EWedded Secures $125K Investment: Driving Customer Growth

EWedded, a sustainable online marketplace for bridal retailers and brands, has successfully closed a $125k investment deal with Conscious Venture Partners. The EWedded investment will help the company accelerate its market penetration and scale up marketing and product development, driving growth and customer demand. Earlier this year, EWedded participated in the Conscious Venture Lab accelerator program, after which it was selected for investment. The funds will be utilized to advance technologies for a more personalized user experience and to expand marketing reach. EWedded is committed to creating a sustainable supply chain, improving operational efficiencies for independent retailers and brands, and reducing textile waste.

Introduction

Funding will enable EWedded to accelerate market penetration and scale up it’s marketing initiative and product development to drive customer growth.

Announcement of Investment

Chesapeake, VA September 7, 2022 – EWedded, an online marketplace for independent bridal retailers and brands to responsibly and sustainably liquidate excess and stagnant inventory, today announced the close of a $125 thousand investment from Conscious Venture Partners.

Background

Earlier in the year, EWedded took part in the Conscious Venture Lab cohort 8 accelerator program to accelerate conscious entrepreneurs to traction and revenue. Upon completion, EWedded was selected for investment from the venture group affiliated with the accelerator.

Plans for Funding

The financing will allow EWedded to advance conversion-centric technologies that deliver a more personalized and friendly user experience and expand its marketing channels and reach to build customer demand and revenues.

Quote from EWedded CEO

“As an early stage startup driven by a purpose to make a positive impact in the world, it’s validating to have been recognized and selected for participation in the Conscious Venture Lab accelerator, which is steeped in practicing capitalism and building companies with a greater societal purpose to drive profits,” said Maya Holihan, co-founder, and CEO of EWedded. She adds, “We’re thrilled to be chosen for investment from partners with a shared value system, and who believe in the company we’re building.”

Mission of EWedded

At EWedded, we believe that creating a more conscious and sustainable supply chain will improve the operational efficiencies and staying power of independent retailers and brands, create accessibility to previously unattainable goods for marrying couples and impart environmental harmony. We exist to harness, transform and upcycle textile waste so that our main street businesses continue to thrive and enhance the health, equitability, and prosperity of our world and its people.

Quote from Conscious Venture Partners

“We believe EWedded has a unique and scalable approach to addressing waste and inefficiencies in the retail wedding industry, and the acumen and leadership they possess to bring positive environmental and social change to the market is what makes them an ideal portfolio company for us,” said Jeff Cherry, Managing Partner, Conscious Venture Partners. “Additionally, backing EWedded fulfills our commitment to support minority and female-founded companies.”

About EWedded

EWedded is an e-commerce marketplace with distribution and circular economy functions designed for retailers and brands in the wedding and social occasion industry to responsibly and sustainably liquidate their discontinued and excess inventory on a global scale, and by doing so, EWedded makes luxury goods accessible and affordable for today’s marrying couples.

About Conscious Venture Partners

Conscious Venture Partners seeks out minority and women founders to invest in entrepreneurs that others are ignoring for all the wrong reasons. They support companies that are using technology to break down barriers to access and create a more equitable society, including in the healthcare, food, technology, media, mobility, and education industries.

Question & Answer

What is the recent investment deal that EWedded closed?

EWedded successfully closed a $125k investment deal with Conscious Venture Partners to accelerate market penetration and scale up marketing and product development.

How did EWedded secure the investment from Conscious Venture Partners?

EWedded participated in the Conscious Venture Lab accelerator program earlier in the year, after which it was selected for investment from the venture group affiliated with the accelerator.

What are the plans for utilizing the funds from the investment?

The funds will be used to advance technologies for a more personalized user experience and to expand marketing reach to drive growth and customer demand.

What is the mission of EWedded?

EWedded is committed to creating a sustainable supply chain, improving operational efficiencies for independent retailers and brands, and reducing textile waste to enhance the health, equitability, and prosperity of our world and its people.