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.
Printful and Printify are merging to address challenges in the on-demand printing industry, especially in the creator economy. With this merger, both companies seek greater efficiency, economies of scale, and enhanced profitability. Recent years have seen a dip in late-stage startup funding across Europe, making growth difficult for single companies. By combining strengths, the new entity plans to reach “hundreds of thousands” of customers more effectively and promises more tailored solutions for creators and businesses of all sizes.
The companies confirmed potential layoffs, as some roles overlap between Printful and Printify. A spokesperson noted, “some changes to teams will take place,” promising that the process will be “clear, transparent, and efficient.” Such moves are common in mergers focused on operational efficiency. Both CEOs—Printful’s Alex Saltonstall and Printify’s Anastasija Oleinika—will remain, although a combined management team will lead the newly merged company, whose name is yet to be announced.
Printful and Printify’s combined company aims to widen its market reach, with a goal of serving both small entrepreneurs and Fortune 500 clients. Their shared focus will include expanding product offerings, exploring new sales channels, and innovating to attract customers. Printful has been fulfilling over 1M items monthly, while Printify has handled more than 60M orders since launch. Both brands will continue under their separate names for now, though a new name for the combined company is expected soon.
With regulatory approval and shareholder support secured, Printful and Printify are poised to make significant changes in the on-demand printing market. The merger represents both a consolidation strategy and an opportunity for new offerings. Investors, including Index Ventures, are watching closely, as are private equity firms. The company is expected to offer more “innovative solutions” while increasing efficiency. Time will reveal whether this merger will bring more options and lower prices or simply less choice at higher prices for their customers.
Will this merger reduce choice for on-demand printing users?
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