COAT Trading Ltd

COAT Trading Ltd specializes in producing high-quality, eco-friendly paints for both interior and exterior applications, focusing on sustainability and innovative solutions tailored for homeowners and design professionals. Founded in 2020 and headquartered in London, UK, COAT Trading Ltd manufactures bespoke paint products. The company was established by Rob A and Rob Green, who aimed to fill a market gap for sustainable painting solutions. COAT has successfully completed 2 deals, with the most recent funding round occurring on April 24, 2022, where they raised GBP 3.

0 million in SEED funding from Pembroke VCT, Channel 4 Ventures, and Seedrs, bringing their total amount raised to GBP 3. 0 million. COAT Paints specializes in high-grade interior and exterior paints, distinguished by their commitment to sustainability and innovative formulations. They offer an extensive range of products, including breathable clay paints, durable flat matt finishes, and weatherproof exterior options, designed to meet diverse needs.

Their paints are customized to order, reducing waste, and ensuring a tailored approach to color selection, particularly suitable for residential settings like heritage properties and kitchens. COAT Paints generates revenue primarily through direct sales of its bespoke paint products and associated supplies. Transactions typically occur via a direct-to-consumer model, where clients can purchase paints and sample packs directly from their website. The pricing structure caters to various customer segments, allowing for individual products and curated sample packs.

COAT’s flagship offerings include breathable clay paints and designer-curated color collections, which align with consumer preferences for eco-friendly home improvement solutions. In April 2022, COAT Trading Ltd raised GBP 3. 0 million in SEED funding to facilitate business expansion. The company plans to introduce new products focused on environmentally friendly innovations, targeting a launch timeline within the next 12 months.

Additionally, COAT aims to expand its market presence beyond the UK, exploring opportunities in European and North American markets by the end of 2023. The recent funding will support these initiatives, allowing COAT to enhance product development and increase marketing efforts.