Swatch On
Latest round
- Series B
Last raised
- Apr 2022
Total raised
- $12M
Investors
- 7
About Swatch On
Founded in 2017 by Woosuk Lee, Swatch On is headquartered in Seoul, South Korea. The company operates as a platform for fashion brands to source fabrics efficiently.SwatchOn operates as a leading wholesale fabric platform, primarily catering to fashion brands seeking high-quality textile solutions. The company’s core offerings include a diverse range of fabrics that serve the apparel and fashion industries, addressing the need for reliable sourcing of materials. SwatchOn facilitates seamless transactions between fabric manufacturers and fashion brands, ensuring a streamlined supply chain that allows designers to easily access unique fabrics tailored to their specific needs. The platform is primarily utilized by fashion designers, retailers, and manufacturers located in key markets including North America, Europe, and Asia.The revenue model of SwatchOn is structured around B2B transactions, where fashion brands directly purchase fabrics through the platform. Clients engage with the company by placing orders for specific textiles, which may involve bulk purchases for ongoing projects or smaller quantities for sampling purposes. The pricing structure accommodates various order sizes, providing flexibility for both large-scale operations and independent designers. Flagship products include exclusive fabric collections that resonate with current fashion trends, appealing to a broad spectrum of clients. The company has plans to expand into new markets, targeting regions in Europe and North America by the end of 2023.
Who invested in Swatch On
7 investors across 5 rounds
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Questions about Swatch On
Who invested in Swatch On?
Swatch On has 7 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Swatch On raised?
Swatch On has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Swatch On last raise money?
Swatch On's most recent round on record is a Series B, in Apr 2022.
What does Swatch On do?
Founded in 2017 by Woosuk Lee, Swatch On is headquartered in Seoul, South Korea.
Where is Swatch On headquartered?
Swatch On is headquartered in Seoul, South Korea.
Which VCs invest in companies like Swatch On?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back consumer products companies at Swatch On's stage. Their profiles are linked below.
VCs backing consumer products startups at Series B
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