Australian Footwear Website Shoes Of Prey Completes The First Round Of Financing

Australian

Shoes of Prey today announced the completion of the $3 million A round.

Investors include Crunchfund, Bill Tai and Mike Cannon-Brookes.

Financing is the behavior and process of raising funds for an enterprise.

That is to say, according to their own production and operation status, capital ownership and the future development of the company, the company can raise funds and invest funds from a certain channel to the company's investors and creditors through a scientific prediction and decision making through scientific prediction and decision making, so as to ensure the normal production needs of the company and the financial behavior required by the management and operation activities.

The motive of the company to raise funds should follow certain principles and carry out through certain channels and certain ways.

We usually say that there are three main purposes for enterprises to raise funds: expansion of enterprises, repayment of enterprises and mixed motives (mixed motives of expansion and repayment).

For the Australian footwear sales website, it is mainly for business expansion, but it does not exclude other reasons.

Shoes of Prey was established in 2009 to provide women's consumers with self-designed footwear products.

The website said it would further expand the sales market and product varieties with the funds it obtained, and improve the social function of the website.

Shoes of Prey

Online provide three-dimensional design platform for footwear, to facilitate users to design their favorite style.

The price of each pair of customized shoes is more than a hundred dollars, but the style is completely loyal to the designer, making the consumer think that it is worth the money.

At the same time, although the website provides customized service, the shoe code is not negotiable, only 6.5, 7 and 8 yards are available, but this does not affect the sales performance of the website.

The website has so far designed more than 10 million shoes online, and has spent more than 20 million minutes on the Internet. It is confident that the amount of users and sales will rise after the financing.