Immaculate Vegan, an online marketplace for premium vegan fashion, beauty, and lifestyle products, has raised £400,000 in its first investment round. Investors included SFC Capital, Bran Investments, and Beyond the Polaris.
Immaculate Vegan Launches Crowdfunding Campaign After Seeing 56% YoY Sales Growth
Immaculate Vegan, a global marketplace dedicated to high-end vegan and sustainable fashion, has launched a crowdfunding campaign via CrowdCube as it continues to expand. The marketplace achieved over £1.12 million in gross sales and £218,000 in revenue over the last 12 months, along with 56% YoY sales growth. Since its launch in 2019, Immaculate Vegan has acquired over 15,000 customers from 40+ countries, with 7,000 of these customers gained in the past financial year. With another two weeks to go, the crowdfunding campaign is already oversubscribed, with the total sum raised standing at over £280,000 (the initial target was £200,000). Immaculate Vegan plans to use the funding to expand into new categories such as menswear, children’s clothing, homeware, and beauty. The marketplace is already backed …
