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Founded Year

2010

Stage

Corporate Majority | Acquired

Total Raised

$106M

Valuation

$0000 

Revenue

$0000 

About Craftsy

Craftsy (aka Sympoz) operates as an e-learning site for makers. It is a platform for people who gain knowledge and master of arts and crafts mastery via online video courses. It offers online classes on quilt, sew, knit, baking, cooking, an more. It was originally founded as Sympoz and Craftsy in 2011. It was acquired by NBC Universal.

Headquarters Location

2955 Xenium Lane N Suite 10

Minneapolis, Minnesota, 55441,

United States

855-706-3535

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Latest Craftsy News

Egyptian Cotton Threads For Punch Needle & Cross Stitch, Colorfast Line Launched

Aug 10, 2023

Share North American thread makers Valdani have a new collection of Egyptian cotton threads that have been designed specifically for punch needle and cross stitch. Edmonton, Canada - August 9, 2023 /PressCable/ — Valdani understands that when it comes to both cross stitch and punch needle, the quality, texture and colors of the threads are extremely important to the overall finish and style of the project. As such, they have released a new line of hand-dyed and colorfast Egyptian cotton floss that has been made specifically for these popular crafts. More information is available at https://www.valdani.com/product/embroidery-and-punchneedle-floss Valdani is proud to be making their new hand-dyed threads for North America’s growing punch needle community. Valdani is known as the original creator of thread for punch needling in the region and, as the craft grows in popularity, they are likewise working to improve their thread quality and expand their range. While punch needle has historically been in the shadow of its more popular sister craft, cross stitch, today, as Craftsy magazine explained, punch needling is becoming more well known. Increasingly popular for artworks, accessories like tote bags and home décor pieces like pillows, Craftsy states that punch needling creates particularly rich textures and interesting shapes. Valdani agrees, and as punch needling becomes more popular both within the crafting community and beyond, they want to keep innovating. As such, they have developed a new system of naturally hand-dying their threads to create original and vivid colors that will retain their depth and vibrancy for years. Given the naturally textured and dimensional finish of punch needle projects, Valdani has also created a new line of variegated shades, which they believe will add further visual interest. As all of their Egyptian cotton threads have been hand-dyed, they exhibit unique and layered transition points and shades between the threads’ main colors. The thread makers' punch needle and cross stitch threads are 100% long-staple and they are available in two sizes, 3-strand floss and 6-ply floss. Valdani has its North American head office in Edmonton, and they ship their threads across Canada and the United States. A spokesperson for the thread makers said, “We are proud to be creating and developing products, especially for the punch needle market. We are the original creator of North America’s only threads specifically for punch needle. Thanks to us, you don’t need to separate your skein anymore, meaning no pre-cutting and no thread waste. Just thread your needle onto your ball and start punching. No trouble, just fun!” More details can be found at https://www.valdani.com/product/embroidery-and-punchneedle-floss Contact Info:

Craftsy Frequently Asked Questions (FAQ)

  • When was Craftsy founded?

    Craftsy was founded in 2010.

  • Where is Craftsy's headquarters?

    Craftsy's headquarters is located at 2955 Xenium Lane N , Minneapolis.

  • What is Craftsy's latest funding round?

    Craftsy's latest funding round is Corporate Majority.

  • How much did Craftsy raise?

    Craftsy raised a total of $106M.

  • Who are the investors of Craftsy?

    Investors of Craftsy include NBC Universal, Foundry, Tiger Global Management, Adams Street Partners, Silicon Valley Bank and 5 more.

  • Who are Craftsy's competitors?

    Competitors of Craftsy include Udemy and 3 more.

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