# Koio Collective

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/koio-collective

- Industry: Consumer Products
- Headquarters: New York, US
- Website: www.koio.co
- Total disclosed funding: $10M
- Latest round: Series A (Oct 22, 2019)
- Investors on record: 5

## About

Koio Collective, Inc. is a luxury footwear brand specializing in handcrafted Italian leather sneakers that merge traditional craftsmanship with modern aesthetics, catering to style-conscious consumers worldwide.Founded in 2014, Koio Collective, Inc. is based in New York, US. The company focuses on premium leather sneakers and has successfully completed four funding rounds, with the latest being a Series A round raising USD 6.00 mn in October 2019, led by Founders Fund and including investors such as Acton Capital and Brand Foundry Ventures. The founders, Chris Wichert and Johannes Quodt, have backgrounds in fashion and entrepreneurship, enhancing the brand's industry presence.Koio specializes in handcrafted Italian leather sneakers, offering a premium product range that combines luxury craftsmanship with contemporary design. The company’s core offerings include various sneaker styles emphasizing versatility, comfort, and aesthetic appeal. The flagship model, the Capri, is marketed as a "day-to-night go-to" sneaker, while other models such as the Ostuni, Monza, and Portofino cater to specific use cases like casual wear and travel. Koio services a customer base of style-conscious individuals in North America and Europe, selling directly through its online platform and select retail partners.Koio generates revenue primarily through direct-to-consumer sales via e-commerce transactions on its official website. Customers typically purchase individual footwear pairs, with pricing reflecting model features. The Capri sneaker is positioned as a high-end offering, while various accessories such as Koio Shoe Trees and Eco Protect add to revenue streams. Pricing strategies are designed to attract consumers seeking luxury footwear, supported by promotions to enhance engagement and drive sales.Koio Collective, Inc. aims to expand its product line by designing new sneaker models and accessories, with plans to launch these by early 2024. The company is also targeting expansion into European markets, specifically aiming for a stronger presence in regions like Germany and France. The USD 6.00 mn raised in Series A funding will support these initiatives, particularly in product development and market entry strategies.

## Funding rounds

- Series A, Oct 22, 2019, $6M — Founders Fund, Acton Capital, Brand Foundry Ventures
- Series A, Apr 11, 2018, $3M — Acton Capital, Winklevoss Capital, Brand Foundry Ventures
- Seed, May 26, 2016, $1.3M — Winklevoss Capital, Brand Foundry Ventures, Olive Tree Capital

## Investors

- Winklevoss Capital (https://capitalatlas.ai/funds/winklevoss-capital) — Seed, Series A
- Brand Foundry Ventures (https://capitalatlas.ai/funds/brand-foundry-ventures) — Seed, Series A
- Olive Tree Capital (https://capitalatlas.ai/funds/olive-tree-capital) — Seed
- Acton Capital (https://capitalatlas.ai/funds/acton-capital) — Series A
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A