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Strong Growth Trajectory Supported by Seven-Figure Funding
New York, NY, Feb. 01, 2018 -- Made Modern LLC, an innovative developer of products and media aimed at fostering creativity in children ages 4 through 11, has announced the completion of a $3 million financing transaction with Decathlon Capital Partners.
The investment will enable Made Modern LLC’s flagship brand, Kid Made Modern, to increase its inventory, expand distribution, invest in ecommerce opportunities and make key personnel moves that will bring the company’s market-leading products to an even larger audience.
Kid Made Modern has created a universe of more than 1,000 products and media across arts and crafts, clothing, back-to-school and home goods categories, all aimed at inspiring creativity and self-expression in children.
“We have achieved strong growth and built an impressive infrastructure with limited resources,” said Todd Oldham, founder of Made Modern. “Decathlon’s investment will provide the resources we need to supercharge our operations, hire key staff and lean into our media strategy.”
“Our goal is to build Kid Made Modern into a global brand known for inspiring kids to express their creativity,” added CEO Brian Richards. “Working with Decathlon will enable us to develop products in new categories, and drive our awareness and e-commerce efforts as we scale the company.”
“Made Modern exemplifies the companies with which we partner,” noted Decathlon Capital’s John Borchers. “The company has the foundation to grow into a leading consumer brand, and we’re pleased to be a part of their story. We look forward to working with Todd, Brian and the rest of the Made Modern team going forward.”
About Decathlon Capital Partners
Decathlon Capital Partners provides growth capital for companies seeking alternatives to traditional equity investment. Through the use of highly customized revenue-based financing solutions, Decathlon provides long-term growth capital without the dilution, loss of control and operational overhead that often comes with equity-based funding. With offices in Palo Alto and Park City, Decathlon is the largest revenue-based funding investor in the U.S. and is active across a wide range of sectors. Learn more at www.decathloncapital.com.
About Made Modern LLC
Launched in 2010 by renowned designer Todd Oldham, Made Modern LLC was founded with the belief that creativity is the most important problem-solving skill of the 21st century. The Kid Made Modern product line offers gender-neutral, sustainably sourced products that encourage children to express their creativity in whatever form suits them. For more information, visit www.kidmademodern.com.
Media Contact: Jon Levinson Email: [email protected] Phone: (646) 528-3582
