Index et al. back Wool And The Gang with $2.8m

The fresh funding from the round, which was jointly led by Index and Wellington, will allow Wool And The Gang to finance further growth in its existing markets, including the UK, Europe, Japan and the US.

The funding round also falls in conjunction with the launch of the business's new line, The Gang Collection, which features handbags that are handmade and customised by a global community of knitters and sold on Wool And The Gang's online marketplace.

Company
Founded in 2008, Wool And The Gang is headquartered in London. The company operates as an online marketplace that sells sustainable, handcrafted woollen products made by a worldwide network of individual artisans. The company site also sells "Knit Kits", which come with the tools needed to knit your own woollen product.

People
Aurelie Popper and Jade Harwood are the co-founders and creative directors of Wool And The Gang, while Lisa Rodwell is the company's CEO. Neil Rimer is a co-founder of Index, Daniel Waterhouse is a general partner at Wellington and Rory Stirling is a partner at MMC.

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• Topics
• Expansion
• UK / Ireland
• Consumer
• United Kingdom
• Index Ventures
• MMC Ventures
• Wellington Partners