TeePublic acquired by Redbubble
TeePublic, the online e-commerce platform that serves as a marketplace for independent artists to sell apparel with their designs, has been acquired by RedBubble, an Australian company in the same space. The transaction is for $41M in an all-cash transaction. “The TeePublic team is excited and energized to be combining with Redbubble at such an important stage of our respective growth trajectories. We look forward to partnering with Redbubble to bring more creativity into the world, leveraging our shared capabilities to support the artist and designer community. Redbubble’s experiences in growing its own business and developing its technology platform are a great fit for supporting TeePublic on the next steps in our journey, ” said Adam Schwartz, TeePublic’s COO and Cofounder.
Investors in the acquired company: No external funding raised
Total funding raised: No external funding raised
Full coverage: TeePublic Acquired by RedBubble for $41M in Cash
The AlleyWatch audience is driving progress and innovation at a global scale. Reaching more individuals in a single month than every other tech-focused organization in NYC combined, AlleyWatch is the highway for technology and entrepreneurship in New York. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.