UK-based bag maker Knomo has raised 3 million pounds in funding. The backer was Rockpool Investments.
British bag maker, KNOMO is expanding across the Atlantic securing £3 million investment through private equity firm Rockpool and zipping up deals with US retail giants, Macy’s, Saks Fifth Avenue and Anthropologie.
The new partnerships are expected to boost KNOMO’s international business with US sales predicted to rise by more than 45% in the next six months.
Closer to home, the company will be headlining Selfridges’ new technology department and plans to launch a flagship community working space in Covent Garden for digital nomads, catering to the workers of the future who will increasingly be doing their job on the move.
KNOMO CEO and co-founder Howard Harrison comments: “KNOMO’s customers are digital nomads working all around the world, so it’s natural for us to take another step towards becoming a truly global brand. Our mission is to empower everyone to follow their passion and work free, so we’ve created this ecosystem that makes managing life and work easy, wherever you are”
The company also strengthened its senior management team welcoming Fred Edwards as COO (Hummus Bros, OneCall24) and Simon Wilkinson as Digital Director (Dr Martens, Charles Tyrwhitt) to focus on the customer experience and building ecommerce.
Tommy O’Sullivan, Investment Director at Rockpool Investments, comments: “Living and working on the move is becoming a mainstream lifestyle choice, the loyal customer community and innovative approach to design ideally equips the team to develop KNOMO into a truly global brand.”
About KNOMO: Established in 2004 at the turn of the laptop revolution, KNOMO has pioneered an ecosystem of products for consumers in the digital age that perfectly blends technology and fashion.
KNOMO’s mission is to enable everyone to get life organised in order to confidently work free, where following your passion means that work is no longer a chore and can be deftly managed from anywhere in a “#WorkFree” lifestyle.