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Winston-Salem-based custom suit company has sold $300,000 in debt, according to a Securities and Exchange Commission filing.
SnapSuits LLC filed a Form D on Sept. 30. It did not state what it intends to do with the money.
SnapSuits is disrupting the suit industry by providing “high-quality customizable suits in 14 days, completely tailored to the look and feel you desire, for only $250,” according to itswebsite.
Chief financial officer Ryan Leahy co-founded the company with his brother and chief technology officer Drew Leahy in 2014 to change how men shop for formal wear forever.
Ryan previously worked in product, sales and marketing at LetsPour and Boston Beer Co. He received his undergraduate degree from DePaul University and received his master’s from Seattle University.
Drew has over 10 years of experience in the technology industry; he founded Mybandstock.com in 2007 and has worked with Grooveshark, Mobile Roadie and Fullscreen. He received his undergraduate degree from University of Michigan.