The Edit LDN secures £3.9m in seed funding led by Regah Ventures to scale globally
The seed round was led by Regah Ventures with participation from several sports celebrities to fuel international expansion.
The Edit LDN operates a high end online marketplace for limited edition sneakers, streetwear and collectables. The company connects buyers with premium resellers through proprietary technology.
The Edit LDN has secured £3.9m in seed financing to accelerate its international expansion, starting with the US and Middle East markets. The funding round was led by Regah Ventures, with additional participation from high profile sports figures including Xavier McKinney, PJ Tucker and Jesse Lingard.
Founded in 2020, the London based sneaker marketplace has experienced rapid growth by offering authenticated limited edition footwear and apparel. The company recently established major retail partnerships with department stores such as Harrods, Harvey Nichols and Galeries Lafayette, alongside a global agreement with the Chicago Bulls.
From the founder
"We have been laser focussed on providing a premium service and doing this super fast to anyone buying limited edition sneakers globally. This was an unmet need in the sneaker community and our growth success is testament to how we are conquering this. Having built relationships with brands, celebrities and consigners, we can secure the most sought after products by clients. Our robust authentication process and detailed supply chains has helped to grow trust and love for the brand – we will double down on our tech stack to ensure we are ahead of the curve to source, offer and send the latest sneakers to anyone, anywhere in the world quickly."
Moses Rashid
CEO at The Edit LDN
Investor perspective
"We are backing The Edit LDN to be the most disruptive and innovative global marketplace for limited sneakers, streetwear and collectibles. With unique market positioning, celebrity endorsements, and the powerful brand they have built in a short space of time, it is a really exciting business. We have every confidence in Moses and the wider management team to turn this into a $1billion+ business quickly, and we at Regah Ventures are delighted to be a part of the journey"
Mark Hager
CEO, Regah Ventures
Use of funds
- 01Expand into international markets
Investors
Categories
About the company
The Edit LDN
Online marketplace for limited edition sneakers and streetwear.