500 Startups Backed Sourceeasy Acquires Customized Apparel Manufacturing Startup AbbeyPost

500 Startups Backed Sourceeasy Acquires Customized Apparel Manufacturing Startup AbbeyPost

San Francisco-based low-cost apparel manufacturing platform, Sourceeasy has acquired an online manufacture and design service for plus-sized clothing, AbbeyPost. However, the amount of the deal is kept undisclosed. Both the companies were part of 500 Startups’ 9th batch.

AbbeyPost, founded by Cynthia Schames and Lex Mustafin in 2014, is a software-driven custom apparel that fits every woman’s shape and size. It is a platform for the creation of scalable, affordable and fast mass customization of apparel. It offers fully custom Made to Measure apparel, Made in the USA, at department store prices, delivered in 2 weeks or less.

The acquisition will help company to offer near-shore manufacturing to clothing brands using the “Made in USA” brand, build their own library of pre-fabricated pattern blocks and use off-the-shelf/pre-produced fabrics to shorten lead times.

Speaking on this move, Pranay Srinivasan, founders and CEO of Sourceeasy said, “We are poised to grow our revenues exponentially in the next 12-18 months and creating scalable, automated fit approval systems based on templates and standard blocks is critical to our scale. Abbeypost’s internal pattern and sampling systems will help us leapfrog our Template program ahead by 6-9 months.”

Founded in 2013 by Pranay Srinivasan and Chirag Chamoli, Sourceeasy offers a web-based platform for designers, ecommerce stores, brands to source and design apparel for their private labels through an offline network of manufactures. Clients can also request for samples, keep track of the orders, collaborate on designs, rate styles, choose styles from available fabric, rate both buyers and suppliers.

So far, the startup has raised around $1.8 Mn in three rounds from Aloke Bajpai, 500 Startups, Sean Percival, Pankaj Jain, Vijay Shekhar Sharma.

Step up your startup journey with BHASKAR! From resources to networking, BHASKAR connects Indian innovators with everything they need to succeed. Join today to access a platform built for innovation, growth, and community.

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

500 Startups Backed Sourceeasy Acquires Customized Apparel Manufacturing Startup AbbeyPost-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

500 Startups Backed Sourceeasy Acquires Customized Apparel Manufacturing Startup AbbeyPost-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

500 Startups Backed Sourceeasy Acquires Customized Apparel Manufacturing Startup AbbeyPost-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

500 Startups Backed Sourceeasy Acquires Customized Apparel Manufacturing Startup AbbeyPost-Inc42 Media
500 Startups Backed Sourceeasy Acquires Customized Apparel Manufacturing Startup AbbeyPost-Inc42 Media
You’re in Good company