Overfunding: Portuguese Custom-Made Shoe Brand Undandy Surpasses £1 Million Funding Target on Crowdcube

Undandy, a Portugal-based custom-made shoe company, has successfully secured its initial 1 million funding target through equity crowdfunding platform, Crowdcube. The funding round was launched earlier this month and has attracted nearly 150 investors.

As previously reported, Undandy, which was founded in 2015, offers fully customizable, handcrafted shoes through its 3D online design platform. The company has more than 20,000 customers from over 130 countries who have designed and purchased 22,000 pairs of shoes. Undandy reported it aims to become the definitive customizable footwear brand.

“Customisation is a growing trend and is frequently refered to as the new concept of luxury. Undandy is able to offer unique, customised shoes without the luxury price tag owing to its direct-to-customer, e-comerce platform.”

While sharing more details about the company’s process, Undandy CEO and Co-Founder Rafic Daud, stated:

“With the brand equity we have grown in just three years, we hope that Undandy will not only become a very sustainable company, but we are also aiming to become a very profitable one to boot (excuse the shoe pun), Our limitation thus far has been production capability and capacity. During this time we have also been able to spot the areas we know we can improve substantially. By acquiring our current manufacturer, we’ll be able to shorten the crafting time of the shoes, and improve flexibility with launching new models, new leathers etc. This alone will enhance our business metrics.”

Funds from the Crowdcube round will be used to acquire Undandy’s current manufacturer, and to becoming fully vertical. The campaign is currently set to close at the beginning of December.


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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 22, 2026 vs Jan 1, 2025 - Oct 22, 2025

Share this graph
Number of Filings130Prior 125 +4.0%
Target Raise, Total$3.37BPrior $3.54B -4.7%
This YTDYear priorChange
Filings 130 125 +4.0%
Target raise $3.37B $3.54B -4.7%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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