Spinrite, a leading knitting and crochet enthusiast hub, is powered by Yarnspirations.com, a creation of Spinrite LP, the largest craft yarn producer in North America. Established in 1952, Spinrite is dedicated to researching, developing, manufacturing, and marketing a wide range of consumer craft yarn and pattern books, catering to diverse market segments with products ranging from classic and cotton basics to novelty and fashion yarns. Yarnspirations.com features esteemed brands such as Patons, Bernat, Caron, and Lily Sugar 'n Cream, offering a comprehensive range of products to meet the knitting and crochet needs of enthusiasts for any mood, budget, or occasion. The platform not only offers pattern inspiration and learning resources but also fosters a supportive community, providing the convenience of accessing the extensive product line in the craft yarn industry all in one place. Having received a significant $28.40M Venture Round investment on November 16, 2007, from Norwest Mezzanine Partners, Spinrite continues to solidify its position in the Manufacturing industry, exemplifying its potential for continued growth and innovation within the niche market of knitting and crochet.
Funding Stage | Amount | No. Investors | Investors | Date |
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Venture Round | $28.40M | 1 | Norwest Mezzanine Partners | 16 Nov 2007 |
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