How Much Did NuShoe Raise?
Funding & Key Investors

NuShoe, a company with a long-standing presence in handcrafted shoe repair since 1994, has recently secured $228K in a major strategic investment, contributing to its overall funding of $378K. This capital infusion underscores the company's pivot and expanded operational scope.

What is NuShoe?

NuShoe
Consumer ServicesRepair ServicesRetail

NuShoe has historically been recognized for its expertise in handcrafted shoe repair. However, leveraging a unique relationship with a partner factory that transitioned from shoe care to hand sanitizer production, NuShoe has identified a critical opportunity to distribute essential hand sanitizer products. This strategic diversification positions the company to address immediate market needs.

How much funding has NuShoe raised?

NuShoe has raised a total of $378K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$228K

Debt (2020): $150K with participation from PPP

Debt (2021): $228K led by PPP

What's next for NuShoe?

The recent large-scale late-stage funding indicates a significant growth phase for NuShoe, likely focused on scaling its hand sanitizer distribution capabilities and potentially expanding its product offerings or market reach. This strategic investment will enable the company to capitalize on its newfound distribution channels and meet the growing demand for hygiene products.

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Frequently Asked Questions Regarding NuShoe Financial Insights

What are the most recent funding rounds that NuShoe has completed, and what were the funding rounds?
NuShoe has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on Apr 6, 2020.
What is the total amount of funding NuShoe has raised to date?
NuShoe has raised a total of $378K in funding to date.
How many funding rounds has NuShoe completed?
NuShoe has completed 2 funding rounds.
How much funding did NuShoe raise in its most recent funding round?
NuShoe raised $228K in its most recent funding round.
Who are the lead investors in NuShoe's latest funding round?
The lead investor in NuShoe's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in NuShoe's history?
The largest funding round in NuShoe's history was $228K.
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