Tailor Brands raises $50M, intends to be one-stop shop for small companies to launch

Tailor Brands raises $50M, intends to be one-stop shop for small companies to launch

Tailor Brands, a startup that automates parts of the branding and marketing process for small businesses, revealed Thursday it has actually raised $50 million in Series C financing. Over the past year, more users are flocking to Tailor Brands; the company is onboarding some 700,000 new users per month for assistance in the earliest phases of setting up their service. The company saw a 27 % increase in brand-new company incorporations as the creator and gig economy gained traction in 2020, Saar stated. In addition to the scores of new users, the company crossed 30 million services using the platform.