Dreamknit

Dreamknit

A platform to make it easier for those who knit to design projects from any type of yarn.

HQ location
Trondheim, Norway
Launch date
Employees
Enterprise value
$1—2m
Company register number
926132571
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DateInvestorsAmountRound
*

NOK2.4m

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2021202220232024
Revenues0000000000000000
% growth-128 %(29 %)21 %
EBITDA0000000000000000
Profit0000000000000000
% profit margin9 %(44 %)(262 %)(302 %)
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Company filings or news article

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More about Dreamknit
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Dreamknit (dreamknit.com) is an innovative startup that operates in the niche market of custom knitting patterns. The company provides a unique service that allows knitting enthusiasts to design their own sweaters and vests with just a few clicks. Dreamknit's primary clients are hobbyist knitters and DIY fashion enthusiasts who seek personalized knitting experiences.

The core offering of Dreamknit is its customizable knitting patterns. Users can select various design elements such as fit, neck style, and sleeve length to create a pattern tailored to their preferences. The platform then calculates the pattern, ensuring it matches the chosen yarn and provides a perfect fit. This customization is particularly beneficial for knitters who often struggle to find patterns that match their specific yarn and size requirements.

Dreamknit operates in the online retail and craft market, leveraging e-commerce to reach a global audience. The business model is primarily based on direct-to-consumer sales of digital knitting patterns. Customers purchase these patterns through the Dreamknit website, providing a steady stream of revenue. Additionally, the company may generate income through subscriptions to its newsletter, which offers exclusive patterns and knitting tips.

The company's value proposition lies in its high-quality, thoroughly tested patterns, which are designed to enhance the knitting experience. By focusing on customization and user-friendly design tools, Dreamknit addresses a common pain point in the knitting community—finding patterns that fit well and match the available yarn.

In summary, Dreamknit is a customer-centric startup that offers personalized knitting patterns to hobbyists and DIY fashion enthusiasts. It operates in the online retail and craft market, making money through the sale of digital patterns and potentially through newsletter subscriptions.

Keywords: Custom Knitting Patterns, DIY Fashion, Hobbyist Knitters, Personalized Design, E-commerce, Digital Patterns, User-Friendly, High-Quality Patterns, Online Retail, Craft Market.

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