Summersalt Secures $2M in Seed Funding

Summersalt, a designer of eco-friendly swimwear, secured $2m in seed funding.

The round, which brings total funding to $2.6m, was led by Dundee Venture Capital with participation from Breakout Capital, Revolution’s Rise of the Rest Seed Fund, Cultivation Capital, Victress Capital, M25, The Syndicate Fund and Silas Capital.

The company will use its new funding to expand its product offering and to grow its community through partnerships and innovative content creation

Launched in May 2017 by CEO Lori Coulter and Chief Digital and Brand Officer Reshma Chattaram Chamberlin, Summersalt provides eco-friendly swimwear informed by over 10,000 real women’s body scans and 1.5M measurements.

The swimwear is UV-protected, made from Italian fabrics and recycled materials.

FinSMEs

05/04/2018