Printful merges with Printify amid market hurdles

By  
Artur Stańczuk
November 10, 2024
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Summary:

Printful and Printify, both Latvian-rooted on-demand printing companies, announced a merger. This move aims to improve efficiency and reach “hundreds of thousands” of users. Financial details are undisclosed, and the leadership assures “clear, transparent” layoffs where roles overlap. Both companies aim to keep brands separate for now but plan to launch a new combined name and management team. The companies have raised $130M and $54M, respectively, from private equity and will continue to expand product offerings.

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