Fashion

Sneaker platform Goat raises 100 million euros to accelerate growth


Sneaker platform Goat raises 100 million euros to accelerate growth

Sneaker platform Goat has announced the closure of a Series E funding
round of 100 million dollars which it says it will use to accelerate growth
across its product categories and geographies.

Founded in 2015 as a platform exclusively for sneakers, Goat has since
expanded into other categories including apparel
and accessories.

The platform currently features over 350 brands and has 13 physical
locations in the US, Asia, and Europe, including distribution and
authentication centers that ship products to 170 international markets.

“Our mission is to bring the world’s greatest products together from the
past, present and future, while providing a premier end-to-end customer
experience with a point of view on culture and style,” said Goat Group
co-founder and CEO Eddy Lu.

“We will utilize this new round of funding to capture the significant
market opportunities in sneakers, apparel and additional categories through
technological innovation and by building even greater scale across our
verticals.”

Photo credit: Goat



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