# Axel Arigato

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/axel-arigato

- Industry: Consumer Products
- Headquarters: Gothenburg, Sweden
- Website: www.axelarigato.com/
- Total disclosed funding: $7.5M
- Latest round: Series A (Jan 24, 2018)
- Investors on record: 1

## About

Based in Sweden, Axel Arigato AB is a contemporary brand specializing in high-end footwear and fashion apparel, known for its innovative designs that merge modern trends with classic styles.Axel Arigato AB, founded in 2014 and headquartered in Gothenburg, Sweden, designs and retails luxury footwear and fashion. The company was co-founded by Max Svärdh. In November 2020, Eurazeo, alongside management, acquired a majority stake for EUR 56 mn from Vaultier7, marking a significant investment in the company's future.AXEL ARIGATO specializes in high-end footwear and fashion apparel, primarily focusing on contemporary streetwear aesthetics. Their offerings include a diverse range of sneakers, boots, and casual wear crafted from premium materials for quality and durability, appealing to fashion-conscious young adults and millennials. The brand's distinctive footwear line features innovative designs that cater to customers seeking unique options for various occasions, and products are available in Europe, North America, and select Asian regions.In 2022, AXEL ARIGATO reported a revenue of EUR 77,029,083.60 and an EBITDA of EUR 5,657,418.30. The company generates revenue through direct-to-consumer sales via its online store and selective partnerships with upscale retailers, targeting the mid to high-end market segment.Following the recent investment of EUR 56 mn in November 2020, AXEL ARIGATO plans to expand its product line with new footwear designs and apparel collections, aiming for a launch in late 2023. The company is also targeting growth in Asian markets, specifically Japan and South Korea, by 2024, utilizing the funding to enhance its market presence and operational capabilities.

## Funding rounds

- Series A, Jan 24, 2018, $7.5M — Vaultier7

## Investors

- Vaultier7 (https://capitalatlas.ai/funds/vaultier7) — Series A