Crowd get behind men’s grooming service Thomas Clipper
£93,000 Seedrs investment marks London business' fourth successful crowdfunding campaign as it looks to bring new products to market
Male lifestyle brand Thomas Clipper has successfully completed its latest crowdfunding round on equity-based platform Seedrs, reaching over 133% of its funding target.
The round, the start-up's fourth successful crowdfunding campaign to date, saw over 100 crowd investors fund £92,985 in exchange for a share of 9.72% equity.
Backed by King of Shaves founder Will King, London-based Thomas Clipper was founded in September 2014 and offers a range of limited edition men's grooming products including razors, shave oil, soap and a washbag.
Its products – said to be UK designed and made using responsibly sourced materials – are available online, stocked with Fortnum and Mason, and are shipped to more than 35 countries worldwide.
Founders Antonio Weiss and Matthew Brown intend to use this latest crowdfunding to introduce new products to market such as a cologne and artisanal gin in order to “transform Thomas Clipper into a luxury lifestyle brand with a difference”.
Investors will have a say in the development of these new products, and will also receive exclusive discounts.
Co-founder Brown commented: “This is a really exciting and significant development for us.
“We're thrilled that over 100 investors have over-funded us and are helping us to bring our products to a wider audience.”