STUDSON Finalizes $2.48M Funding Round Led By HIA BV
Strategic Collaboration with Blaklader to Position STUDSON for Distribution in European Markets
STUDSON, a safety helmet developer that recently launched the first-of-its-kind Full Brim ANSI Type II Safety Helmet, announced the completion of a $2.48 million USD funding round and a strategic collaboration with Blaklader, one of Europe’s largest producers of workwear.
The funding round, led by a $1.4 million investment from HIA BV, the parent company of Blaklader, with additional capital provided by existing seed-round investors, will help STUDSON expand its business and capitalize on its triple-digit revenue growth year-over-year. Blaklader brings to STUDSON decades of retailing and industrial market distribution, especially within Scandinavia and Europe, to help the above-the-neck safety equipment provider expand operations internationally. The funds will also enable STUDSON to secure the inventory required to meet its North American sales commitments in 2024.
Since its founding in 2019, STUDSON has launched multiple Type II safety helmet offerings and accessories within the USA and Canada, securing contracts with several of the top 20 largest general contractors in the U.S. To maintain its growth, last year STUDSON quadrupled its warehouse space, in addition to launching a full-brim version of its SHK-1 safety helmet designed primarily for workers in commercial construction, clean energy, civil construction, oil, gas, and utility industries.
Now STUDSON is planning to expand operations overseas, making Blaklader a natural strategic partner. Blaklader maintains dozens of physical storefronts across Scandinavia and Western Europe to help merchandise STUDSON products, in addition to leveraging its large sales team spread across the continent. The company also offers a wealth of experience in the manufacturing of hi-visibility and fire-retardant textiles that complement STUDSON’s focus on above-the-neck industrial and commercial safety apparel.
Blaklader is an 80-year-old Swedish business that remains family owned and operated. With multiple factories and warehouses around the globe, Blaklader controls its entire supply chain, making the company a smart business partner for STUDSON. From manufacturing, logistics, and inventory and SKU management, Blaklader will serve as a knowledgeable resource for STUDSON to ensure the company is well-positioned for its expansion endeavors.
For more information, visit https://studson.com.