Naadam
Responsibly sourced luxury cashmere, fairly priced
San Francisco, United States · Founded 2013 · $16.0M raised
- Headquarters
- San Francisco, California
- Employees
- 51–200
- Founded
- 2013
- Business Model
- B2C
- Website
- naadam.co
- Total Funding
- $16.0M
- Last Round
- $16.0M Series AJul 2018
- Rounds
- 1
About
Naadam is a direct-to-consumer luxury cashmere brand that sources its fiber directly from nomadic herding communities in Mongolia, bypassing the traditional commodity market to deliver high-quality cashmere at accessible prices. Founded in 2013 by Matthew Scanlan and Diederik Rijsemus, Naadam disrupted the cashmere industry by establishing direct partnerships with Mongolian herders, ensuring fair compensation while keeping retail prices significantly lower than comparable luxury brands. The company sells clothing and accessories for men and women through its e-commerce site and physical retail locations.
Summary
Naadam is a Retail company based in San Francisco, United States, founded in 2013. It has raised $16.0M in total across 1 round, most recently a $16.0M Series A round in Jul 2018. Investors include Vanterra, Torch Capital and Trail Post Ventures.
Tech & App Stack
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Funding History
Jul 2018
Investors
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