Ledbury receives $500,000 worth of investment

Good news for the local clothier.

November 25, 2014; 8:57 AM • by Richard Hayes

When it rains it pours and for Ledbury it’s raining money as the company announced a $500,000 investment from Disruptor Capital. This after $4.5 million raised earlier this year.

Richmond BizSense.com has the details and where that new money is headed.

Trible said Ledbury’s latest round of investment money will be used to further the company’s goal of adding about 20 employees, most of which would be based out of its headquarters and storefront at 117 S. 14th St. in Shockoe Bottom. Ledbury now has 30 employees.

The funding will also be used to get more potential customers exposed to the Ledbury brand. Snyder’s background in marketing will help with that, Trible said.