That’s right - we’ve got two new companies joining the #OneOf11 family in November and we are pretty stoked about them.
As a matter of fact, they are very different from one another - a sustainable fashion marketplace and a data security company. As always the two commonalities they have is the exceptional founding team and the potential for growth.
You are probably curious already, so let’s get into more details about the two startups
Kool and Konsicous
Kool and Konscious is a 360 marketplace for sustainable fashion. The women-led team behind KK empowers consumers and brands to make sustainability an easy and preferred choice, by closing the loop between designers, manufacturers and consumers.
“The sustainable fashion market is booming at extremely high rates,” Eva Vucheva, Co-founder of Kool and Konscious remarks. “Our target customers are aware of the need for solutions related to the protection of the Planet, environmental care and the resources at our disposal. At the same time, the fashion industry is the second most polluting industry on the planet. This also necessitates the emergence of solutions such as KK that facilitate consumer access to fashion products that are produced in an environmentally friendly and ethical manner.”
And continues about our investment in KK: “Eleven's investment comes at the right time for us and will allow us to enter our first two key markets with the right speed and scale. It is important for us to mention that in conversations with potential investors, we seek not only sources of funding, but also like-minded people who share our vision and values. We are sure that our partnership with Eleven has come on the right footing.”
On the investment our Partner, Ivo Simov comments: “Kool & Konscious are at the forefront of several new trends with their focus on sustainable fashion, by shortening the gap between environmentally (k)onscious millennials and the growing number of (still) obscure direct-to-consumer brands that share similar values. The women-led team brings tons of experience from e-commerce and fashion-tech together with a passion for making a positive impact, which makes it one of the best product-team fits we've seen in a while. They've been off to a flying start even prior to our investment and we are excited to help them to realize their ambitious plans.”
To learn more about Kool and Konscious visit their website - https://koolandkonscious.com/
LogSentinel
LogSentinel is a blockchain-inspired secure audit trail service providing log aggregation and GDPR-related solutions. LogSentinel can help fine-tune the data security processes, achieve legal compliance, and be able to store all activity-related evidence in one place. The blockchain-based technology will ensure that no one will be able to intentionally modify or delete event logs.
Anton Gerunov, COO and Co-founder of LogSentinel shares his perspective on the investment: “The investment by Eleven will take us to the next level – it will enable us to expand the team and push even more efforts towards staying ahead of the market with our truly innovative products and features. Apart from strengthening our product offering, it will help us speak loud and clear about our mission to bring top-notch security and privacy to the most sophisticated customers globally.”
Bozhidar Bozhanov, CEO and Founder elaborates even further: "We aim to grow fast and this investment comes at the precise moment when we are seeing increasing interest in our technology. We have the tough job of bringing privacy and security beyond mere compliance, but such challenges are what makes a difference, and we are confident that our investors believe in our vision."
Our Partner, Daniel Tomov, comments on the investment: "Cybersecurity is a very competitive and challenging industry playing a key role in today’s technologically advancing world - corporations, banks, SME’s and even individuals have to think about enhancing data security and preventing unlawful use of information. The team of LogSentinel proved with their work throughout the last couple of years that they are highly capable professionals who deliver world-class services to their clients. It is a pleasure for us to have them as part of Eleven and support them in their growth."
To learn more about LogSentinel visit their website - https://logsentinel.com/
