Lovecrafts provides a meeting place for craft lovers across Europe and the US through its loveknitting.com and lovecrochet.com websites. Users swap ideas and buy products and patterns, before sharing photos of the results. It was founded in 2012 by Cherry Freeman, 41, Nigel Whiteoak, 43, and Edward Griffith, 42, and has raised £18m in venture capital. Sales were £10.9m this year, and it expects to raise more funding in 2017 to help increase its share of the global crafts market, estimated to be worth $100bn

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2016
Rank3
CompanyLoveCrafts
ActivityCrafts communities platform
LocationCentral London
Average 3 year sales growth214.97%
Latest sales £000s*10,886
Staff80
Founded2012
Websitewww.lovecrafts.com

If applicable:

* supplied by company † annualised figure