Disclosures

  1. SeedInvest’s due diligence process is no guarantee of success or future results. All investors should carefully review each investment opportunity and cancel their subscription within the allotted time-frame if they do not feel comfortable making any specific investment based on their own DD. Learn more about due diligence on the SeedInvest Blog (https://www.seedinvest.com/blog/angel-investing/how-to-assess-an-investment) and our vetting process in our FAQs (https://intercom.help/seedinvest/en/).

  2. SeedInvest’s selection criteria does not suggest higher quality investment opportunities nor does it imply that investors will generate positive returns in investment opportunities on SeedInvest. Learn more about due diligence on the SeedInvest Blog (https://www.seedinvest.com/blog/angel-investing/how-to-assess-an-investment) and our vetting process in our FAQs (https://intercom.help/seedinvest/en/).

  3. Diversification is only across multiple early-stage investment opportunities within the asset class. There is no guarantee that this program will lead to a well-balanced portfolio of companies across industry types or stages across the asset class. In addition, enrolling in this program will not lead to diversification across your entire investment portfolio. In order to achieve diversification, we do not recommend you allocate more than 10% of your entire investment portfolio to alternative assets.

  4. Testimonials may not be representative of the experience of others and are no guarantee of future performance or success. No individuals were compensated in exchange for their testimonials.

Le Souk Closes Round On SeedInvest

 

Le Souk, an online sourcing platform connecting textile suppliers and buyers, has closed an $800K round with the help of SeedInvest.

Le Souk is a sourcing platform showcasing best-in-class suppliers from 19+ countries. Disrupting the antiquated model of trade shows & agents while servicing a growing global market of makers & creatives, Le Souk makes global sourcing possible by bringing together a trusted supplier network, the latest technology, and a community of designers and makers.

“Digital platforms that connect designers & makers directly to textile suppliers remain a key opportunity in revolutionizing the B2B design supply chain,” says Andy Boszhardt, Managing Partner at Great Oaks Venture Capital. “Le Souk has established itself as a premier online solution in this space with quality suppliers in over 19 countries and a highly engaged buyer audience. With this funding, we believe Le Souk has a great opportunity to become the leader in the space as it builds upon a best-in-class technology to connect buyers and sellers 365 days a year.”

“The textile industry is a massive opportunity for tech to disrupt,” says SeedInvest Investment Director Ameet Padte. “Le Souk gave SeedInvest investors the opportunity to invest in a startup cut from the same cloth as other successful companies creating 21st century B2B marketplaces.”

 

This post was written by James Han on January 29, 2016

Raise a Round

A streamlined fundraising process for companies at every stage.

Choose how much you’d like to allocate to startup investing today.