Noissue, a packaging platform targeting ecommerce brands and retailers, has secured $10 million in Series A financing. Felix Capital led the round.
Noissue, a global packaging platform targeting ecommerce brands and retailers, today is announcing the close of a $10 million Series A financing round led by leading VC, Felix Capital. The platform offers customizable, sustainable packaging solutions to brands and businesses of all sizes, via a global network of suppliers. The round follows an impressive period of rapid growth for the young startup, which has established itself as a global leader in the packaging sector for its creativity, breadth of customization options, low order minimums, made-to-order model and commitment to sustainability.
Founded by Josh Bowden and Augie Gruar in 2017, noissue leverages a global supply chain to serve over 80,000 customers and grew over 200% across North America during COVID. The noissue platform is dedicated to creating a global community of suppliers, partners, and makers, by building products and programs designed to help businesses of all sizes creatively connect with conscious consumers. This funding round is set to help noissue continue its trajectory of exponential international growth and realize its mission of empowering millions of creators and brands around the world by offering access to affordable, creative and sustainable packaging solutions. Over the next 12 months, noissue will utilize the funds to launch a suite of new products in-line with customer demand, and establish itself as a one-stop-shop for sustainable packaging.
“Our mission at noissue is to build a platform and supportive community that accounts for the needs of businesses, brands and makers of all sizes,” says Josh Bowden, Co-Founder and CEO of noissue. “It has been an amazing opportunity to build something intentional, and impactful on a global scale that gives brands access to custom, sustainable packaging, at all stages of their business – making it easy to develop lasting and meaningful relationships with a global community of consumers who all have a shared commitment to sustainability. We’re excited to have the support of Felix Capital to continue to propel our rapid global expansion, grow our global team, further expand our product offering and improve our platform to continue to proactively support the development and growth of brands and creators around the world.”
Brands and consumers alike have called for change when it comes to packaging materials, with a move to reusable, circular packaging models. noissue stands out in the widely covered packaging sector for its low-order minimums, which make previously out-of-reach branded, sustainable packaging accessible and affordable for all businesses, not just major global players. 100% of noissue’s packaging is reusable, recycled, or compostable, allowing companies of all sizes to reduce their environmental impact through their choice of packaging. The growth of noissue’s target segment has been accelerated by the booming post-pandemic creator economy.
“Over the past year, we’ve seen an acceleration of the growth of the creator economy and ecommerce, as well as a shift in consumer preferences towards a more sustainable and mindful lifestyle,” says Frederic Court, Co-Founder at Felix Capital. “noissue sits at the intersection of these trends, and we’re excited to be their partner to fully realize noissue’s potential to build a category-defining business in a large and growing market, leveraging their platform business model. We are impressed by Josh and Augie’s ability to execute on the mission, as well as to build an engaged global community of customers, team members and suppliers.”
With their easy-to-use online design platform, and customer experience model, noissue is on track to take a healthy share of the multi-billion packaging market, and redefine the packaging industry to level the playing field and set a new standard for sustainability, creativity, and inclusivity that is attainable for all. The global hybrid-remote team, based in 7 different countries, is the trusted packaging provider of creators and brands, including Mon Coeur, Oak + Fort, Kuyichi, Coalatree, Aesop, McCormick & Company and Davines.