• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Printify bags $45M, led by Index, to ride the custom printing boom

September 9, 2021 by David Barret Leave a Comment

The creator economy loves merch which is great news for on-demand custom printing startups such as Latvia-based Printify — today it’s announcing a $45 million Series A round, led by Index Ventures, off the back of rising demand for its services.

The mission: To keep growing its global marketplace of print shops to meet rising demand for custom wares, shipped.

Also participating in the funding round: H&M Group, Virgin Group, plus the founders of Transferwise, Vinted, Squarespace, RedHat, and entertainment industry investors including Will Smith’s Dreamers VC and NBA player Kristaps Porzingis.

TechCrunch understands Printify’s post-money valuation is just over $300M.

Ecommerce and creator-focused platforms like Patreon and Shopify — which cater to micro-brand creating individual sellers (be they designers, content creators, ecommerce entrepreneurs or other highly online hustlers) — are helping to fire up demand for custom products like t-shirts, mugs, stickers etc, expanding the market for on-demand printing and shipping.

Printify says it’s now connecting some two million merchants with print providers all over the world — and shipping a million units per month.

It’s also grown to employ close to 500 people — doubling its headcount over the past year, now with a plan to add a further 200 positions by the end of the year.

“Our main audiences are creators, entrepreneurs; most of our merchants are people who want to build a side-business and earn money in addition to their main income, however, we also see a high growth of creators and entrepreneurs who use Printify as a service that helps building their core business,” the startup tells TechCrunch.

It’s one of a number of custom printing startups that have positioned themselves to step in to tackle the printing and shipping piece at scale, often building up businesses over several years from a far smaller base. (Others in the space include Printful, Gelato and Zazzle.)

The 2015-founder Printify has slightly fewer years in the business than some of its rivals but it argues that’s allowed it to be more focused on serving the micro-brand building merchants who are now sparking such a boom in demand custom wares.

“Printify gives the ability for everyone to earn additional income,” it says when asked about the competitive mix — touting a focus on product selection, quality and price as its special sauce, in addition to its marketplace’s global footprint, meaning it can print and ship products to meet demand from merchants all over the world.

“Those are the key aspects our merchants are looking for,” it adds. “Printify provides the largest selection of on-demand printed products for creators and merchants to sell online. Furthermore, Printify provides lowest prices, while ensuring reliable high quality standards.”

The most popular products being sold by merchants using its marketplace are “the classics” — aka T-shirts, hoodies, stickers, mugs, posters and hats.

“We also see a fast-growing market for baby and children’s products, sportswear, pet products and drinkware,” it adds. “Most merchants choose Printify because of our wide selection and geographical flexibility — we have 370+ products in our catalog and adding several each week, printed in 100+ locations all over the world.”

Commenting on the Series A funding in a statement, Dino Becirovic, principal at Index Ventures, said: “Printify is the leading marketplace for on-demand manufacturing, offering the largest selection of products and print providers. They have removed all the barriers to product creation and enabled over 2 million creators to launch successful merchandise businesses at the push of a button. Over time, as more manufacturers come online and more methods become available, Printify will allow any creator to bring their wildest product ideas to reality.”

Printify raises $3M to expand its marketplace for custom printing

Facebook will lure creators with $1 billion in payments

 

Source Link Printify bags $45M, led by Index, to ride the custom printing boom

David Barret
David Barret

Related posts:

  1. Japan lays out growth strategy priorities ahead of elections
  2. Special Report-How the Chinese tycoon driving Volvo plans to tackle Tesla
  3. Tanzania says gunman who killed four people last month was a terrorist
  4. Sony’s PS5 Showcase 2021 will announce “the future of PS5”

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • Wearing A Tie Might Have A Concerning Consequence
  • How Many Babies Did Dinosaurs Have? And Other Questionable Prehistoric Parenting Practices
  • Cookiecutter Sharks Are Adorable Little Freaks – And Eat Their Prey In A Bizarre Way
  • 6,000 Years Ago, A Mysterious Human Population Entered South America – Then Vanished Without A Trace
  • “Interstellar Concert”: ESA Beams “True Unofficial Space Anthem” To NASA’s Voyager 1
  • Over 700 Manatees Gather In Florida Park, The Largest Group Ever Seen There
  • Good News, The Milky Way May Not Collide With Andromeda In 5 Billion Years After All
  • What Is This Giant Line That Slices Through Scotland?
  • “Unlike Anything We Have Seen Before”: Repeating Signal From Deep In Galactic Plane Puzzles Astronomers
  • How You Can Navigate Your Way North Or South Using A Crescent Moon
  • Help, My Nails Have Turned Green! What Is Chloronychia, AKA “Green Nail Syndrome”?
  • Is 1 Billion The Same Number Around The World? The Short Answer Is: No
  • The World’s Oceans Are Getting Darker, Raising “A Genuine Cause For Concern”
  • Seals Playing Video Games For Science? We’ve Got The Footage To Prove It
  • Are There Colors That Only Exist In Our Brains? Find Out More In Issue 35 Of CURIOUS – Out Now
  • If They Take Fluoride Out Of The Water, What Could Happen To Americans’ Teeth?
  • Paraglider Accidentally Flies Into The “Death Zone” 8,500 Meters Up – And Survives
  • World’s Oldest Fingerprint, Bioacoustics Could Give Us “A Peek Into The Language Of Wolves”, And Much More This Week
  • Please Stop Jamming Coins Into The Rocky Cracks Of Legendary Giant’s Causeway
  • We’re A Step Closer To Knowing Who Made The Earliest Known Stone Tools
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version