Taylor and Hart raises £3.5m in funding
Since launching in 2014, Taylor and Hart has had an NPS score consistently exceeding 85 and annual revenue now greater than £10m
Digital-first bespoke jewellery business Taylor and Hart has raised £3.5m in funding from Virgin Money, Active Partners and private investment platform Seedrs.
The investment will be used to support the business to further develop its state-of-the-art technology offering which ensures the authenticity of its gemstones as well as grow internationally and increase brand awareness.
With a team of 65 across four countries and customers in the UK, USA and Europe, the brand will focus on expanding internationally.
Since launching in 2014, Taylor and Hart has had an NPS score consistently exceeding 85 and annual revenue now greater than £10m.
Nikolay Piriankov, founder and CEO, said: “Taylor and Hart was born to disrupt the opaque and conventional ring shopping experience by creating unique, meaningful rings for our customers which are designed to be passed down through generations with a service that is truly omnichannel.
“We’re delighted to have Virgin Money and Seedrs investors supporting us with this new round of funding alongside the continued support of our lead investor Active Partners. This next phase of growth is really exciting as we work towards fulfilling our mission to become the global destination for bespoke engagement rings.”
