# Stik.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stik-com

- Industry: Internet
- Headquarters: Detroit, US
- Website: www.stik.com
- Total disclosed funding: $4.8M
- Latest round: Series A (Mar 3, 2013)
- Investors on record: 6

## About

Stik.com is a company specializing in high-quality fabrics designed for diverse applications in fashion, interior design, and artwork creation, leveraging advanced textile technologies to meet evolving customer demands.Stik.com operates as a provider of innovative fabrics tailored for various industries. The company raised USD 2.3 mn in Series A financing on March 3, 2013, with investments from Detroit Venture Partners, North Coast Technology Investors, Draper & Associates Inc, Michigan Economic Development Corporation, Automation Alley, and TechTown. The company was co-founded by Jamie Toelle, Jay Gierak, and Nathan Labenz, with Alex Persky-Stern serving as CEO.STIK specializes in high-quality fabrics and related products tailored for a diverse range of applications, including fashion, interior design, and artwork creation. The company's core offerings encompass a selection of innovative fabrics that integrate advanced textile technologies, providing unique textures and functionalities to meet the evolving demands of designers and consumers alike. STIK serves a broad customer base, including designers, retailers, and direct consumers, who utilize their products to enhance various projects, from bespoke garments to artistic installations. Their fabrics are designed to address specific challenges in the textile industry, such as sustainability and durability, and are distributed in key geographical markets, including Europe, North America, and parts of Asia, catering to the needs of a global clientele.STIK generates revenue through direct sales of their fabric products, as well as potential partnerships with retailers and designers. The company operates on a B2B and direct-to-consumer model, providing customers with bespoke fabric solutions tailored to their specific requirements. Transactions typically involve bulk orders placed by designers and retailers, with pricing structures reflecting the quality and uniqueness of the materials. Flagship products, which may include specialized textile lines or collections, are positioned competitively within the market, ensuring that both retail partners and consumers perceive significant value in their purchases. The revenue stream is supported by ongoing relationships with clients who rely on STIK for consistent quality and innovation in their fabric offerings.In the future, Stik.com plans to enhance its product line with new fabric designs and innovations that address emerging trends in sustainable fashion and interior design. The company is looking to expand into additional markets in Asia and Europe by 2024. The recent Series A funding of USD 2.3 mn will be utilized to support these product developments and facilitate the geographical expansion, ensuring the company remains responsive to industry demands and customer needs.

## Funding rounds

- Series A, Mar 3, 2013, $2.3M — North Coast Technology Investors, TechTown, Michigan Economic Development Corporation, Detroit Venture Partners, Draper & Associates Inc, Automation Alley
- Series A, Sep 21, 2012, $2.5M — Detroit Venture Partners, Draper & Associates Inc

## Investors

- Detroit Venture Partners (https://capitalatlas.ai/funds/detroit-venture-partners) — Series A
- Draper & Associates Inc — Series A
- North Coast Technology Investors (https://capitalatlas.ai/funds/north-coast-technology-investors) — Series A
- TechTown — Series A
- Michigan Economic Development Corporation — Series A
- Automation Alley — Series A