BucketFeet raises $3.7 million
BucketFeet is a Chicago-based footwear startup that has raised $3.7 million in funding. The funding will be used for hiring more employees and product development. BucketFeet collaborates with over 3,000 artists from around the world.
Bridge Investments and Jumpstart Ventures led this round of funding with participation from Levy Family Partners, Listen Ventures, Revelry Brands founder Brendan Synnott, former Allscripts CEO Glen Tullman, and Crate & Barrel founder Gordon Segal.
BucketFeet was founded in 2011 and the sales have tripled every year since it launched. The brand sells products through its own website and national retailers like Nordstrom and C. Wonder.
BucketFeet opened a new pop-up store and gallery in SoHo at 108 Wooster St. BucketFeet sells in over 20 countries.
“We’ve grown 2,500% since the first year we launched, and this new round of capital will let us continue to accelerate our growth,” stated Raaja Nemani, co-founder and chief executive officer of BucketFeet. “I think this is a testament to the network and products we’ve created. We’re excited to continue finding new artists and building a global brand.”This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry