London e-jeweller boosts global growth by securing £3.6m in funding round

A London-based e-jeweller has completed a ‘landmark’ £3.6m funding round led by Active Partners.

London-based e-jeweller Taylor & Hart has completed the round, which saw participation from existing investors Launchub Ventures and new investor Paddy Byng.

The £3.6m investment will enable the firm to enhance its existing proposition and build on its existing growth.

Since its previous funding round, the online jewellery business has more than doubled its monthly revenue and grown to a team of 34 across four countries, delivering to customers in over 20 countries.

Taylor & Hart founder & CEO Nikolay Piriankov commented: “With Active Partners on board we now believe we have the external capital and expertise to complement our amazing team to succeed in growing the business and owning the ‘bespoke’ space in fine jewellery.”

Jason Mahendran from Active Partners added: “Taylor & Hart is a true challenger in a traditional category, with a unique and genuine focus on customer service and product quality which has impressed us.

“We look forward to working with Nikolay and the team on the evolution of the brand and its continued growth.”