Connect with us


Printify to expand its marketplace from custom printing with $3 million investment



Printify to expand its marketplace from custom printing with $3 million investment

Printify which is basically an 80 person startup has started to reimage the whole on-demand printing business on its own. Those days are far behind us when all the small merchants used to sell all their customized products in different websites like Cafe Press, Society6, Zazzle and Teespring. With the help of the startup, Printify all the businessmen can create their accessories and designs and then directly sell them on different websites which are popular.

The company Printify was founded by James Berdigans. The founder said to TechCrunch:

 “The problem is that these merchants don’t have the capability to build their own brand. At the end of the day, you end up building the Teespring brand, not your own brand.”

Printify has been successfully able to get an investment of $3 million from Bling Capital, which is basically a venture capital fund. The venture capital fund was launched by Ben Ling just five months back. Ben Ling was the former general partner at Khosla Ventures.

“Printify is perfectly positioned to enable the new trend of micro and boutique brands. Consumers and SMBs alike can benefit from Printify’s high quality, low quality and fast printing platform and create their own micro brand.”

This startup was founded in the year 2015 and previously it had raised a $1 million in funding. Initially, the company ended up being very vague with the website pretending to be the manufacturer. According to the founder Berdigans:

 “That was a terrible idea. Even though you aren’t lying, you end up not being a very honest company and that’s not the business model we want.”

Printify now is very open and transparent about their business and works on the B2B marketplace with different e-commerce websites. All the tasks such as the fulfillment of orders are also done by the company. The company manufactures, ships and stores, all the products on its own.

The company is now growing in a very fast manner. It can grow about 30 percent every month. This kind of company comes in handy for all the different political parties because, with the help of them, a mini brand can be created. The printing scheme of the company is also fixed, leaving all problems behind for them.

James said:

“If you use Zazzle, for example, you only get a small portion of revenue share but on Printify you pay us a small fee. If you were selling t-shirts for $25 and the average production cost is $10 our seller will see a 50 to 60 percent margin.”

A lot of people showed interest in this company and wanted to invest their money here. One of the most important investors for this company was the co-founder of YouTube Steve Chen along with the co-founder of Twitch Kevin Lin and Google AdSense pioneer Gokul Rajaram. Printify media is going to change the game of print on demand industry over the coming years.

Samuel is Senior Editor at GadgetFreeks. Samuel has worked as a News reporter at various big media house previously, covering news related to YouTube, creators/influencers, video games. actual muppet. He always loves to discuss things related to new technology.

Latest News

instagram instagram
apps6 days ago

Instagram now requires new users to give their birthdate

Until now, users on Instagram were not required to provide their birthdate to sign up for the service, unless they...

apple apple
apps7 days ago

Apple reveals its best apps and games of 2019

Apple has finally announced the roundup of its best apps and games for 2019. This year, the winners were announced...

snapdragon 865 snapdragon 865
gadgets1 week ago

Qualcomm announces new Snapdragon 865 flagship processor

Qualcomm has officially unveiled its next-generation flagship processor for smartphones, the Snapdragon 865. The upcoming flagship chipset will make its...

playstation playstation
gadgets1 week ago

PlayStation bags Guinness World Record for best selling console ever

Today marks the 25th anniversary of the PlayStation console, as Sony released the original PS on this day 25 years...

gadgets1 week ago

Chromebook deals on Cyber Monday 2019 are here

Hey you, yes you, have you been wanting to buy a Chromebook for a long time but never really tried...

gadgets1 week ago

Amazon’s Cyber Monday Deals 2019 on Washing Machines

Got bored with your old washing machine that is turning your branded clothes into the garbage? Tired of washing clothes...

Uncategorized1 week ago

Amazon Cyber Monday 2019 LED TVs offers: Here are the basic new deals

The Holiday of Thanksgiving is one of the most awaited holidays in the United States but with the Cyber Monday...

gadgets1 week ago

Cyber Monday 2019’s VR headset deals for Oculus, Vive, and PlayStation VR

Cyber Monday on one of the most exciting times of the year has arrived. All the shoppers and gadget freaks...

gadgets1 week ago

Cyber Monday 2019: Best Deals on Apple Products Including iPhone, HomePod, AirPods, and More

Cyber Monday 2019 at the time of Thanksgiving is here, and every individual is looking forward to this time as...

gadgets1 week ago

Cyber Monday 2019 brings joy to smartwatches buyer with huge discounts

Smartwatches are simplified applications that make our daily tasks more interesting and easy. They play a significant role in everyday...