Blue Scorpion Investments Leads Series-A Funding Round For Thursday Boot Company

11/8/17

Thursday Boot Company, the premium footwear brand and creator of The Internet's Best Boots, today announced that it has closed its Series A investment round led by Blue Scorpion Investments L.P., a New York City based venture capital firm whose Advisors and Venture Partners include economist Nouriel Roubini, entrepreneur Russell Simmons, Vice Chair of WeWork Michael Gross, celebrity chef & healthy lifestyle crusader Rocco Dispirito, and Academy nominated film producer Lawrence Bender amongst others. Notable investors for this round included actress Rosario Dawson, All-American Rejects lead singer Tyson Ritter, NBA All-Star Baron Davis, supermodel Linda Vojtova, and entertainer Lior Suchard. Thursday Boots have also been spotted on Katie Holmes, Nina Agdal, and Damaris Lewis. Terms of the transaction were not disclosed.

Founded in New York City in 2014 by co-founders and classmates Nolan Walsh and Connor Wilson, Thursday Boot Company has grown rapidly from a bootstrapped startup to one of the fastest growing consumer brands in the country. The Company specializes in men's and women's footwear that combines durability, sophistication and comfort into products versatile enough for everyday wear. Thursday's premium footwear offering features the highest quality materials and construction methods, resulting in classic products that age beautifully over time while still providing the practical protection needed for slushy streets and crowded bars. The company's vibrant social media presence and enthusiastic customer base have quickly established Thursday Boots Company as a leader amongst digitally native brands.

"Thursday started as a passion project three years ago because we couldn't find high-quality boots that were versatile enough for our busy lives. We've been thrilled to see our message resonate with so many people looking to upgrade their footwear" said Co-Founder and COO Connor Wilson. "With this funding, we'll continue to introduce compelling new products and to expand Team Thursday even further."

"Thursday Boot Company has a stellar team creating superior quality products at an exceptional value. We see tremendous growth ahead for consumer-facing companies that focus obsessively over their customers and it's clear that Thursday has connected with their fan base in a unique, authentic way," said Gautam Ahuja, General Partner of BSI. "We are excited to put together our network and creative expertise in helping them build a long-lasting lifestyle brand."

About Thursday Boot Company

Founded in 2014, Thursday Boot Company creates the The Internet's Best Boots. Currently, the company distributes footwear and fine leather accessories online at www.ThursdayBoots.com and additionally through its Manhattanshowroom.

About Blue Scorpion Investments

BSI invests primarily in consumer-facing businesses, specifically consumer electronics; disruptive technologies; shared economy; single and multi-platform applications; beauty, cosmetics and accessories; retail, fashion/lifestyle brands; and beverages and packaged foods. The firm's primary objective is to create significant shareholder value by bringing a combination of creative, marketing and financial resources into active partnerships with owners and management teams of early stage high-growth companies.

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