Teespring Lands $20,000,000 New Financing Round

  • Feed Type
  • Date
    1/16/2014
  • Company Name
    Teespring
  • Mailing Address
    3 Davol Square Providence, RI 02903
  • Company Description
    Teespring allows you to create & sell custom tees with zero upfront costs, and zero risk. Create & sell t-shirts online the easy way. No paying thousands of dollars upfront, no guessing how many shirts or what sizes you’ll need, and no passing out t-shirts one by one and chasing people down for cash.
  • Website
    http://www.teespring.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The plan is to grow the company, now a 70-person team working in both Providence and San Francisco, by adding more engineers, customer service reps, fulfillment personnel and more. Williams says the company will add new features to the service over the next year, including a way to become more mobile-friendly for sellers.
  • M&A Terms
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    Undisclosed

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