Customisable handbag brand Mon Purse has secured $3.1 million in a series A capital raise.
Catch of the Day Group founders Gabby and Hezi Leibovich are the latest investors to inject funding into the business.
Gabby believes Mon Purse is a game changer.
“Mon Purse is a remarkable ‘millennial’ concept as it is fashion, tech and also experiential.
“…for me, ideas that engage consumers and at the same time provide a valuable service, are worth investing in.”
The brand previously completed an angel round in July last year and a small seed round in 2014 to launch the business.
Mon Purse has also announced expansion into the US later this year, enlisting Harper's Bazaar US executive editor Laura Brown for a design collaboration.
As such Brown will design a capsule range of bags that will be made available to purchase via Mon Purse's online store.