Printify, Inc. announced that it has received $44.999999 million in funding from Dreamers VC, H & M Hennes & Mauritz AB, Index Ventures SA, Virgin.com Limited and other investors
September 07, 2021
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On September 8, 2021, Printify, Inc. closed the transaction. The company has issued 4,315,340 series A preferred stock for gross proceeds of $15,578,506.8602 in its second tranche, bringing total funding raised in the transaction to $44,999,998.6581. The transaction was led by Index Ventures SA and included participation from new investors H & M Hennes & Mauritz AB (publ), Virgin.com Limited, founders of Transferwise, Vinted, Squarespace, RedHat and Dreamers VC and another investor. The round is raised at a post-money valuation of $300,000,000.
Hennes & Mauritz AB (H&M) specializes in designing and distributing clothes, accessories and cosmetics for men, women and children. The products are sold primarily under the H&M, H&M Home, COS, Monki, Weekday, Afound, & Other Stories and ARKET brands. Products are manufactured by subcontractors.
At the end of November 2023, products are marketed through a network of 4,369 points of sale (of which 282 franchises) located mainly in Sweden (91), the United States (508), Germany (420), the United Kingdom (238), France (197), Italy (160) and the Netherlands (107).
Net sales are distributed geographically as follows: Germany (14.9%), the United States (14%), the United Kingdom (7.4%), France (4.8%), Sweden (3.7%), Italy (3.2%), the Netherlands (3.1%), Poland (3.1%), Switzerland (2.9%), Canada (2.9%) and other (40%).
Printify, Inc. announced that it has received $44.999999 million in funding from Dreamers VC, H & M Hennes & Mauritz AB, Index Ventures SA, Virgin.com Limited and other investors
HENNES & MAURITZ AB 
