When was Le Souk founded?

Le Souk was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is Le Souk located?

Le Souk is headquartered in New York City, United States.

How many employees does Le Souk have?

As of Jul 01, 2024, the latest employee count at Le Souk is 3.

Is Le Souk a funded company?

Le Souk is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Oct 02, 2015.

When was the latest funding round of Le Souk?

Le Souk's latest funding was a $***** Seed round on Oct 02, 2015, with participation from 1 investor. Its primary sector is B2B E-Commerce. In United States, the B2B E-Commerce sector has seen $25.9M in funding in 2026 to date.

Where does Le Souk rank among its competitors?

Le Souk ranks 2nd amongst 39 active competitors, only 1 of which is funded., of which only Kitterly is funded and secured an undisclosed amount in Apr, 2019.

Who are the top competitors of Le Souk?

Le Souk's top competitors include RapNet, Sundar and Shabby Fabrics. Among them, Kitterly secured the most recent funding round in April, 2019.

Le Souk - 2026 Company Profile, Team, Funding & Competitors

Company Details

Le Souk (Previously Source4style.com) is an online marketplace that connects the world's finest mills & tanneries directly to the design industry's leading creatives.They also allow buyers to procure through a custom quote.

Website: www.lesouk.co
Social

Key Metrics

Founded Year

2015

Location

New York City, United States

Stage

Deadpooled

Total Funding

$815K in 1 round

Latest Funding Round

Seed, Oct 02, 2015, $*****

Investors

Great Oaks Venture Capital & 3 more

Ranked

2^nd among 39 active competitors

Employee Count

3 as on Jul 01, 2024

Similar Companies

The Yarn Bazaar & 44 more

View Le Souk's full profile

Le Souk has raised a total funding of $815K over 1 round. Its latest funding round was a Seed round on Oct 02, 2015 for $*****. 1 investor participated in its latest round. Le Souk has 4 institutional investors.

Here is the list of recent funding rounds of Le Souk:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 02, 2015	7470092	Seed	9655405	5288724	6946893	5721220

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View details of Le Souk's funding rounds and investors

The founders of Le Souk are Martin Smith and Benita Singh.

Here are the details of Le Souk's key team members:

Martin Smith: Co-Founder & COO of Le Souk. They are also an angel investor in 2 startups and serve on the board of 1 company.
Benita Singh: Co-Founder & CEO of Le Souk and founder of 1 other company.

View details of Le Souk's Founder profiles and Board Members

Le Souk's employee count trend

Le Souk has 3 employees as of Jul 24. Here is Le Souk's employee count trend over the years:

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Top competitors of Le Souk include RapNet, Sundar and Shabby Fabrics. Here is the list of Top 10 competitors of Le Souk, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	RapNet 1978, Las Vegas (United States), Unfunded	Premier online marketplace connecting diamond, gem, and jewelry buyers and sellers	-	-	43/100
2nd	Le Souk 2015, New York City (United States), Deadpooled	Marketplace for material sourcing for fashion industry	$815K	Golden Seeds, Great Oaks Venture Capital & 2 others	31/100
3rd	Sundar 2014, Boston (United States), Deadpooled	Online B2B marketplace offering for fashion raw materials	$1.6M	New Enterprise Associates, Project 11 Ventures ... & 9 others	30/100
4th	Shabby Fabrics 2005, Coeur d Alene (United States), Unfunded	Online quilt shop offering fabrics, kits, patterns, and quilting supplies	-	-	29/100
5th	Kitterly 2014, Los Angeles (United States), Seed	Curated knitting and crochet project kits	$125K	Quake Capital, JHV & 3 others	28/100
6th	Knit Picks 2002, Vancouver (United States), Unfunded	Online private label brand for knitting supplies and accessories	-	-	27/100
7th	Metals.com 2008, Beverly Hills (United States), Unfunded	E-distributor of precious metals	-	-	27/100
8th	Ultimate Textile 1999, Paterson (United States), Unfunded	Manufacturer and E-distributor of textiles	-	-	26/100
9th	Spandex by Yard 2012, Commerce (United States), Unfunded	Online e-distributor offering fabrics	-	-	25/100
10th	Fabric Wholesale Direct 2014, Farmingdale (United States), Unfunded	Wholesale fabric supplier offering diverse materials, trims, and accessories online	-	-	24/100