Minted Raises $38M in Funding Round
Summary
Minted, a San Francisco, CA-based curated marketplace that connects consumers with designers, raised $38m in funding round.Led by founder and CEO Mariam Naficy, Minted is a design marketplace that connects people to independent artists to create original art, stationery, and textiles products.Submitted designs are improved upon by the community of artists, and winners are selected through crowdsourcing and analytics.The company is also activating a new storefront model to give artists and designers the opportunity to run their own businesses through its manufacturing and customer service platform.In addition to the funding, Toby Lenk, an e-commerce veteran with over 18 years of experience building successful companies, including founding eToys and Gamefly, and who served as President of Gap, Inc.