Creative Fabrica Digital Craft Startup Company Draws in $7 Million From Investors

By James White Friday, January 29, 2021

Craft ecommerce startup company Creative Fabrica attracted investors old and new to its business in a recent series A round. The latest round brought in funds amounting to $7 million and raised the total funding of the business to $7.6 million.

SaaS (software as a service) venture capital firm Peak Capital returned to the funding rounds in support of the startup company after previously investing over $600,000 in the seed round. The firm was joined by new investors Felix Capital and FJ Labs. The ecommerce business plans to use the funding from the last round to expand its marketplace into new types of crafts such as yarn-based projects and to grow the company.

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A Digital Marketplace for Creators and Craft Enthusiasts

Based in Amsterdam, Creative Fabrica’s business focuses on those who love doing crafts. Founded in 2016 by entrepreneurs Anca Stefan and Roemie Hillenaar, the startup company provides a place for artists, designers, and craftspeople to sell and buy digital project resources, including fonts, backgrounds, patterns, and more. The business supports over 5,000 designers and 1.7 million products.

The startup company also provides web tools for creating and managing fonts and word art. On top of these assets, the company also has The Craft Club, its subscription service that offers thousands of designs with included commercial licenses, personal designers, and exclusive prices for a monthly fee rather than per design.

“Creative Fabrica is a combination of love for art and a passion for handmade crafts and fonts,” states the startup company’s website. “Younger people are looking for a creative outlet away from the computer. And we're all about that. We want to be the go-to place for the crafting community.”

Creative Fabrica is not the only craft-based ecommerce business out there. Digital marketplace Etsy, which sits at a market cap of $26.8 billion, also supports creatives by providing a platform to sell handmade products of all kinds.

According to the National Assembly of State Arts Agencies, the arts and cultural production industry was valued at $877.8 billion in the US in 2017. This amounts to 4.5% of the country’s GDP.

Concluding Thoughts

Ecommerce startup and digital craft business Creative Fabrica garnered investors’ attention and raised $7 million in the company’s series A funding round. The startup provides craft design resources and web design tools in addition to a subscription service that provides premium products with commercial licenses. Businesses like Creative Fabrica and Etsy will likely see healthy growth as investors take an interest in the industry.

About the Author

Headshot for author James White

James White is a Michigan State University graduate with a B.S. in Environmental Biology. He is interested in reporting emerging trends in technology, especially with regard to alternative energy and environmental conservation.

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