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Recently Funded|Amount: USD 22.2M|Industry: Retail Apparel and Fashion

Roots Secures $22 Million in Series B Funding to Elevate Lifestyle Brand Expansion

Roots

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1,001-5,000 employees employees (Est.)
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Roots, the iconic Canadian lifestyle brand renowned for its premium leather goods, apparel, and accessories, has just secured an impressive $22.2 million in funding to further enhance its operations and expand its global footprint. Established in 1973, Roots has cultivated a unique identity that blends quality craftsmanship with a deep appreciation for the great outdoors, earning a loyal following with over 120 retail locations across Canada and the U.S., as well as more than 100 outlets in Asia. The funding will be directed toward strengthening the brand's digital presence and enhancing the customer experience in stores, aligning with Roots’ commitment to quality and integrity. By leveraging this investment, Roots aims to innovate its product offerings and reach new markets, ultimately celebrating the culture and lifestyle that defines the brand. The passionate team behind Roots is eager to embrace these new opportunities, stretching their boundaries and fostering a culture of continuous learning and growth. This funding marks an exciting chapter for Roots as it honors its heritage while confidently stepping toward a future filled with possibilities, ensuring that the brand remains synonymous with authenticity and craftsmanship. This infusion of capital underscores Roots' dedication to thriving in a competitive landscape and its ambition to deliver the exceptional quality that its customers have come to expect. The journey ahead is bright for Roots as it endeavors to inspire even more individuals around the world to embrace the lifestyle that the company epitomizes.
September 17, 2024

Buying Signals & Intent

Our AI suggests Roots may be interested in solutions related to:

  • Clothing
  • Footwear
  • Accessories
  • Home Goods
  • Leather Products

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