Koio, the D2C luxury sneaker brand, raises $6 million

Koio, the D2C luxury sneaker brand, raises $6 million

4 years ago
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https://techcrunch.com/2019/10/22/koio-the-d2c-luxury-sneaker-brand-raises-6-million/

Koio, the high-end sneakers brand led by Chris Wichert and Johannes Quodt, has today raised an additional $6 million in Series A funding, bringing total Series A funding to $9 million. The round was led by Founders Fund, with participation from existing investors Acton Capital Partners and Brand Foundry, among others.

The direct-to-consumer product was started when Wichert and Quodt got sick of spending so much on their high-end leather sneakers.