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Nisolo

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Nisolo's goal is to empower talented artisans in the developing world, allowing them to shape their future

Nashville, United StatesFounded 2011Fashion
Valuation $25–50M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Nisolo and the history behind them.

About Nisolo

Nisolo is a direct-to-consumer lifestyle brand operating in the ethical and sustainable fashion market, with a focus on footwear and accessories. The company was established in 2011 by co-founders Patrick Woodyard and Zoe Cleary. The founding idea emerged from Woodyard's background in global economics and microfinance, which led him to Trujillo, Peru. There, he observed a community of skilled shoemakers who lacked access to global markets to sell their handcrafted products. This insight, combined with a desire to create a business model that prioritizes the well-being of its producers, formed the foundation of Nisolo, a name which translates to "not alone."

Patrick Woodyard's journey began with a degree in International Studies and experience in microfinance, which exposed him to the economic challenges faced by artisans in developing countries. Zoe Cleary brought her expertise from the mainstream fashion industry, having worked for major labels and possessing a deep understanding of design and production. Dissatisfied with the industry's lack of transparency and ethical consideration for workers, she joined Woodyard to build a brand centered on responsible manufacturing. Their combined vision was to offer high-quality, timeless designs while ensuring ethical treatment for producers and environmental responsibility.

Nisolo's business model is built on vertical integration and direct sales to consumers, which eliminates middlemen and allows for fair pricing. The company sells a range of products for men and women, including leather shoes, boots, sandals, belts, bags, and accessories, available through its website and retail stores. A key component of its operations is its factory in Trujillo, Peru, which allows for direct oversight of production conditions. All producers in their supply chain receive beyond fair trade wages, healthcare, paid time off, and access to financial literacy programs. Nisolo has expanded its ethical production by partnering with vetted factories in Mexico and Kenya.

The company is a Certified B Corporation and Climate Neutral Certified, underscoring its commitment to high standards of social and environmental performance. Nisolo utilizes responsibly sourced materials, such as leather that is a byproduct of the meat industry and sourced from Leather Working Group (LWG) Certified tanneries. To further its commitment to transparency, Nisolo introduced the "Sustainability Facts Label" on its products, which details the social and environmental impact across its supply chain, covering aspects from wages to carbon footprint. The company also runs a shoe reclamation program in partnership with Soles4Souls, allowing customers to send in used shoes to be distributed to micro-entrepreneurs in developing countries.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2011
Headquarters
Nashville, United States
Employees
38
Open positions
None listed
Dealroom signal
66.1/100
Industry
Fashion
Sector
Fashion, Lifestyle, Shoes, Direct-to-Consumer, B Corp
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC May 2024 $4M $45M LaunchTN · InvestTN ↗
LATE VC✓Equity / VC Jan 2020 $9.1M $37M Undisclosed —
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Growth signals

Nisolo website traffic

Latest recorded traffic for Nisolo is 140K monthly website visits, down 26.3% over the last three months. Nisolo's team grew 2.7% over the past year.

Latest monthly visits140K 3-month web change-26.3% 1-year team growth+2.7%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later3 investors entered at this stage

  • Julie McDermott
  • LaunchTN
  • InvestTN

Other known investors1 additional known investor

  • Venture for America
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States85.7%
🇲🇽 Mexico7.1%
🇵🇪 Peru7.1%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Nisolo on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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