Spinrite logo — Your ultimate destination for all knitting and crochet needs...

Spinrite

Your ultimate destination for all knitting and crochet needs, offering top brands and a vast array of patterns, resources, and community support.

Founded 1952 Venture round Total: $28.40M Manufacturing

General Information

Company Name Spinrite
Founded Year 1952
Industries Manufacturing
Funding Stage Venture round
Social

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About Spinrite

Spinrite, a leading knitting and crochet enthusiast hub, is powered by Yarnspirations.com, a creation of Spinrite LP, the largest craft yarn producer in North America. Established in 1952, Spinrite is dedicated to researching, developing, manufacturing, and marketing a wide range of consumer craft yarn and pattern books, catering to diverse market segments with products ranging from classic and cotton basics to novelty and fashion yarns. Yarnspirations.com features esteemed brands such as Patons, Bernat, Caron, and Lily Sugar 'n Cream, offering a comprehensive range of products to meet the knitting and crochet needs of enthusiasts for any mood, budget, or occasion. The platform not only offers pattern inspiration and learning resources but also fosters a supportive community, providing the convenience of accessing the extensive product line in the craft yarn industry all in one place. Having received a significant $28.40M Venture Round investment on November 16, 2007, from Norwest Mezzanine Partners, Spinrite continues to solidify its position in the Manufacturing industry, exemplifying its potential for continued growth and innovation within the niche market of knitting and crochet.

Taxonomy: craft yarn, knitting, crochet, pattern books, community support, yarn brands, yarn resources, learning resources, knitting community, yarn industry, consumer crafts, pattern inspiration, North American company, Spinrite LP, yarn production

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $28.40M 1
Norwest Mezzanine Partners
16 Nov 2007

Spinrite Alternatives & Competitors

Spinrite vs

Tradition. Innovation. Inspiration.

75 employees
Manufacturing
Spinrite vs
Kelbourne Woolens
Kelbourne Woolens United States

Kelbourne Woolens yarns are for those who love the craft as much as we do.

3 employees
Manufacturing, Retail
Spinrite vs
PIM Brands
PIM Brands United States

We Make The Brands You Love!

390 employees
Food and Beverage, Manufacturing

FAQ About Spinrite

Your ultimate destination for all knitting and crochet needs, offering top brands and a vast array of patterns, resources, and community support.
Spinrite was founded in 1952.
Spinrite operates in Manufacturing. Its work centres on craft yarn, knitting, crochet and pattern books.
Spinrite has completed 1 funding round, raising a total of $28.40M. The latest funding stage is Venture round.
Top alternatives and competitors to Spinrite include MEZ Crafts Group, Kelbourne Woolens, PIM Brands. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Spinrite and MEZ Crafts Group are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Spinrite, https://bouncewatch.com/company/spinrite, updated 26 December 2024. When citing, please name BounceWatch and link this page.

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