# BucketFeet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bucketfeet

- Industry: Internet
- Headquarters: Chicago, US
- Website: www.bucketfeet.com
- Total disclosed funding: $18M
- Latest round: Series A (Oct 27, 2015)
- Investors on record: 4

## About

BucketFeet, Inc. is a footwear company that specializes in unique, artist-designed shoes, providing a platform for independent artists to share their creativity through fashion.Founded in 2011, BucketFeet, Inc. is based in Chicago, US, and focuses on creating footwear that features artwork from independent artists globally. In October 2017, the company was acquired by Threadless, although financial terms were not disclosed. The founder has a history of fostering creative collaborations, enhancing the brand’s unique position in the market. BucketFeet has raised a total of USD 7.50 mn across various funding rounds, with the most recent being a VENTURE DEBT round amounting to USD 5.00 mn, led by Wintrust Financial Corporation.BucketFeet specializes in offering a unique range of footwear, centering on designed shoes that incorporate artwork from independent artists worldwide. Their core product line features slip-on shoes available for both men and women, allowing customers to express their individuality through unique designs. The company collaborates with a diverse array of artists, providing them a platform to showcase their work while also catering to art enthusiasts looking for distinctive footwear options. The primary end-use case for BucketFeet products revolves around personal expression and style, appealing to a customer base that values creativity and originality in their fashion choices. BucketFeet products are sold primarily in the United States, with additional reach into international markets, expanding the accessibility of their artist-driven designs globally.BucketFeet generates revenue through direct-to-consumer sales online, allowing customers to purchase their signature slip-on shoes featuring various artistic designs. The company's transaction structure is characterized by a straightforward e-commerce model, where customers can browse the extensive artist marketplace and select from an array of footwear options that reflect their personal style. Each sale contributes to the revenue stream, with a focus on individual transactions rather than subscription models or wholesale arrangements. Pricing typically reflects the unique artistry and craftsmanship involved in each design, with specific details available on their platform. BucketFeet’s flagship offering, the artist-designed slip-ons, plays a critical role in their revenue generation strategy, ensuring a steady flow of sales from both new and returning customers.With the recent acquisition by Threadless, BucketFeet plans to leverage additional resources to enhance its product offerings and strategic market expansion. The company is focusing on designing new lines of footwear that will feature exclusive collaborations with emerging artists, scheduled for release in the upcoming quarters. Plans are underway to expand into international markets in Europe and Asia by the end of 2023, capitalizing on the growing demand for artist-driven products. The funding from the most recent VENTURE DEBT round will be utilized to support these initiatives, enhancing production capabilities and marketing efforts to reach a broader audience.

## Funding rounds

- Series A, Oct 27, 2015, $7.5M — Lakewest Venture Partners, Listen Ventures, Wintrust Financial Corporation, Jumpstart Ventures
- Series A, Feb 4, 2015, $7.5M — Lakewest Venture Partners, Jumpstart Ventures
- Seed, Nov 1, 2013, $2.7M — Lakewest Venture Partners, Jumpstart Ventures
- Angel, Jun 1, 2012, $0.5M — Jumpstart Ventures

## Investors

- Jumpstart Ventures (https://capitalatlas.ai/funds/jumpstart-ventures) — Angel, Seed, Series A
- Lakewest Venture Partners (https://capitalatlas.ai/funds/lakewest-venture-partners) — Seed, Series A
- Listen Ventures (https://capitalatlas.ai/funds/listen-ventures) — Series A
- Wintrust Financial Corporation — Series A