Naartjie Kids designs, manufactures and sells high-quality children’s clothing and accessories at competitive prices. Founded in 1989 in Cape Town, South Africa, it remains the leading children's clothing retailer in South Africa with 23 stores. The company has been expanding in the United States after focusing on California, Utah and Arizona and has moved into the Northwest, New England, New York, the Mid-Atlantic, Texas, Tennessee, Kentucky and the southeastern U.S. By the end of 2010 the company is expected to have a total of 43 stores throughout the U.S. Proceeds from the recent investment will be used to support continued expansion of Naartjie’s U.S. store base. The company’s current financial move is aimed at supporting its retail growth plans rather than reporting specific revenue or profitability metrics in the article.

Total raised

$8M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2010