Oliver Cabell announced the close of $1.2 million in financing from an undisclosed investor.
Oliver Cabell is an accessories brand that offers Italian-made, affordable unisex bags sold directly to consumers online, while bringing transparency back to the manufacturing and the pricing processes. The company employs a hands-on approach with its factory manufacturers to ensure their integrity.
According to Chief Executive Officer Scott Gabrielson, Oliver Cabell plans to release a new shoe each week. Despite its being a small company with roughly $1 million in financing, Gabrielson believes that with new manufacturing capabilities “the model can definitely work.”