Tailor Brands raises $50M, aims to be one-stop shop for small businesses to launch – TechCrunch
Tailor Brands, a startup that automates parts of the branding and marketing process for small businesses, announced Thursday it has raised $50 million in Series C funding. GoDaddy led the round as a strategic partner and was joined by OurCrowd and existing investors Pitango Growth, Mangrove Capital Partners, Armat Group, Disruptive VC and Whip Media founder Richard Rosenblatt. Tailor Brands has now raised a total of $70 million since its inception in 2015. "GoDaddy is empowering everyday entrepreneurs around the world by providing all of the help and tools to succeed online," said Andrew Morbitzer, vice president of corporate development at GoDaddy, in a written statement. "We are excited to invest in Tailor Brands -- and its team -- as we believe in their vision. Their platform truly helps entrepreneurs start their business quickly and easily with AI-powered logo design and branding services."
Jul-22-2021, 11:45:33 GMT