Friska Limited

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Friska Limited - overview

Established

2009

Location

Bristol, -, UK

Primary Industry

Travel & Leisure

About

Friska Limited is a Bristol-based company specializing in custom print-on-demand apparel and accessories aimed at a diverse customer base, known for its unique and expressive themed clothing. Founded in 2009 in Bristol, UK, Friska Limited designs and produces custom apparel tailored to individual preferences. The founders, Aditya Gupta and John Peine, brought their expertise in fashion and entrepreneurship to launch the company. In July 2017, YFM Equity Partners invested GBP 3 million in Friska during the GROWTH funding round, marking a key investment in the company's journey.


To date, Friska has raised a total of GBP 3 million across its funding efforts. Friska specializes in the design and production of custom print-on-demand apparel and accessories, focusing on unique, expressive clothing that resonates with a diverse customer base. Their core product offerings include a wide range of themed t-shirts, sweatshirts, and hoodies, characterized by creative graphics and sayings that appeal to various interests and demographic segments. The company serves customers looking for personalized clothing items, including designs that reflect social justice themes, pet ownership, and pop culture references.


Friska's products cater primarily to the U. S. market, with a notable emphasis on urban areas where consumers seek distinctive fashion statements that communicate individuality and advocacy. Friska generates revenue through direct-to-consumer sales of its apparel, utilizing a print-on-demand model that allows customers to customize designs or select from existing ones.


Transactions occur primarily through their online platform, where customers place orders and make payments at the time of purchase. The pricing structure includes individual items typically ranging from USD 22. 95 to USD 29. 95, depending on the complexity of the design and the type of garment.


Revenue is driven by the sale of both flagship products, such as themed t-shirts and hoodies, and seasonal collections that may include limited-time offerings. By leveraging this model, Friska maintains a responsive inventory system, reducing excess stock while meeting diverse consumer preferences. With the recent investment of GBP 3 million from YFM Equity Partners in July 2017, Friska Limited aims to enhance its product offerings and expand into new markets. The company is working on launching new themed collections that will appeal to emerging trends and consumer preferences.


Additionally, Friska plans to explore opportunities in international markets, particularly targeting regions in Europe and Asia by 2025. The funding will be utilized to support product development and marketing efforts to ensure successful entry into these new geographic areas.


Current Investors

YFM Equity Partners

Primary Industry

Travel & Leisure

Sub Industries

Restaurants & Nightlife

Website

www.friskafood.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Friska Limited - financials

Fiscal Year EndedSep 30, 2017Sep 30, 2018Sep 30, 2019
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Friska Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedFriska Limited-

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Friska Limited - employee data

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