Contenu connexe Similaire à Tracxn - Fashion Tech Startup Landscape Similaire à Tracxn - Fashion Tech Startup Landscape (20) Tracxn - Fashion Tech Startup Landscape2. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
2
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3. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
3
Feed Summary
Investment Trend Summary
Exit Outlook Summary
BlueBox
Summary of Key Markets
Notable Companies in the Sector
Recent News
4. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Note: Mega Companies includes IPO’d companies, Mega Acquisitions and Unicorn. Data is taken from Tracxn Platform as on May 3, 2018.
Fashion Tech Feed Summary
4
Fashion Tech > Feed Summary
Companies engaged in the commerce, services, discovery, content, rentals, and second-hand commerce related to fashion through an
online first channel. Companies providing tech solutions related to fashion for enterprises, online communities of fashion enthusiasts,
innovative solutions and products for fashion industry are also included in the scope of the feed.
• Inclusions: Includes all eCommerce companies involved
in selling and buying of fashion products which by
definition includes apparel, footwear, jewelry, bags,
watches, eye wear and other accessories, Fashion
discovery companies, fashion services startups catering to
business and consumers, content platforms around
fashion, social networks for fashion, enablers providing
technology solutions across the value chain of fashion
companies.
• Exclusions: Excludes offline first fashion retailers and
brands.Also excludes manufacturing facilities providers,
and offline design studios.
• Excludes funding information of Chinese companies Feed in Numbers
Overview
$13.3B
Funding
44
Mega
Companies
16127081
FundedCovered on
Tracxn
7
Unicorns
60
Soonicorns
126
Minicorns
22
IPO’d Cos
483
Late Stage Cos
131
35
Acquisitions
1415
DeadPooled
152
Acquihired
Series A+ Cos
Fynd
(2015, Mumbai, $5.8M)
ASOS
(1999, London, Public)
Myntra
(2007, Bangalore, $124M, Acq)
Top Companies
5. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Investment Trend Summary
Summary of Funding Activity in Fashion Tech
5
$397M - Series G
Farfetch (2008, London, $709M)
$87.5M - Series D
Poshmark (2011, Menlo Park, $203M)
$165M - Series F
Moda Operandi (2010, New York City, $294M)
$75M - Series E
Warby Parker (2010, New York City, $300M)
$140M - Series B
James Allen (2006, New York City, $165M)
$65M - Series C
Spring (2013, New York City, $100M)
$124M - Series D
Bolt Threads (2009, Emeryville, $214M)
$62M - Series E
Vestiaire Collective (2009, Paris, $131M)
$110M - Series F
Farfetch (2008, London, $709M)
$60M - Series E
Rent The Runway (2009, New York City,
$210M)
Top Geos of InvestmentEntrepreneurial Activity Global Funding Trend
*YTD *YTD
Fashion Tech > Feed Summary > Investment Trend Summary
Seed
Index Ventures (#7), Lerer Hippeau Ventures (#6), New
Enterprise Associates (#6)
Series A/B FJ Labs (#5), Greycroft Partners (#5), 360 Capital Partners (#4)
Series C+ Temasek (#3), Access Industries (#2), Cross Creek Advisors (#2)
Incubators 500 Startups (#40) Techstars (#15) Y Combinator (#14)
Other Notable
Investors
Crowdcube (#9), Grace Beauty Capital (#8), Indian Angel Network
(#7)
Debt Investors
Western Technology Investment (#15), Kreos Capital (#9),
InnoVen Capital (#6)
Most Active InvestorsRecent Investments
875
1,074
1,422
894
125
3
2013 2014 2015 2016 2017 2018*
Y-o-Y # of Companies Founded 348 358 385 278 177 63
$1.7B
$1.5B
$2.2B
$1.3B
$1.6B
$700M
2013 2014 2015 2016 2017 2018*
$ Funding # Rounds
$6.6B
$3.6B
$1.2B
$475M
$297M
US
Europe
India
SEA
Latam
$ Funding
6. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Summary of exit outlook in Fashion Tech
Exit Outlook Summary
66
Most Active AcquirersTop Investors in Exits
Accel Partners 4
Bonobos (2007, New York City, $128M)
Myntra (2007, Bangalore, $124M)
Western Technology
Investment
4
JustFab (2010, El Segundo, $300M)
Bonobos (2007, New York City, $128M)
SV Angel 3
Warby Parker (2010, New York City, $300M)
Zappos (1999, Henderson, $90.7M)
Holtzbrinck
Ventures
3
Zalando SE (2008, Berlin, $191M)
Namshi (2011, Dubai, $33M)
Matrix Partners 3
JustFab (2010, El Segundo, $300M)
Gilt (2007, New York City, $284M)
Nov 2016
Blue Nile Acq by Bain Capital Private Equity for
$520M
Apr 2016 Privalia Acq by Vente-privee for $567M
Aug 2015 Zulily Acq by Liberty Interactive for $2.4B
Jul 2014 Trunk Club Acq by Nordstrom for $350M
May 2014 Myntra Acq by Flipkart for $330M
Feb 2014 Coastal.com Acq by Essilor International for $388M
Fashion Tech > Feed Summary > Exit Outlook Summary
Walmart 2 Bonobos (Jun 2017, $310M), ModCloth (Mar 2017)
Essilor
International
2
Coastal.com (Feb 2014, $388M), MyOptique Group (Aug
2016)
Google 1 Like (Aug 2010, $100M)
Yahoo 1 Polyvore (Jul 2015, $230M)
Amazon 1 Zappos (Jul 2009, $1.2B)
Recent IPOs Top Acquisitions
Zalando SE Sep 2014
Online store for fashion apparels, shoes,…
IPO MCap: - Current MCap: $6.6B
Boohoo Mar 2014
Internet-first brand of fashion products
IPO MCap: $931M Current MCap: $2.4B
Koovs Mar 2014
Online private label and inventory-led re…
IPO MCap: $60.5M Current MCap: $17M
Yoox Net-A-Porter Group
Online luxury fashion retailer
IPO MCap: - Current MCap: $4.3B
Stitch Fix Nov 2017
Online retailer of personally stylized fa…
IPO MCap: - Current MCap: $1.4B
Reign Sapphires May 2016
Luxury brand of jewellery made of Blue Sa…
IPO MCap: $17.3M Current MCap: $17.3M
Showroomprive.com Oct 2015
Online shopping website for clothing, cos…
IPO MCap: - Current MCap: $1.5B
Bella Casa Fashion Oct 2015
Online platform to buy wholesale textiles…
IPO MCap: - Current MCap: $30.5M
7. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
May 2018Tracxn BlueBox – Fashion Tech
7080+ companies in the sector, 995 funded in last 5 years, $3.2B invested in last 2 years
Most Active Investors: 500 Startups, Techstars, Accel Partners, Y Combinator, Plug and Play Tech Center
B2B Platforms Enablers
Services
Swipecast (2014, New York City, $400K)
Commerce
Joor (2010, New York City, $20.1M)
Data Services
World Global Style Network (1998, London, $35M, Acq.)
Commerce
Me-Ality (1994, Santa Clara, $53.38M)
INNOVATIVE MATERIALS
Bolt Threads (2009, Emeryville, $213M)
B2C COMMERCE
Multi-Category
Discovery Platforms
Refinery29 (2004, New York City, $125.6M)
Internet-first brands
Yepme (2011, Gurgaon, $88.41M)
Marketplace
Farfetch (2008, London, $709.15M)
Inventory Led
Zalora (2012, Singapore, $238M)
Footwear
Marketplace
Lokait (2015, Bangalore)
Accessories
Subscription
JustFab (2010, El Segundo, $300M)
Innerwear
Internet-first brands
Zivame (2011, Bangalore, $46.7M)
Apparel
Internet-first brands
Bonobos (2007, New York City, $127.65M, Acq.)
RENTALS
Rent The Runway (2009, New York City, $190M)
COMMUNITY
21 Buttons (2015, Barcelona, $13.2M)
CONTENT PLATFORM
StyleHaul (2010, Los Angeles, $17M, Acq.)
SECOND HAND
The RealReal (2011, Tiburon, $173M)
$10.6B
$33.3M
$509M
$402M
$13.7M$399M$1.2B
$76.3M
Cumulative funding in the marketFunding data excludes Debt, Grants & Post-IPO rounds. Excludes all details for Chinese companies
For any Feedback and Query reach out to MyAnalyst@tracxn.com
7
Fashion Tech > Feed Summary > BlueBox
8. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Key Sub Sectors in Fashion Tech Sector
Summary of Key Markets
8
Top Markets of Investment Activity
# Cos on
Platform
Last 2 Years
$ Invested # Round
Second Hand > Multi-category >
Commission-based Marketplace 68 $186M 20
B2C Commerce > Multi-category >
Inventory-led > Retailer >
Multi-brand
331 $250M 13
B2C Commerce > Multi-category >
Marketplace >
Designer
93 $526M 9
B2C Commerce > Accessories > Eyewear >
Internet-first brands 69 $174M 12
B2C Commerce > Footwear >
Internet-first brands 151 $76.5M 15
B2C Commerce > Multi-category > Internet-
first brands > Conventional Fabrics >
Women
90 $46.3M 19
B2C Commerce > Apparel > Internet-first
Brands >
Sportswear
100 $78.9M 11
B2C Commerce > Multi-category >
Marketplace > Vendors >
Multi-Brand
25 $117M 8
Second Hand > Footwear >
Commission-based Marketplace 11 $96M 7
Sub Sectors
# Cos
Tracked
#
Funded
Total
Funding
B2C Commerce
Companies that facilitate online commerce of fashion
apparel and accessories
6003 1294 $10.6B
Second Hand
Companies dealing in second hand fashion products
320 105 $1.2B
Enablers
Companies offering tech solutions focussed on fashion
industry across the value chain....
285 112 $509M
Innovative Materials
Companies providing innovative textiles and products
for the fashion industry
13 8 $402M
Rentals
Companies offering fashion on a rental mode.
Operations would have reverse logistics.
203 35 $399M
B2B Platforms
B2B retail companies that deal in fashion products
133 34 $76.3M
Content Platform
Fashion focussed content platforms
39 10 $33.3M
Fashion Tech > Feed Summary > Summary of Key Markets
9. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
List of Notable Companies in Fashion Tech
Notable Companies in the Sector (1/2)
9
Note: *(Founded Year, Location, Total Funding)
Fashion Tech > Feed Summary > Notable Companies in the Sector
Public
Zalando SE
(2008, Berlin, $191M)*
Stitch Fix
(2011, San Francisco, $50.3M)
Boohoo
(2006, London)
Ashford.com
(1997, Brooklyn)
Koovs
(2010, Gurgaon)
Plukka
(2003, New York City)
Reign Sapphires
(2014, Beverly Hills, $1M)
Mezzi
(1995, Richmond)
Showroomprive.com
(2006, Paris, $80.9M)
BlueStone
(2011, Bangalore, $58.1M)
Public
Delias
(1993, New York City, $44.1M)
Boozt.com
(2006, Malmo, $29.7M)
Naked
(2010, Sumas, $9.9M)
RYU Apparel
(2008, Vancouver, $7.9M)
Yoox Net-A-Porter
Group
(2015, Milano, $5.8M)
FootwaySE
(2010, Kista, $2.4M)
ASOS
(1999, London)
American Software
(1970, Atlanta)
Yoox
(2000, Bologna)
Bella Casa Fashion
(1996, Jaipur)
Public
MysizeID
(1999, Tel Aviv)
PC Gold
(2007, Toronto)
Acquired
Zulily
(2009, Seattle, $139M)
Zappos
(1999, Henderson, $90.7M)
Privalia
(2006, Barcelona, $273M)
Blue Nile
(1999, Seattle, $57M)
Coastal.com
(2000, Vancouver)
Trunk Club
(2009, Chicago, $12.4M)
Myntra
(2007, Bangalore, $124M)
Bonobos
(2007, New York City, $128M)
Hautelook
(2007, Los Angeles, $41M)
Misfit Wearables
(2011, Redwood City, $63M)
Acquired
Gilt
(2007, New York City, $284M)
MandM Direct
(1987, Leominster)
Polyvore
(2007, Mountain View, $22.1M)
Brands4friends
(2007, Palo Alto)
Namshi
(2011, Dubai, $33M)
DailyCandy
(2000, New York City)
StyleHaul
(2010, Los Angeles, $17M)
eBags
(1998, Greenwood Village)
Like
(2005, San Mateo, $47.3M)
10. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
List of Notable Companies in Fashion Tech
Notable Companies in the Sector (2/2)
10
Fashion Tech > Feed Summary > Notable Companies in the Sector
Unicorns
Farfetch
(2008, London, $709M)
JustFab
(2010, El Segundo, $300M)
Warby Parker
(2010, New York City, $300M)
12. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
List of Notable Companies by Market in Fashion Tech
Notable Companies by Market (1/11)
12
Fashion Tech > Feed Summary > Notable Companies by Market
B2C Commerce
Multi-category
Farfetch (2008, London, $709M)
Curated fashion boutique marketplace
Unicorn. Stage: Series G
Chanel, Jingdong Group, Temasek and 17 Other
Investors
JustFab (2010, El Segundo, $300M)
Monthly subscription for clothing, women's shoes
and handbags
Unicorn. Stage: Series C
Passport Capital, Matrix Partners, Technology
Crossover Ventures and 12 Other Investors
Moda Operandi (2010, New York City, $294M)
Online luxury fashion retail store
Soonicorn. Stage: Series F
Adrian Cheng, Apax Partners, New Enterprise
Associates and 12 Other Investors
Multi-category
Gilt (2007, New York City, $284M)
Online flash sales for fashion
Minicorn. Stage: Acquired
General Atlantic, Firsthand Technology Value Fund,
GSV Capital and 13 Other Investors
Privalia (2006, Barcelona, $273M)
Private flash sales club for fashion and lifestyle
products
Soonicorn. Stage: Acquired
Sofina, Highland Capital Partners, Insight Venture
Partners and 5 Other Investors
BestSecret (2007, Aschheim, $248M)
Private shopping club
Soonicorn. Stage: Funded
Ardian
Dafiti (2010, Sao Paulo, $245M)
Online retailer for footwear and fashion products
Soonicorn. Stage: Series D
IFC, Ontario Teachers' Pension Plan, Kinnevik and 5
Other Investors
Multi-category
Zalora (2012, Singapore, $238M)
Fashion and beauty e-tailer
Soonicorn. Stage: Series D
Rocket Internet, Access Industries, Summit
Partners and 7 Other Investors
Zalando SE (2008, Berlin, $191M)
Online store for fashion apparels, shoes, and
accessories
Unicorn. Stage: Public
Ontario Teachers' Pension Plan, Commerzbank,
KfW Bankengruppe and 10 Other Investors
Lamoda (2011, Moscow, $143M)
Fashion e-commerce retalier in Russia and CIS
Soonicorn. Stage: Series E
IFC, Access Industries, Summit Partners and 4
Other Investors
13. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
List of Notable Companies by Market in Fashion Tech
Notable Companies by Market (2/11)
13
Fashion Tech > Feed Summary > Notable Companies by Market
B2C Commerce
Multi-category
KupiVIP (2008, Moscow, $140M)
Russian flash sales site
Soonicorn. Stage: Series D
MCI Capital, Intel Capital, Balderton Capital and 14
Other Investors
Zulily (2009, Seattle, $139M)
Horizontal flash sales sites for mom and kids
Unicorn. Stage: Acquired
Andreessen Horowitz, Meritech Capital Partners,
August Capital and 4 Other Investors
Refinery29 (2004, New York City, $129M)
Digital media company focused on women's fashion
and lifestyle
Soonicorn. Stage: Series E
Turner, Scripps Networks Interactive, WPP and 8
Other Investors
Multi-category
Myntra (2007, Bangalore, $124M)
Online retail store for fashion and lifestyle products
Soonicorn. Stage: Acquired
Sofina, Accel Partners, Tiger Global Management
and 10 Other Investors
Spring (2013, New York City, $100M)
Discovery shopping from brands and designers
Soonicorn. Stage: Series C
Fidelity Investments, LVMH, BoxGroup and 10
Other Investors
Goop (2008, New York City, $82M)
Weekly lifestyle publication and e-commerce shop
Soonicorn. Stage: Series C
Lightspeed Venture Partners, Felix Capital, New
Enterprise Associates and 4 Other Investors
Multi-category
Showroomprive.com (2006, Paris, $80.9M)
Online shopping website for clothing, cosmetics,
and household products
Soonicorn. Stage: Public
Carrefour, VipShop, Accel Partners and 1 Other
Investors
ModCloth (2002, San Francisco, $76.2M)
Vintage-Ispired Fashion and Decor Online
Soonicorn. Stage: Acqui-Hired
Norwest Venture Partners, Accel Partners,
Floodgate Fund and 6 Other Investors
Theiconic (2011, Surry Hills, $72M)
Online Fashion Retailer
Soonicorn. Stage: Series B
Summit Partners, Kinnevik, Nova Founders Capital
and 2 Other Investors
14. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
List of Notable Companies by Market in Fashion Tech
Notable Companies by Market (3/11)
14
Fashion Tech > Feed Summary > Notable Companies by Market
B2C Commerce
Multi-category
Lyst (2010, London, $60.5M)
Online aggregator of fashion products
Soonicorn. Stage: Series C
14W, Balderton Capital, Accel Partners and 4 Other
Investors
Lesara (2013, Berlin, $60M)
Online retailer for fashion & lifestyle products
Soonicorn. Stage: Series C
Northzone, Mangrove Capital Partners, Armat
Group and 10 Other Investors
Outfittery (2012, Berlin, $59.8M)
Curated shopping service for men’s clothing
Soonicorn. Stage: Series D
Octopus Ventures, U-Start, Northzone and 13 Other
Investors
Ador (2009, Seattle, $56.5M)
Shoppable digital magazine
Soonicorn. Stage: Acquired
KPCB, Liberty Media, DAG Ventures and 1 Other
Investors
Multi-category
Spartoo (2005, Grenoble, $55.5M)
European Retailer for fashion products
Soonicorn. Stage: Series C
Sofina, A Plus Finance, CM-CIC Capital Prive and 3
Other Investors
Craftsvilla (2011, Mumbai, $53.5M)
Online marketplace for handmade, handcrafted,
organic and gift products
Soonicorn. Stage: Series C
Global Founders Capital, Sequoia Capital, Nexus
Venture Partners and 1 Other Investors
Stitch Fix (2011, San Francisco, $50.3M)
Online retailer of personally stylized fashion
products
Soonicorn. Stage: Public
Benchmark Capital, Baseline Ventures, Lightspeed
Venture Partners and 1 Other Investors
Multi-category
Limeroad (2012, Gurgaon, $50M)
Online social shopping marketplace for women
fashion products
Soonicorn. Stage: Series C
Tiger Global Management, Matrix Partners India,
Lightspeed Venture Partners
Like (2005, San Mateo, $47.3M)
Visual Search engine for products
Minicorn. Stage: Acquired
Menlo Ventures, Crosslink Capital, BlueRun
Ventures and 6 Other Investors
Navabi (2007, Aachen, $46.5M)
Retail for Designer Fashion in PlusSizes
Soonicorn. Stage: Acquired
Bauer Venture Partners, Index Ventures, Seventure
Partners and 3 Other Investors
Delias (1993, New York City, $44.1M)
Multi-channel fashion retail company catering to
teens
Stage: Public
15. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
List of Notable Companies by Market in Fashion Tech
Notable Companies by Market (4/11)
15
Fashion Tech > Feed Summary > Notable Companies by Market
B2C Commerce
Multi-category
Hautelook (2007, Los Angeles, $41M)
Online sale events
Stage: Acquired
Insight Venture Partners, Guild Capital, Millennium
Technology Value Partners
Stella & Dot (2004, San Bruno, $37M)
Internet-first brand of fashion products
Soonicorn. Stage: Series B
Sequoia Capital, Tugboat Ventures
Voonik (2013, Bangalore, $36.6M)
Personal-stylist led online marketplace for fashion
Soonicorn. Stage: Series B
Sequoia Capital, RB Investments, Seedfund and 13
Other Investors
Namshi (2011, Dubai, $33M)
Online fashion retailer in Middle East
Soonicorn. Stage: Acquired
Summit Partners, JPMorgan, Blakeney Management
and 3 Other Investors
Multi-category
Boozt.com (2006, Malmo, $29.7M)
E-commerce company for fashion brands
Soonicorn. Stage: Public
Sampension, Sunstone, Verdane Capital and 1 Other
Investors
Roposo (2013, Gurgaon, $26.4M)
Mobile-first photo & video based social sharing app
Soonicorn. Stage: Series B
Bertelsmann India Investments, Tiger Global
Management, India Quotient and 3 Other Investors
JUNIQE (2014, Berlin, $22.2M)
Online marketplace for independent designers
Soonicorn. Stage: Series B
Highland Europe, High-Tech Grunderfonds,
Redalpine and 3 Other Investors
Polyvore (2007, Mountain View, $22.1M)
Community based fashion discovery portal
Minicorn. Stage: Acquired
DAG Ventures, Matrix Partners, Benchmark Capital
and 2 Other Investors
Multi-category
Trunk Club (2009, Chicago, $12.4M)
Personalized clothing service
Soonicorn. Stage: Acquired
U.S Venture Partners, Apex Venture Partners,
Anthos Capital and 3 Other Investors
Yoox Net-A-Porter Group (2015, Milano,
$5.8M)
Online luxury fashion retailer
Unicorn. Stage: Public
Alabbar Enterprises, 360 Capital Partners
MyTheresa (2006, Munich)
Online retailer of luxury designer clothing
Soonicorn. Stage: Acquired
Acton Capital Partners
ASOS (1999, London)
Fashion and beauty online retailer
Editor's Pick. Stage: Public
Index Ventures
16. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
List of Notable Companies by Market in Fashion Tech
Notable Companies by Market (5/11)
16
Fashion Tech > Feed Summary > Notable Companies by Market
B2C Commerce
Multi-category
Yoox (2000, Bologna)
Online retailer of fashion products
Stage: Public
Balderton Capital, AME Ventures
Ashford.com (1997, Brooklyn)
Online retailer of luxury goods
Stage: Public
Prudential Capital Group
Brands4friends (2007, Palo Alto)
Flash sales for fashion products
Stage: Acquired
Holtzbrinck Ventures, Mangrove Capital Partners,
Partech Ventures and 4 Other Investors
Koovs (2010, Gurgaon)
Online private label and inventory-led retailer for
fashion apparel and lifestyle accessories
Stage: Public
The Times Group, Coller Capital, Mitchell Capital
and 3 Other Investors
Multi-category
MandM Direct (1987, Leominster)
Discount Retailer of Fashion & sports brands
Stage: Acquired
ECI Partners, TA Associates Management
Apparel
Teespring (2012, San Francisco, $56.9M)
Online pre-order crowdfunding portal for custom
clothing.
Soonicorn. Stage: Series B
Andreessen Horowitz, Khosla Ventures, Acequia
Capital and 9 Other Investors
RYU Apparel (2008, Vancouver, $7.9M)
Global athletic apparel brand
Stage: Public
Represent (2014, Los Angeles)
Platform for creating and selling custom
merchandise online
Soonicorn. Stage: Acquired
QueensBridge Venture Partners, Scrum Ventures,
I2BF Global Ventures and 5 Other Investors
Bella Casa Fashion (1996, Jaipur)
Online platform to buy wholesale textiles goods
Stage: Public
17. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
List of Notable Companies by Market in Fashion Tech
Notable Companies by Market (6/11)
17
Fashion Tech > Feed Summary > Notable Companies by Market
B2C Commerce
Innerwear
Naked (2010, Sumas, $9.9M)
Internet-first brand of innerwear
Editor's Pick. Stage: Public
Chazen Capital Partners
Footwear
Zappos (1999, Henderson, $90.7M)
Online Apparel and Footwear retailer
Unicorn. Stage: Acquired
Sequoia Capital, Venture Frogs, SV Angel and 7
Other Investors
FootwaySE (2010, Kista, $2.4M)
Sweden based online shoe retailer
Stage: Public
Northzone, eEquity, Industrifonden
PC Gold (2007, Toronto)
Online retailer of footwear
Stage: Public
Accessories
Warby Parker (2010, New York City, $300M)
Internet-first brand of eyewear
Unicorn. Stage: Series E
T. Rowe Price, General Catalyst Partners, Tiger
Global Management and 25 Other Investors
James Allen (2006, New York City, $165M)
Internet-first brand of jewelry
Soonicorn. Stage: Series B
Francisco Partners, Israel Growth Partners, NFX
Guild
Lenskart (2010, Delhi, $143M)
Online + Offline eyewear brand
Soonicorn. Stage: Series E
TR Capital, Premji Invest, IFC and 13 Other
Investors
Stance (2010, San Clemente, $123M)
Internet-first brand of socks
Soonicorn. Stage: Series D
Mercato Partners, August Capital, KPCB and 9 Other
Investors
18. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
List of Notable Companies by Market in Fashion Tech
Notable Companies by Market (7/11)
18
Fashion Tech > Feed Summary > Notable Companies by Market
B2C Commerce
Accessories
MyOptique Group (2004, London, $87.5M)
Online retailer for optical glasses
Soonicorn. Stage: Acquired
Harbert Management, amerycap, Acton Capital
Partners and 8 Other Investors
Mister Spex (2007, Berlin, $69.6M)
Online eye-wear retailer
Soonicorn. Stage: Series E
Scottish Equity Partners, XAnge, Goldman Sachs
and 14 Other Investors
Misfit Wearables (2011, Redwood City, $63M)
Brand of wearable devices
Soonicorn. Stage: Acquired
Khosla Ventures, Founders Fund, Horizen Ventures
and 11 Other Investors
BlueStone (2011, Bangalore, $58.1M)
Online private label jewellery shopping store
Minicorn. Stage: Public
Kalaari Capital, Accel Partners, Iron Pillar Fund and
10 Other Investors
Accessories
Blue Nile (1999, Seattle, $57M)
Internet-first brand of diamond jewelry
Soonicorn. Stage: Acquired
Bessemer Venture Partners, Integral Capital
Partners, Trinity Ventures and 8 Other Investors
Hawkers (2013, Elche, $56M)
Vertically integrated online first brand of eyewear
Soonicorn. Stage: Series A
Chloe and Isabel (2010, New York City, $37.4M)
Internet-first brand of jewelry
Soonicorn. Stage: Series C
Floodgate Fund, Forerunner Ventures, First Round
Capital and 10 Other Investors
Reign Sapphires (2014, Beverly Hills, $1M)
Luxury brand of jewellery made of Blue Sapphires
Stage: Public
Mezzi (1995, Richmond)
Internet first brand of smart handbag
Stage: Public
Accessories
Coastal.com (2000, Vancouver)
Manufacturer and retailer of eyewear products
Stage: Acquired
Varshney Capital
eBags (1998, Greenwood Village)
Online retailer of bags and travel accessories
Stage: Acquired
Benchmark Capital, Technology Crossover
Ventures, Saints Capital and 1 Other Investors
Plukka (2003, New York City)
Multi-channel retailer of made-to-order fine
jewelry
Stage: Public
Fresco Capital
19. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
List of Notable Companies by Market in Fashion Tech
Notable Companies by Market (8/11)
19
Fashion Tech > Feed Summary > Notable Companies by Market
Second Hand
Multi-category
Poshmark (2011, Menlo Park, $203M)
Mobile first P2P marketplace for fashion products
Soonicorn. Stage: Series E
Temasek, Mayfield, Menlo Ventures and 13 Other
Investors
The RealReal (2011, Tiburon, $173M)
Online consignment for luxury fashion
Soonicorn. Stage: Series F
Great Hill Partners, Greenspring Associates,
Broadway Angels and 13 Other Investors
Vestiaire Collective (2009, Paris, $131M)
Luxury Resale Marketplace
Soonicorn. Stage: Series E
Vitruvian Partners, Eurazeo, Idinvest Partners and
5 Other Investors
ThredUP (2009, San Francisco, $127M)
Consignment based second hand clothing platform
Soonicorn. Stage: Series E
Highland Capital Partners, Trinity Ventures,
Redpoint Ventures and 7 Other Investors
Multi-category
Reebonz (2009, Singapore, $79.7M)
Membership-based online consignment platform
for sale of luxury fashion brands
Soonicorn. Stage: Series C
GGV Capital, Intel Capital, Infocomm Investments
and 5 Other Investors
Tradesy (2012, Santa Monica, $77.6M)
Mobile based P2P marketplace to buy and sell
clothing items
Soonicorn. Stage: Series C
Wildcat Capital Management, KPCB, Rincon Venture
Partners and 13 Other Investors
Vinted (2008, Vilnius, $60.6M)
Social pre-loved fashion marketplace
Soonicorn. Stage: Series C
Accel Partners, Insight Venture Partners, Hubert
Burda Media
Rentals
Multi-category
Rent The Runway (2009, New York City,
$210M)
Designer dress and accessory rentals
Soonicorn. Stage: Series E
Jack Ma, Joe Tsai , Blue Pool Capital and 13 Other
Investors
20. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
List of Notable Companies by Market in Fashion Tech
Notable Companies by Market (9/11)
20
Fashion Tech > Feed Summary > Notable Companies by Market
Rentals
Apparel
Generation Tux (2014, Oakland, $42.5M)
Online platform to rent tuxedo for men.
Soonicorn. Stage: Series B
B2B Platforms
Commerce
Joor (2010, New York City, $20.5M)
B2B Marketplace for Women's Fashion
Soonicorn. Stage: Series C
Advance, Canaan Partners, Battery Ventures and 7
Other Investors
Enablers
Commerce
True Fit (2005, Woburn, $105M)
Fit Personalization Software
Soonicorn. Stage: Series C
Georgian Partners, Jump Capital, Signal Peak and 9
Other Investors
Metail (2008, London, $32.4M)
Fitting through Virtual profiles
Soonicorn. Stage: Series C
TAL Apparel, New World Private Equity
MysizeID (1999, Tel Aviv)
Mobile based sizing and measurement solution
Stage: Public
21. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
List of Notable Companies by Market in Fashion Tech
Notable Companies by Market (10/11)
21
Fashion Tech > Feed Summary > Notable Companies by Market
Enablers
Manufacturing
Centric Software (1997, Los Gatos, $62.4M)
PLM Software for retail
Soonicorn. Stage: Series D
Silver Lake, Fung Capital USA, Oak Investment
Partners and 5 Other Investors
American Software (1970, Atlanta)
Supply Chain management and ERP Solutions
Stage: Public
Content Monetization
rewardStyle (2011, Dallas, $15M)
Monetization tools provider for fashion publishers
and retailers
Soonicorn. Stage: Series A
Maverick Capital, Maverick Ventures
Content Platform
Creators
StyleHaul (2010, Los Angeles, $17M)
MCN for fashion
Stage: Acquired
RTL Group, Bertelsmann Digital Media Investments,
Rezven Partners and 2 Other Investors
DailyCandy (2000, New York City)
Daily email newsletter and website with fashion
and lifestyle content
Stage: Acquired
22. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
List of Notable Companies by Market in Fashion Tech
Notable Companies by Market (11/11)
22
Fashion Tech > Feed Summary > Notable Companies by Market
Innovative Materials
Biofabrication
Spiber (2007, Tsuruoka, $132M)
Using genetically engineered microorganisms to
mass produce silk protein material
Soonicorn. Stage: Series D
GOLDWIN, Shinsei Bank, JAFCO and 1 Other
Investors
23. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
List of Notable Companies in Fashion Tech in China
Notable Companies in the Sector in China
23
Fashion Tech > Feed Summary > Notable Companies in the Sector in China
Public
Handu
(2006, Jinan, $22M)
Inmix
(2010, Beijing, $7M)
Mecox Lane
(1996, Shanghai)
Acquired
Meilishuo
(2009, Beijing, $30M)
Unicorns
Vancl
(2007, Beijing, $580M)
Mogujie
(2011, Hangzhou, $420M)
Meilishuo
(2009, Beijing, $30M)
Soonicorns
Moonbasa
(2006, Guangzhou, $340M)
Yougou
(2011, Guangdong, $200M)
Xiu
(2008, Shenzhen, $150M)
YOHO
(2005, Nanjing, $130M)
91xinshang
(2014, Beijing, $53.3M)
Handu
(2006, Jinan, $22M)
24. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Recent News in Fashion Tech Sector
Recent News
24
Fashion Tech > Feed Summary > Recent News
May 2018
Bluesmart sells assets to Travelpro following smart luggage ban,
TechCrunch
May 2018
My Size to Showcase Its Technology at Copenhagen Fashion
Summit, PR Newswire
May 2018 MM.LaFleur makes pop-up showroom permanent, Retail Dive
Apr 2018
Bonobos released a new line of high-tech clothes - and it shows how
the brand is evolving, Business Insider
Apr 2018
Announcing the Retail Times newsletter Frank And Oak contest
winners, BetaKit
Apr 2018
O2O e-com company Fynd ends Cash on Delivery, goes digital-only
payments, MediaNama
Apr 2018 Ramblers Way will close Portsmouth store, Mainebiz
Apr 2018
Koovs Shares Rise As It Secures GBP1.5 Million Loan From
Chairman, London South East
Apr 2018
Vivobarefoot partners with Oracle for NetSuite services, Retail
Insight Network
Apr 2018
EXENTA to Unveil Capacity Planning, AMAZON® ALEXA Integration
at Texprocess Americas, PRWeb
Apr 2018
Vivobarefoot Makes Giant Strides in Transforming the Footwear
Industry, Medianet
Apr 2018
Major online retail logistics contract will create 1,200 jobs,
TheBusinessDesk
Apr 2018 Bluebella appoints ex-Wacoal Europe CEO to board, Fashion Network
Key Recent News Key Recent News
Apr 2018 Centric Software Releases Centric 8 PLM V6.3, PR Newswire
Apr 2018 Rent the Runway’s $20 Million Found Raising, Global Legal Chronicle
Apr 2018
Gerber Announces New AccuMark® Platform Version 11
Supporting a Fully Integrated Design to Product Workflow, PR
Newswire
Apr 2018
Global Fitness Bands Market 2018 -Garmin, Polar, Jawbone, Misfit,
Fitbit, Sony, Apple, Xiaomi, TomTom, Microsoft, truthweek.com
Apr 2018
Mytheresa.com x Zimmermann vacation capsule collaboration,
FashionUnited
Apr 2018 Myntra sees technology as key to growth in fashion, Fashion Network
Apr 2018
Federico Marchetti to lead YNAP as Chairman and CEO,
fashionunited.uk
Apr 2018
The Modist introduces its own label Layeur by The Modist,
theindustry.fashion
Apr 2018
Boohoo expected to yield two-fold growth fueled by
LittlePrettyThings, FashionUnited
Apr 2018 Naukri.com invests Rs 3 crore in ShoeKonnect, Indiatimes
Apr 2018 Aspinal of London opens airport pop-up shop, Fashion Network
Apr 2018 PrettySecrets looks to double offline retail distribution, Indiatimes
Apr 2018
Men's Clothier J.Hilburn Announces Andy Janowski as CEO, PR
Newswire
25. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
25
Funding Trends
Median Deal Size and Trend
New Entrants in Funding Club
Distribution of companies by Funding Range
Funding Funnel of the Sector
Top Investments and Investors
Investors in Unicorn club
26. Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
Continued Learning
Apr 2018
Agriculture
Apr 2018
Marine Energy
Apr 2018
27. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
$1.1B
$1.5B
$1.7B
$1.5B
$2.2B
$1.3B
$1.6B
$700M
0
50
100
150
200
250
300
350
400
450
$0k
$500M
$1.B
$1.5B
$2.B
$2.5B
2011 2012 2013 2014 2015 2016 2017 2018*
$ Funding # Rounds
3 Year CAGR
6 Year CAGR
Investments ($M) and number of rounds in Fashion Tech; 2011-2018
Global Funding Trends (1/2)
27
Note: Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
Fashion Tech > Investment Trends > Global Funding Trends
#Rounds
$Funding
6% $ Funding
2% $ Funding
1% # of Rounds
21% # of Rounds
28. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
87 164 230 234 220 155 90 26
63
86 85
95
115 103 72
18
17 27 33 29 50 20 15 19
2011 2012 2013 2014 2015 2016 2017 2018 YTD
Seed Early Stage Late Stage
167
63
Total # of Rounds
$49M $66M $107M $120M $136M $84M $72M $27M
$468M $631M
$418M
$650M
$772M
$562M
$581M
$110M
$617M $788M $1.1B $747M $1.3B $690M $945M $563M
2011 2012 2013 2014 2015 2016 2017 2018 YTD
Seed Early Stage Late Stage
$760M
$930M
$1.1B
$901M
$1.4B
$831M
$1.2B
$585M
0
5
10
15
20
25
30
35
0
200000000
400000000
600000000
800000000
1E+09
1.2E+09
1.4E+09
1.6E+09
2011 2012 2013 2014 2015 2016 2017 2018 YTD
$ Funding # of Rounds
28
Note: Mega Rounds = rounds with size > $20M. Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
Stage-wise Number of RoundsStage-wise $ Invested
New Entrants in Funded ClubMega Rounds
Global Funding Trends (2/2)
Investments ($M) and number of rounds in Fashion Tech; 2011-2018
Fashion Tech > Investment Trends > Global Funding Trends
290
214
182
174
136
60
1056
$2.1M
$1.3M
$0.0M
$0.5M
$1.0M
$1.5M
$2.0M
$2.5M
0
200
400
600
800
1000
1200
2012 2013 2014 2015 2016 2017 2018 YTD Total
Entrants in Funding Club Avg. Ticket Size
15 19 20 24 32 21 14 11 $2.1M $0.8M $1.9M $1.1M $1.4M $1.8M - $1.3M
$1.1B
$700M
Total $ Invested
29. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201829
Fashion Tech > Investment Trends > Funding Trends by Geography
Investments ($M) and number of rounds in Fashion Tech
Funding Trends by Geography
Funding Trends by Geography Top Cities of Funding
City $ Funding # Rounds
New York City 2.6B 328
Bay Area 1.7B 241
London 1.2B 169
Delhi NCR 659M 104
Berlin 448M 57
Singapore 410M 29
Los Angeles 405M 84
El Segundo 366M 8
Paris 359M 58
Bangalore 349M 86
Total Funding
1065
602
313
82
76
35
52
26
# Rounds
$6.6B
$3.6B
$1.2B
$475M
$297M
$222M
$193M
$143M
US
Europe
India
SEA
Latam
Japan
Canada
Australia
Note: Excludes funding information of China companies
30. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201830
Trend of Average Deal Size ($M)
$0.7 $0.6 $0.6 $0.7
$0.9 $0.8
$1.1
2011 2012 2013 2014 2015 2016 2017
$6.0 $6.1
$3.9
$5.8 $5.3 $5.4 $5.1
$14.7 $17.3
$8.6
$12.3
$15.9
$11.6
$17.1
$41.1 $34.3 $38.2 $31.1 $30.4
$38.3
$94.5
Fashion Tech > Investment Trends > Median Deal Size and Trend
Median and Average Deal Size in $M (per Stage) in Fashion Tech; 2011-2017
Median Deal Size and Trend
Note: Excludes funding information of Chinese companies. *Graph not to scale
Median Deal Size and Range
$603* $9.5M
$20K $56M
$100K $140M
$8K $397M
$26.5M
$9M
$3.8M
$450K
Series C+
Series B
Series A
Seed
Stage
31. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Note: 713 companies with undisclosed funding amount are not included
31
<$1M
$1-10M
$10-50M
$50-100M
$100M+
Funding Range
401
374
145
42
31
No. of Companies
Fashion Tech > Investment Trends > Distribution of companies by Funding Range
No. of companies by funding range in Fashion Tech; as of May 2018
Distribution of companies by Funding Range
$109M
$1.3B
$3.1B
$2.8B
$6.B
$ Investment
32. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Stage No. of Companies
Funding
Funnel
100%
23%
7%
3%
2%
32
Note: Numbers in the brackets show the count of companies
Time to raise
next round
131
238
483
1612
7081
Series C+
Series B
Series A
Funded
Founded
Next
Round
100M+
Valuation
Exits
Acqui-
Hired
Dead
Pooled
Others
23% 1%
(87)
1%
(41)
2%
(168)
20%
(1415)
55%
(3886)
30% 5%
(82)
2%
(36)
7%
(109)
21%
(334)
43%
(686)
49% 14%
(68)
5%
(22)
11%
(53)
11%
(52)
29%
(140)
55% 27%
(64)
8%
(20)
12%
(29)
7%
(16)
26%
(62)
- 40%
(52)
13%
(17)
13%
(17)
5%
(6)
24%
(32)
Fashion Tech > Investment Trends > Funding Funnel
Number of companies progressing to subsequent funding stages in Fashion Tech
Funding Funnel
16 Months
17 Months
18 Months
Investment backedBootstrapped
60
7
34
18
1
4
Soonicorns
Unicorns
Acquisitions
IPOs
33. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201833
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Fashion Tech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Fashion Tech; May 2016-May 2018
Notable Investments in last 24 months (1/10)
LATE STAGE
$397M - Series G Jun 2017
Farfetch (2008, London, $709M)
Curated fashion boutique marketplace
Jingdong Group
$165M - Series F Dec 2017
Moda Operandi (2010, New York City, $294M)
Online luxury fashion retail store
Adrian Cheng, Apax Partners, New Enterprise
Associates, LVMH, Fidelity Investments, C Ventures
Fund
$124M - Series D Jan 2018
Bolt Threads (2009, Emeryville, $214M)
Manufacturer of fibers for textile industry using
artificial silk proteins
Formation 8, Foundation Capital, Baillie Gifford,
Founders Fund, Fidelity Investments, Allen &
Company, Temasek
$110M - Series F May 2016
Farfetch (2008, London, $709M)
Curated fashion boutique marketplace
Temasek, Eurazeo, Vitruvian Partners, IDG Capital
LATE STAGE
$87.5M - Series D Nov 2017
Poshmark (2011, Menlo Park, $203M)
Mobile first P2P marketplace for fashion products
Temasek, Mayfield, Menlo Ventures, GGV Capital,
Inventus Capital Partners, Uncork Capital, Union
Grove Venture Partners, Cross Creek Advisors
$75M - Series E Mar 2018
Warby Parker (2010, New York City, $300M)
Internet-first brand of eyewear
T. Rowe Price
$65M - Series C May 2017
Spring (2013, New York City, $100M)
Discovery shopping from brands and designers
Fidelity Investments, LVMH, BoxGroup, Thrive
Capital, Yuri Milner
$62M - Series E Jan 2017
Vestiaire Collective (2009, Paris, $131M)
Luxury Resale Marketplace
Vitruvian Partners, Eurazeo, Idinvest Partners
LATE STAGE
$60M - Series E Dec 2016
Rent The Runway (2009, New York City,
$210M)
Designer dress and accessory rentals
Technology Crossover Ventures, Bain Capital
Ventures, Highland Capital Partners, Advance,
Fidelity Investments
$60M - Series D May 2016
Lenskart (2010, Delhi, $143M)
Online + Offline eyewear brand
IFC, TPG, IDG Ventures India, Kris Gopalakrishnan,
Schroder Adveq
$60M - Series C Feb 2018
Goat (2015, Los Angeles, $99.4M)
Marketplace to buy and sell sneakers
Index Ventures, Accel Partners, Upfront Ventures,
Webb Investment Network, Matrix Partners India
34. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201834
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Fashion Tech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Fashion Tech; May 2016-May 2018
Notable Investments in last 24 months (2/10)
LATE STAGE
$58.6M - Series C Jan 2018
True Fit (2005, Woburn, $105M)
Fit Personalization Software
Georgian Partners, Jump Capital, Signal Peak, Intel
Capital, Cross Creek Advisors
$54M - Series C Apr 2018
Zilingo (2015, Singapore, $82M)
Digital marketplace for fashion
, Sequoia Capital, Tim Draper, SIG, Venturra Capital,
Beenext, Manik Arora, Amadeus Capital, Burda
Principal Investments
$50M - Series F Jun 2017
The RealReal (2011, Tiburon, $173M)
Online consignment for luxury fashion
Great Hill Partners
$50M - Series E Aug 2017
Poshmark (2011, Menlo Park, $203M)
Mobile first P2P marketplace for fashion products
GGV Capital, Menlo Ventures, Mayfield, Uncork
Capital
LATE STAGE
$50M - Series C May 2016
Bolt Threads (2009, Emeryville, $214M)
Manufacturer of fibers for textile industry using
artificial silk proteins
Formation 8, Innovation Endeavors, Alafi Capital,
East West Capital Partners, Foundation Capital,
Founders Fund
$50M - Series C Mar 2018
Goop (2008, New York City, $82M)
Weekly lifestyle publication and e-commerce shop
Lightspeed Venture Partners, Felix Capital, New
Enterprise Associates, Fidelity Investments
$45M - Series E Jul 2016
Refinery29 (2004, New York City, $129M)
Digital media company focused on women's fashion
and lifestyle
Turner, Scripps Networks Interactive
LATE STAGE
$40M - Series C Sep 2017
Lesara (2013, Berlin, $60M)
Online retailer for fashion & lifestyle products
Northzone, Mangrove Capital Partners, Armat
Group, Marshfield Inc
$34M - Series D Jan 2018
ChroNext (2012, Cologne, $50M)
Marketplace for buying and selling luxury watches
Endeit Capital, Tengelmann Ventures, Octopus
Ventures, Partech Ventures, Capnamic Ventures
$34M - Series C Mar 2018
Outdoor Voices (2013, Austin, $65.5M)
Internet-first brand of activewear
GV, Millard Drexler, General Catalyst Partners,
Forerunner Ventures
$30.1M - Series E Sep 2016
Lenskart (2010, Delhi, $143M)
Online + Offline eyewear brand
Premji Invest
35. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201835
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Fashion Tech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Fashion Tech; May 2016-May 2018
Notable Investments in last 24 months (3/10)
LATE STAGE
$30M - Series C May 2016
Tradesy (2012, Santa Monica, $77.6M)
Mobile based P2P marketplace to buy and sell
clothing items
Wildcat Capital Management, KPCB, Rincon Venture
Partners
$30M - Series C Mar 2018
The Black Tux (2012, Santa Monica, $71M)
Tuxedo and suit rentals online
TZP Group, Stripes Group, Menlo Ventures, Raine
Group
$23.8M - Series D Jul 2016
BlueStone (2011, Bangalore, $58.1M)
Online private label jewellery shopping store
Accel Partners, Kalaari Capital, IvyCap Ventures, RB
Investments, Iron Pillar Fund, India Infoline
LATE STAGE
$22M - Series D Aug 2016
Outfittery (2012, Berlin, $59.8M)
Curated shopping service for men’s clothing
Octopus Ventures, U-Start, Northzone, Highland
Europe, Holtzbrinck Ventures, Mangrove Capital
Partners
$20M - Series E Mar 2018
Rent The Runway (2009, New York City,
$210M)
Designer dress and accessory rentals
Jack Ma, Joe Tsai , Blue Pool Capital
$16M - Series C Jun 2017
M.Gemi (2014, Boston, $48M)
Handcrafted Italian shoes
Accel Partners, General Catalyst Partners,
Forerunner Ventures, Hubert Burda Media, Burda
Principal Investments, Etsy, Angel Capital
Management
LATE STAGE
$16M - Series C Feb 2018
Frank & Oak (2012, Montreal, $39.8M)
Internet-first brand of multi-category fashion
products
Caisse de depot et placement du Quebec, Goodwater
Capital, Investissement Quebec
$12.9M - Series C Jul 2017
Metail (2008, London, $32.4M)
Fitting through Virtual profiles
TAL Apparel
$12.4M - Series C Jun 2016
ChroNext (2012, Cologne, $50M)
Marketplace for buying and selling luxury watches
Partech Ventures, NRW.BANK, Octopus Ventures,
InVenture Partners, Capnamic Ventures
$5.9M - Series D Mar 2018
BlueStone (2011, Bangalore, $58.1M)
Online private label jewellery shopping store
Kalaari Capital, , Accel Partners, Iron Pillar Fund,
IvyCap Ventures, OBOR Capital, Gaurav Deepak,
India Infoline
36. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201836
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Fashion Tech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Fashion Tech; May 2016-May 2018
Notable Investments in last 24 months (4/10)
LATE STAGE
$1.4M - Series C Jan 2018
Ruby Ribbon (2011, New York City, $20.7M)
Women's Shapewear Apparel
Series G Feb 2018
Farfetch (2008, London, $709M)
Curated fashion boutique marketplace
Chanel
Series E Apr 2018
Lenskart (2010, Delhi, $143M)
Online + Offline eyewear brand
TR Capital
Series D Mar 2017
Modanisa (2010, Istanbul, $8.5M)
Online Fashion Retailer of Islamic wear
STC Ventures, Wamda Capital
Series C Feb 2018
Indochino (2006, Vancouver, $47.6M)
Internet-first brand of custom tailored menswear
Mitsui & Co
LATE STAGE
Series C Apr 2017
BaubleBar (2010, New York City, $35.6M)
Internet-first brand of jewelry
Trinity Capital Investment
Series C Jan 2017
Berrybenka.com (2011, Jakarta, $5M)
Online fashion and beauty store for women and men
Maj Invest, Asia Summit Capital
Series C Mar 2018
FashionValet (2010, Kuala Lumpur, $158k)
Onmnichannel platform for fashion accessories
Khazanah
EARLY STAGE
$140M - Series B Apr 2017
James Allen (2006, New York City, $165M)
Internet-first brand of jewelry
Francisco Partners
$56M - Series A Oct 2016
Hawkers (2013, Elche, $56M)
Vertically integrated online first brand of eyewear
$45M - Series B Jan 2018
NA-KD.com (2015, Gothenburg, $66.1M)
Online fashion retailer
Partech Ventures, MADE.COM, Northzone, eEquity,
FJ Labs, Filip Engelbert, Jonas Nordlander
$40M - Series B Jun 2016
Modern Meadow (2011, Brooklyn, $53.5M)
Developing leather using cellular agriculture
Horizons Ventures, Iconiq Capital, ARTIS Ventures,
Temasek, Red Swan Ventures, Collaborative Fund,
Breakout Ventures
37. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201837
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Fashion Tech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Fashion Tech; May 2016-May 2018
Notable Investments in last 24 months (5/10)
EARLY STAGE
$27M - Series B Aug 2017
Sale Stock (2014, Jakarta, $27M)
Internet-first brand of multi-category fashion
products
Gobi Partners, Alpha JWC Ventures, Convergence
Ventures, Golden Equator Capital
$25M - Series B Jul 2016
True Fit (2005, Woburn, $105M)
Fit Personalization Software
Jump Capital, Signal Peak, Intel Capital
$25M - Series B Feb 2017
Goat (2015, Los Angeles, $99.4M)
Marketplace to buy and sell sneakers
Accel Partners, Matrix Partners, Upfront Ventures,
Webb Investment Network
$25M - Series B Dec 2017
Reformation (2009, Los Angeles, $37M)
Internet-first brand of women apparel
Stripes Group, 14W
EARLY STAGE
$23.7M - Series B Jun 2016
Voonik (2013, Bangalore, $36.6M)
Personal-stylist led online marketplace for fashion
Sequoia Capital, Seedfund, Beenos, Beenext, Kunal
Shah, Times Internet, RB Investments, Sandeep
Tandon
$22.5M - Series B Jun 2017
INTURN (2013, New York City, $38.8M)
Marketplace to sell excess inventory
B Capital Group, Beanstalk Venture, Forerunner
Ventures, Lerer Hippeau Ventures, Coach
$20M - Series B May 2017
Away (2015, New York City, $31M)
Internet-first direct-to-consumer luggage brand
Global Founders Capital, Forerunner Ventures,
Comcast Ventures, Accel Partners
EARLY STAGE
$18M - Series B Sep 2017
Zilingo (2015, Singapore, $82M)
Digital marketplace for fashion
Sequoia Capital, Burda Principal Investments,
Beenext, Venturra Capital, SIG, Wavemaker Partners,
Tim Draper, Manik Arora
$18M - Series A Sep 2016
Dia (2014, New York City, $18M)
Online personal stylist-driven platform to buy
fashion apparel
Sequoia Capital
$17.5M - Series B Sep 2017
Allbirds (2015, San Francisco, $29.7M)
Internet first brand of shoes
Tiger Global Management, Lerer Hippeau Ventures,
Maveron
38. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201838
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Fashion Tech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Fashion Tech; May 2016-May 2018
Notable Investments in last 24 months (6/10)
EARLY STAGE
$16.5M - Series A Mar 2017
Hubble Contacts (2016, New York City, $33.7M)
Internet first brand and subscription service of
contact lenses
FirstMark, Greycroft Partners, Two River, Wildcat
Capital Management
$15.9M - Series B Jun 2016
JUNIQE (2014, Berlin, $22.2M)
Online marketplace for independent designers
Highland Europe, High-Tech Grunderfonds,
Redalpine, Vorwerk
$15M - Series B Aug 2016
Goop (2008, New York City, $82M)
Weekly lifestyle publication and e-commerce shop
New Enterprise Associates, Felix Capital, 14W
$15M - Series A Jan 2018
Carbon38 (2012, Los Angeles, $26M)
Fitness apparel retailer and private label luxury
brand
Foot Locker
EARLY STAGE
$14.7M - Series A Jan 2017
NA-KD.com (2015, Gothenburg, $66.1M)
Online fashion retailer
Northzone, eEquity
$13M - Series B Jul 2016
Outdoor Voices (2013, Austin, $65.5M)
Internet-first brand of activewear
General Catalyst Partners, Forerunner Ventures,
Collaborative Fund, 14W
$13M - Series B Feb 2018
Love Bonito (2006, Singapore, $13M)
Internet-first brand of women's wear
Kakaku.com, NSI Ventures
$10M - Series A Aug 2017
Hubble Contacts (2016, New York City, $33.7M)
Internet first brand and subscription service of
contact lenses
FirstMark, Greycroft Partners, Founders Fund, Two
River, Wildcat Capital Management
EARLY STAGE
$9M - Series B Aug 2017
Outdoor Voices (2013, Austin, $65.5M)
Internet-first brand of activewear
Walter Robb, General Catalyst Partners, Forerunner
Ventures, Collaborative Fund, 14W
$9M - Series A Jan 2017
Eleven James (2013, New York City, $10.5M)
Online luxury watch rental service
$8.5M - Series A Sep 2016
Away (2015, New York City, $31M)
Internet-first direct-to-consumer luggage brand
Forerunner Ventures, Accel Partners, Comcast
Ventures, Global Founders Capital
$8M - Series B Feb 2017
Wooplr (2013, Bangalore, $13.8M)
Social fashion discovery and commerce platform
Sistema, Amereus, Helion Venture Partners
39. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201839
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Fashion Tech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Fashion Tech; May 2016-May 2018
Notable Investments in last 24 months (7/10)
EARLY STAGE
$8M - Series A Sep 2016
Zilingo (2015, Singapore, $82M)
Digital marketplace for fashion
Venturra Capital, Sequoia Capital, Beenext,
Wavemaker Partners, Digital Garage, SIG, Beenos
$7.2M - Series A Jul 2016
Allbirds (2015, San Francisco, $29.7M)
Internet first brand of shoes
Maveron, Lerer Hippeau Ventures, Slow Ventures
$7.2M - Series A Nov 2016
Hubble Contacts (2016, New York City, $33.7M)
Internet first brand and subscription service of
contact lenses
Greycroft Partners, Founders Fund, Two River,
Wildcat Capital Management
$6.2M - Series B May 2017
Zigzag (2015, Seoul, $9.2M)
Mobile fashion metasearch service
Altos Ventures Capital, Stonebridge Capital
EARLY STAGE
$6M - Series B Feb 2017
Voonik (2013, Bangalore, $36.6M)
Personal-stylist led online marketplace for fashion
RB Investments, Sequoia Capital, Beenext
$6M - Series B Sep 2016
TrueFacet (2013, New York City, $10.5M)
Online marketplace for pre-owned fashion
accessories
Maveron, Social Leverage, Founders' Co-op, Trilogy
Equity Partners, Liquid 2 Ventures, Freestyle Capital
$6M - Series B Jun 2016
PrettySecrets (2011, Mumbai, $8.8M)
Online-first private label lingerie brand
RB Investments, Orios Venture Partners
$5.8M - Series A Jun 2016
Thread (2012, London, $16.1M)
Personal stylist service for men
Balderton Capital, Edgar Bronfman, Shakil Khan, Guy
Hipwell, ProVen VCTs, Andrew Jennings
EARLY STAGE
$5.5M - Series A Jun 2016
Try Technologies (2012, San Francisco, $7.8M)
Try and buy for online fashion
$5.3M - Series A Aug 2016
FlyRobe (2015, Mumbai, $6.8M)
Mobile app for fashion rentals
Sequoia Capital, Gree Ventures, IDG Ventures India,
Vijay Shekhar Sharma
$5M - Series B Mar 2017
Brayola (2011, Tel Aviv, $9M)
Online retailer and personalized recommendation
platform of innerwear for women
Shahar Waiser, Haim Dabah, Nir Tarlovsky, Ilan
Shiloah, Jonathan Benartzi
$5M - Series A Aug 2016
Goat (2015, Los Angeles, $99.4M)
Marketplace to buy and sell sneakers
Matrix Partners, Upfront Ventures
40. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201840
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Fashion Tech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Fashion Tech; May 2016-May 2018
Notable Investments in last 24 months (8/10)
EARLY STAGE
$4M - Series A Jul 2016
NA-KD.com (2015, Gothenburg, $66.1M)
Online fashion retailer
Lena Apler
$3.1M - Series A Jun 2016
Mon Purse (2013, Paddington, $3.9M)
Custom designed handbag tailor made in Europe
Macdoch Ventures
$3M - Series A May 2017
Melorra (2015, Bangalore, $8M)
Mobile-first jewellery brand
Lightbox Ventures
$2.7M - Series A Feb 2018
Mallzee (2012, Edinburgh, $8M)
Personalised & social apparel shopping app
South Indian Bank, Par Equity, Equity Gap, London &
Scottish Investment Partners
EARLY STAGE
$2.5M - Series A Apr 2017
Cortexica (2008, London, $8.5M)
Visual search and image recognition technology for
the retail fashion
Touchstone Innovations
$1.1M - Series B Dec 2017
Voonik (2013, Bangalore, $36.6M)
Personal-stylist led online marketplace for fashion
RB Investments, Seedfund, Sequoia Capital
$700k - Series B May 2017
Yepme (2011, Gurgaon, $89.1M)
Internet-first brand of men’s and women's garments
and accessories
Loan Saathi
$500k - Series A Jul 2016
American Giant (2011, San Francisco, $11.1M)
Internet-first brand of apparel
$100k - Series A Jun 2016
Eleven James (2013, New York City, $10.5M)
Online luxury watch rental service
EARLY STAGE
$100k - Series B Mar 2018
Voonik (2013, Bangalore, $36.6M)
Personal-stylist led online marketplace for fashion
Sequoia Capital
Series B Jun 2016
True Fit (2005, Woburn, $105M)
Fit Personalization Software
BYU Cougar Capital
Series B May 2017
Yepme (2011, Gurgaon, $89.1M)
Internet-first brand of men’s and women's garments
and accessories
Golakdas Exports
Series B Jun 2017
Frank & Oak (2012, Montreal, $39.8M)
Internet-first brand of multi-category fashion
products
Goodwater Capital
41. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201841
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Fashion Tech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Fashion Tech; May 2016-May 2018
Notable Investments in last 24 months (9/10)
EARLY STAGE
Series B Jan 2018
ELOQUII (2014, Columbus, $23.3M)
Internet-first brand of multi-category fashion
products for women
Halogen Ventures
Series B Mar 2017
Rhone Apparel (2012, New York City, $16.5M)
Internet first brand of mens' activewear
L Catterton
Series A Jun 2016
Love Bonito (2006, Singapore, $13M)
Internet-first brand of women's wear
NSI Ventures
Series A Jul 2017
Rocksbox (2012, San Francisco, $10.2M)
Designer Jewelry Monthly Rentals
OPT Ventures
EARLY STAGE
Series A Aug 2016
LookLive (2011, Amsterdam, $2.2M)
Shopping products appearing within TV shows
Y Combinator
SEED STAGE
$4.8M - Seed Jun 2016
Snupps (2011, London, $9.8M)
Mobile app to organize, discover and share one's
belongings
$1.9M - Seed Jul 2016
Buying Show (2015, Berlin, $1.9M)
B2B Buying Network for fashion brands & retailers
Global Founders Capital, DN Capital, Target Global
$1.6M - Seed Jul 2016
FlyRobe (2015, Mumbai, $6.8M)
Mobile app for fashion rentals
Sequoia Capital, Zishaan Hayath, Kunal Bahl, Rohit
Bansal, Kunal Shah
$1.4M - Seed Nov 2017
Cinematique (2013, New York City, $6.8M)
Touchable video platform
$1.1M - Angel Jun 2016
Shoes DSire (2013, Aventura, $1.1M)
Visual search platform for shoes
42. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201842
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Fashion Tech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Fashion Tech; May 2016-May 2018
Notable Investments in last 24 months (10/10)
SEED STAGE
$918k - Seed Oct 2016
Tizkka (2013, Mexico City, $2.1M)
Online fashion community to discover latest trends
$800k - Seed May 2016
Tizkka (2013, Mexico City, $2.1M)
Online fashion community to discover latest trends
OnVentures, Capital Invent
$693k - Angel Nov 2017
StyleCracker (2012, Mumbai, $1.7M)
Personal stylist led fashion e-commerce portal
$564k - Seed Sep 2017
Fashalot (2015, Bangalore, $1M)
Cloud-based pre-sales analytics platform for
retailers and rewards platform for users
Capillary Tech, YourNest, Whiteboard Capital, Rajul
Garg, Deven Laxmichand Dedhia
$119k - Angel Jul 2016
20Dresses (2012, Mumbai, $1.3M)
Online private label fashion retail platform for
members only personalized shopping
SEED STAGE
$90k - Seed Jun 2016
Cranberry CHIC (2012, Santiago, $490k)
Social discovery platform for fashion
Start-Up Chile
$89k - Seed May 2016
Hoppingo (2014, Delhi, $181k)
Product discovery platform
Vcommission Media
Angel Apr 2017
Wooplr (2013, Bangalore, $13.8M)
Social fashion discovery and commerce platform
Ankit Nagori
Angel Dec 2016
Wooplr (2013, Bangalore, $13.8M)
Social fashion discovery and commerce platform
Anand Chandrasekaran
Seed Jun 2016
Buying Show (2015, Berlin, $1.9M)
B2B Buying Network for fashion brands & retailers
Cavalry Ventures
43. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201843
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Fashion Tech > Investment Trends > Notable Investments in last 24 months in China
Major funding rounds by Stage in Fashion Tech; May 2016-May 2018
Notable Investments in last 24 months in China
LATE STAGE
$63.8M - Series C Aug 2016
Xiaohongchun (2014, Beijing, $63.8M)
Community for women to share content
Huace Media
$50M - Series C Sep 2017
Ycloset (2015, Beijing, $80M)
Online P2P fashion rental platform
Alibaba Group, SB China Capital, Sequoia China,
Panlin Capital, , ZhenFund, GSR Ventures, Wang
Gang, IDG Capital
$50M - Series C Jan 2018
91xinshang (2014, Beijing, $53.3M)
Online consignment platform for luxury fashion
producs
JOY CAPITAL, GGV Capital, Northern Light Venture
Capital
LATE STAGE
$30M - Series C Jul 2017
Lianshang (2015, Shanghai, $52.8M)
B2B platform for procuring fabrics
China Renaissance, Feng Shang capital, China
Growth Capital, IDG Capital
PE Jul 2016
Handu (2006, Jinan, $22M)
Internet-first brand of apparel
EARLY STAGE
$28.9M - Series B Mar 2017
Tidebuy (2010, Beijing, $28.9M)
Online retailer of Chinese fashion goods outside of
China
Sinowisdom, Asia Business Capital, Infinity Group
$24.5M - Series B Aug 2017
Baibu (2013, Guangzhou, $26.1M)
B2B fabric trading platform
Yunqi Partners, Chengwei Capital, Source Code
Capital
$22M - Series A Mar 2018
Loook App (2016, Beijing, $24.1M)
Online product discovery platform for fashion
related products
GGV Capital, Feng Shang capital, Ceyuan Investment
Consulting, ,
44. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Most Active Investors (VC, PE) by Stage in Fashion Tech; Last 5 years (May 2013-May 2018)
Most Active VC & PE Investors
44
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Fashion Tech > Investment Trends > Most Active VC & PE Investors
SEED STAGE
Index Ventures(7 Investments)
Wool and The Gang, Makers Row, Trouva
1
Lerer Hippeau Ventures(6 Investments)
Le Tote, The Black Tux, INTURN
2
New Enterprise Associates(6 Investments)
Cotopaxi, Sundar, FINERY
3
Right Side Capital Management(5
Investments)
FindMeAShoe, Savitude, Thread Genius
4
Andreessen Horowitz (4 Investments)
Le Tote, Vastrm, Union Station
5
Burch Creative Capital (4 Investments)
Outdoor Voices, Claire, Solid
6
Dorm Room Fund (4 Investments)
DAGNE DOVER, Glass U, Harper wilde
7
East Ventures(4 Investments)
Shopdeca.com, Shoppr, Orori
8
First Round Capital (4 Investments)
The Black Tux, Ringly, Raden
9
FJ Labs (4 Investments)
Chrono24, Wheretoget, DAGNE DOVER
10
EARLY STAGE
FJ Labs (5 Investments)
Videdressing, NA-KD.com, Tienda Nube
1
Greycroft Partners (5 Investments)
Shoes of Prey, WhoWhatWear, Hubble Contacts
2
360 Capital Partners (4 Investments)
21 Buttons, SoJeans, Le Slip Francais
3
Andreessen Horowitz (4 Investments)
ThirdLove, Teespring, Twice
4
Accel Partners (4 Investments)
Vinted, Goat, M.Gemi
5
Forerunner Ventures(4 Investments)
Outdoor Voices, M.Gemi, Draper James
6
Global Founders Capital (4 Investments)
Craftsvilla, Videdressing, Away
7
Khosla Ventures(4 Investments)
Shoes of Prey, The Hunt, Teespring
8
Sequoia Capital (4 Investments)
Craftsvilla, Voonik, Modern Meadow
9
14W (3 Investments)
Goop, Outdoor Voices, Reformation
10
LATE STAGE
Temasek(3 Investments)
Farfetch, Poshmark, Bolt Threads
1
Access Industries (2 Investments)
Lamoda, Zalora
2
Cross Creek Advisors(2 Investments)
Poshmark, True Fit
3
DBL Partners (2 Investments)
The RealReal, Ruby Ribbon
4
Eurazeo(2 Investments)
Farfetch, Vestiaire Collective
5
GGV Capital(2 Investments)
Poshmark, Misfit Wearables
6
Idinvest Partners (2 Investments)
Vestiaire Collective, Menlook
7
Index Ventures(2 Investments)
Goat, Navabi
8
L Catterton(2 Investments)
John Hardy, Sweaty Betty
9
Octopus Ventures(2 Investments)
Outfittery, ChroNext
10
45. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201845
Fashion Tech > Investment Trends > Most Active Ecosystem Investors
Top Ecosystem Investors in Fashion Tech; Last 5 years (May 2013-May 2018)
Most Active Ecosystem Investors
INCUBATOR
500 Startups(40 Investments)
Le Tote, MeUndies, Pomelo Fashion
1
Techstars(15 Investments)
TrueFacet, Sundar, Unmade
2
Y Combinator(14 Investments)
Le Tote, Bluesmart, Vida
3
Plug and Play Tech Center(12
Investments)
StylePuzzle, Caeden, Cityblis
4
Fashion Technology Accelerator(10
Investments)
Jewelise, Deo Veritas, JewelPiX
5
SOSV(8 Investments)
Adore Me, Trendy Butler, Made To Fit Me
6
HDS Capital(7 Investments)
Brayola, ELOQUII, Stylitics
7
Rocket Internet(7 Investments)
Dafiti, Lamoda, Jabong
8
StartupRunner(5 Investments)
HELM Boots, Jonas Paul Eyewear, Sseko Designs
9
Incubate Fund (4 Investments)
Lifestyle Design, Retro, Brilliance
10
OTHER NOTABLE INVESTORS
Crowdcube(9 Investments)
A Suit That Fits, La Mas Mona, Vivobarefoot
1
Grace Beauty Capital(8 Investments)
Warby Parker, Chloe and Isabel, ThirdLove
2
Indian Angel Network(7 Investments)
FabAlley, GoCoop, ShoeKonnect
3
Mumbai Angels(7 Investments)
Yogasmoga, Exclusively, Klip
4
Wayra(6 Investments)
La Mas Mona, Stylefinch, Shopliment
5
Asia Venture Group(5 Investments)
Lesara, StalkBuyLove, WearYouWant
6
Fidelity Investments(5 Investments)
Moda Operandi, Rent The Runway, Goop
7
H-Farm (5 Investments)
Stylenda, Glix, Makoo
8
New York Angels(5 Investments)
Keaton Row, Body Labs, TheRunthrough
9
NXTP Labs(5 Investments)
Tienda Nube, Bluesmart, Femeninas
10
DEBT INVESTORS
Western Technology Investment(15
Investments)
JustFab, Bonobos, Frank & Oak
1
Kreos Capital(9 Investments)
Mister Spex, Glasses Direct, Figleaves
2
InnoVen Capital(6 Investments)
Myntra, BlueStone, Voonik
3
Pinnacle Ventures(5 Investments)
JustFab, Bonobos, ModCloth
4
Silicon Valley Bank(2 Investments)
Beyond The Rack, MyOptique Group
5
Trifecta Capital(2 Investments)
FabAlley, StalkBuyLove
6
Trinity Capital Investment(2 Investments)
JustFab, BaubleBar
7
Eastward Capital Partners
Rocksbox
8
LunaCap Ventures
Paul Evans
9
Oliphans Capital
XSTOK
10
46. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201846
Fashion Tech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (1/8)
47. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201847
Fashion Tech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (2/8)
48. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201848
Fashion Tech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (3/8)
49. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201849
Fashion Tech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (4/8)
50. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201850
Fashion Tech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (5/8)
51. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201851
Fashion Tech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (6/8)
52. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201852
Fashion Tech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (7/8)
53. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201853
Fashion Tech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (8/8)
54. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201854
Fashion Tech > Investment Trends > Unicorn Investors in the Sector
Unicorn Investors in the Sector
55. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
55
BlueBox
Key Sub Sectors
Detailed Sector Taxonomy
Top Markets of Investment Activity
Top Markets of Early Stage Investors
Other Notable Markets
Market Deep Dive
56. Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
Home Improvements
Apr 2018
Internet First Brands
Apr 2018
Second Hand Goods
Apr 2018
57. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
May 2018Tracxn BlueBox – Fashion Tech
57
Fashion Tech > Market Details > BlueBox
58. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Key Sub Sectors
58
Key Sub Sectors in Fashion Tech
Market Top Companies
# Cos
Tracked
#
Funded
Total
Funding
B2C Commerce
Companies that facilitate online commerce of fashion apparel and accessories
Gilt (2007, New York City, Acquired)
Farfetch (2008, London, $709M)
6003 1294 $10.6B
Second Hand
Companies dealing in second hand fashion products
Portero (2004, New York City, Acquired)
Poshmark (2011, Menlo Park, $203M)
320 105 $1.2B
Enablers
Companies offering tech solutions focussed on fashion industry across the value chain.
Includes ERP, e-commerce enablers, marketing etc
Fits.me (2009, London, Acquired)
True Fit (2005, Woburn, $105M)
285 112 $509M
Innovative Materials
Companies providing innovative textiles and products for the fashion industry
Bolt Threads (2009, Emeryville, $214M)
Spiber (2007, Tsuruoka, $132M)
13 8 $402M
Rentals
Companies offering fashion on a rental mode. Operations would have reverse logistics.
Menguin (2011, Fayetteville, Acquired)
Rent The Runway (2009, New York City,
$210M)
203 35 $399M
B2B Platforms
B2B retail companies that deal in fashion products
Zitra (2011, Cologne, Acquired)
INTURN (2013, New York City, $38.8M)
133 34 $76.3M
Content Platform
Fashion focussed content platforms
StyleHaul (2010, Los Angeles, Acquired)
Chic.tv (2006, New York City, $500k)
39 10 $33.3M
Community
Online communities for fashion enthusiasts
Chick Approved (2010, San Francisco,
Acquired)
21 Buttons (2015, Barcelona, $13.2M)
26 4 $13.7M
B2C Services
Companies that engage in providing fashion related services to consumers or businesses
Style for Hire (2010, Brooklyn, $2.6M)
Glamhive (2013, Seattle, $946k)
56 9 $4.1M
Fashion Tech > Market Details > Key Sub Sectors
59. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Detailed Sector Taxonomy (1/17)
59
Fashion Tech > Market Details > Detailed Sector Taxonomy
60. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Detailed Sector Taxonomy (2/17)
60
Fashion Tech > Market Details > Detailed Sector Taxonomy
61. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Detailed Sector Taxonomy (3/17)
61
Fashion Tech > Market Details > Detailed Sector Taxonomy
62. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Detailed Sector Taxonomy (4/17)
62
Fashion Tech > Market Details > Detailed Sector Taxonomy
63. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Detailed Sector Taxonomy (5/17)
63
Fashion Tech > Market Details > Detailed Sector Taxonomy
64. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Detailed Sector Taxonomy (6/17)
64
Fashion Tech > Market Details > Detailed Sector Taxonomy
65. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Detailed Sector Taxonomy (7/17)
65
Fashion Tech > Market Details > Detailed Sector Taxonomy
66. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Detailed Sector Taxonomy (8/17)
66
Fashion Tech > Market Details > Detailed Sector Taxonomy
67. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Detailed Sector Taxonomy (9/17)
67
Fashion Tech > Market Details > Detailed Sector Taxonomy
68. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Detailed Sector Taxonomy (10/17)
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Fashion Tech > Market Details > Detailed Sector Taxonomy
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Detailed Sector Taxonomy (11/17)
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Fashion Tech > Market Details > Detailed Sector Taxonomy
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Detailed Sector Taxonomy (12/17)
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Detailed Sector Taxonomy (13/17)
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Detailed Sector Taxonomy (14/17)
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Detailed Sector Taxonomy (15/17)
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Detailed Sector Taxonomy (16/17)
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Detailed Sector Taxonomy (17/17)
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Fashion Tech > Market Details > Detailed Sector Taxonomy
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Rank Market
Last 2 Years
$ Invested # Round Top Funded Company
1
(-)
Second Hand > Multi-category > Commission-based Marketplace
Asset-light platforms connecting sellers with consumers and generally monetize through commissions
and advertisements
(Companies covered 68 | Funded 37 | Total Funding $402M)
$186M
(+$44.4M)
20
(+2)
Poshmark
(2011, Menlo Park, $203M)
2
(+3)
B2C Commerce > Multi-category > Marketplace > Designer
Online marketplaces of designer fashion products
(Companies covered 93 | Funded 35 | Total Funding $758M)
$526M
(+$422M)
9
(-2)
Farfetch
(2008, London, $709M)
3
(+3)
B2C Commerce > Accessories > Eyewear > Internet-first brands
Direct to consumer brands selling eyewear
(Companies covered 69 | Funded 28 | Total Funding $510M)
$174M
(+$61.6M)
12
(+3)
Warby Parker
(2010, New York City, $300M)
4
(-1)
B2C Commerce > Footwear > Internet-first brands
Direct to consumer brands selling footwear
(Companies covered 151 | Funded 41 | Total Funding $137M)
$76.5M
(+$21.3M)
15
(-8)
Allbirds
(2015, San Francisco, $29.7M)
5
(+4)
B2C Commerce > Apparel > Internet-first Brands > Sportswear
Internet-first brands of sportswear
(Companies covered 100 | Funded 31 | Total Funding $140M)
$78.9M
(+$48.2M)
11
(-1)
Outdoor Voices
(2013, Austin, $65.5M)
6
(+9)
Second Hand > Footwear > Commission-based Marketplace
P2P listings platforms with payment on portal and logistics services
(Companies covered 11 | Funded 6 | Total Funding $106M)
$96M
(+$96M)
7
(+5)
Goat
(2015, Los Angeles, $99.4M)
7
(-)
Second Hand > Multi-category > Consignment > Luxury
Consignment platforms offering luxury products
(Companies covered 41 | Funded 13 | Total Funding $285M)
$73M
(-$15.6M)
7
(-4)
The RealReal
(2011, Tiburon, $173M)
76
Note: The numbers in the bracket represent the change in a 2 year period.
Top Markets of Investment Activity (1/3)
Top Markets by Funding in Fashion Tech in last 2 years (May 2016 - April 2018)
Fashion Tech > Market Details > Top Markets of Investment Activity
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Top Markets of Investment Activity (2/3)
Fashion Tech > Market Details > Top Markets of Investment Activity
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Top Markets of Investment Activity (3/3)
Fashion Tech > Market Details > Top Markets of Investment Activity
79. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Rank Market # Investments Key Investments
1
Enablers > Commerce > Fitting Solutions > Online Stores
Companies providing virtual fitting services to online companies
(Companies created 12 | Funded 3 | Total Funding $108M )
1 True Fit (2005, Woburn, $105M)
2
Second Hand > Footwear > Commission-based Marketplace
P2P listings platforms with payment on portal and logistics services
(Companies created 11 | Funded 6 | Total Funding $106M )
1 Goat (2015, Los Angeles, $99.4M)
3
B2C Commerce > Accessories > Eyewear > Internet-first brands
Direct to consumer brands selling eyewear
(Companies created 69 | Funded 28 | Total Funding $510M )
1 Hubble Contacts (2016, New York City,
$33.7M)
Note: Investors considered - Sequoia Capital, Accel Partners, Andreessen Horowitz, NEA, Greylock Partners, General Catalyst Partners, Benchmark Capital, KPCB, Khosla Ventures, Redpoint Ventures, Founders Fund, SV Angel, Index Ventures, Bessemer
Venture Partners, Lightspeed Venture Partners, Venrock, Draper Fisher Jurvetson, Institutional Venture Partners, Intel Capital, Battery Ventures
79
Top Markets of Early Stage Investors
Top Markets where Early Stage Investors are investing in last 2 years (May 2016 - April 2018)
Fashion Tech > Market Details > Top Markets of Early Stage Investors
80. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Incubators 500 Startups (#2), Techstars (#2)
Seed First Round Capital (#1), Forerunner Ventures (#1)
Series A/B Menlo Ventures (#1), Inventus Capital Partners (#1)
Series C+ Temasek (#1), Cross Creek Advisors (#1)
None
$250k - Seed
TPH Marketplace (2016, Stockholm,
$250k)
$1M - Seed
CoutLoot (2015, Mumbai, $1M)
$1.9M - Seed
Spoyl (2015, Hyderabad, $3.6M)
$120k - Seed
Bump (2016, Hayes, $120k)
$87.5M - Series D
Poshmark (2011, Menlo Park, $203M)
$1.2M - Seed
United Wardrobe (2013, Utrecht,
$1.2M)
$928k - Seed
Elanic (2014, Bangalore, $1.6M)
$45k - Seed
Dabchy (2016, Tunis, $45k)
$50M - Series E
Poshmark (2011, Menlo Park, $203M)
Seed
CoutLoot (2015, Mumbai, $1M)
$2M - Series B
ModaCruz (2014, Istanbul, $3M)
Apr 2018
TPH raises a Seed round to ride the vintage clothing wave,
TechCrunch
Apr 2018 Tradesy's ready to organize your closet, The Business Journals
Apr 2018
Coutloot raises $1 million in Pre-Series A funding from
Jadevalue Fintech,others, TechStory
Apr 2018
Tradesy Acquires Fitz And Announces Tradesy Closet
Concierge, PR Newswire
Feb 2018
Bump is a peer-to-peer marketplace for streetwear,
Technology News Article
Nov 2017
Voice-Enabled Tool Via Poshmark Connects Buyers And
Sellers In Real Time, PYMNTS
Nov 2017
Poshmark builds a styling tool for Amazon's Alexa-powered
devices, DigitalCommerce360
Nov 2017
Online fashion startup Poshmark raises $87.5 million from
Temasek, Reuters
Nov 2017
Second-hand fashion marketplace United Wardrobe raises
€1 million, Tech.eu
Oct 2017
Japan's Digital Garage backs Bengaluru-based Elanic,
Indiatimes
Aug 2017
Second-hand online retailer Poshmark in talks to raise
funding , The Business Times
Aug 2017
Venture Catalysts facilitates investment in fashion re-
commerce platform CoutLoot, Business Line
Jul 2017
Exclusive: Pre-owned fashion marketplace Elanic buys P2P
kids wear portal, VCCircle
Jun 2017
Alabbar-backed MEVP invests in e-commerce venture for
women's fashion, Arabian Business
News
0
2
4
6
8
10
12
$0k
$20M
$40M
$60M
$80M
$100M
$120M
$140M
$160M
2014 2015 2016 2017 2018
YoY Funding Rounds
-
4
8
37
68
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Second Hand > Multi-category > Commission-based Marketplace: Market Factsheet
Market: Commission-based Marketplace
80
Exits
Most Active Investors
Recent Investments
YoY Funding and Rounds
Asset-light platforms connecting
sellers with consumers and
generally monetize through
commissions and advertisements
Poshmark
(2011, Menlo Park, $203M)
Tradesy
(2012, Santa Monica, $77.6M)
Vinted
(2008, Vilnius, $60.6M)
Videdressing
(2009, Paris, $13M)
Top Companies
#1 Top Markets of Investment Activity
Fashion Tech > Market Details > Market: Commission-based Marketplace
Companies Created 68 | Funded 37 | Total Funding $402M
81. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201881
Second Hand > Multi-category > Commission-based Marketplace: Top Companies
Market: Commission-based Marketplace
Fashion Tech > Market Details > Market: Commission-based Marketplace
#1 Top Markets of Investment Activity
Analyst’s Pick
Poshmark (2011, Menlo Park, $203M)
Mobile first P2P marketplace for fashion products
Soonicorn. Stage: Series E
Temasek, Mayfield, Menlo Ventures and 13 Other
Investors
Tradesy (2012, Santa Monica, $77.6M)
Mobile based P2P marketplace to buy and sell
clothing items
Soonicorn. Stage: Series C
Wildcat Capital Management, KPCB, Rincon Venture
Partners and 13 Other Investors
Vinted (2008, Vilnius, $60.6M)
Social pre-loved fashion marketplace
Soonicorn. Stage: Series C
Accel Partners, Insight Venture Partners, Hubert
Burda Media
Elanic (2014, Bangalore, $1.6M)
Mobile based P2P marketplace to buy and sell
fashion products
Editor's Pick. Stage: Seed
DG Incubation, Beenos, Beenext and 6 Other
Investors
Analyst’s Pick
CoutLoot (2015, Mumbai, $1M)
P2P marketplace of pre-owned fashion products
Editor's Pick. Stage: Seed
Artha India Ventures, Venture Catalysts, JadeValue
FinTech and 5 Other Investors
Refash (2015, Singapore, $294k)
Online store for pre-loved women's wear
Editor's Pick. Stage: Seed
Tri5 Ventures, TBV Capital
82. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Note: Overall Rating is a combination of Funding and Team rating, along with Execution, Size and Growth metrics
82
Second Hand > Multi-category > Commission-based Marketplace: Leaderboard
Market: Commission-based Marketplace
Fashion Tech > Market Details > Market: Commission-based Marketplace
#1 Top Markets of Investment Activity
Better than Market Average
Overall
Rating
Company
Name
Foun
ded
Year
Location Stage Funding Team
Execution Quality Size Metrics 6M Growth Metrics
App
Rating
App
UX
Web
UX
News
Web
Traffic
Rank
Social
Follow
ing
Mobile
Downl
oads
# App
Revie
ws
Web Traffic
Rank
Mobile
Downloads
Social
Following
Δ % Δ % Δ %
5.0 Tradesy 2012
Santa
Monica
Series C $78M - 4 - - 6 18k 8.4k 300k 2.9k 2k 9% - - 4 -
4.9 ModaCruz 2014 Istanbul Series B $3M - 4 - - 2 82k 5.4k 780k 6.3k -4k -4% - - 56 1%
4.8 Videdressing 2009 Paris Series B $13M - 3 - - 1 41k 9.4k 300k 966 6k 16% - - 300 3%
4.7 Poshmark 2011 Menlo Park Series E $203M - 4 - - 17 3k 97k 30M 60.3k -1k -16% - - - -
4.6 Trendier 2016 Mexico City Seed - - 4 5 4 - 376k 714 300k 728 8k 2% - - 169 31%
4.5 Vinted 2008 Vilnius Series C $61M - 4 - - 4 81k 4.9k 6.9M 96.4k -2k -2% - - - -
4.4
United
Wardrobe
2013 Utrecht Seed $1M - 4 - - 1 68k 1.5k 750k 1.5k -59k -47% - - 112 8%
4.3 Elanic 2014 Bangalore Seed $2M - 4 - - 2 738k 452 3M 9k 109k 17% - - - -
4.2 Spoyl 2015 Hyderabad Seed $4M - 4 - - - 486k 426 750k 5.4k 139k 40% - - -15 -3%
4.1 Klubok 2000
Dnipropetr
ovsk
Unfunded - - 4 - 3 - 19k 58 30k 1.5k -1k -4% - - 4 7%
4.0
The Next
Closet
2013 Amsterdam Seed $1M - 3 - - - 659k 477 3k 17 120k 24% - - 29 6%
3.9 Pretachanger 2012 Nimes Seed $824K - 4 - - - 2.2M 2.1k 30k 917 790k 63% - - -35 -2%
3.8 CoutLoot 2015 Mumbai Seed $1M - 4 - - 5 411k 373 300k 1.3k 138k 49% - - -33 -8%
3.7 Chicfy 2013 Espana Seed $493K - 4 - - - 65k 4.6k 750k 10.5k -1k -1% - - -22 -
3.6 Trendsales 2002
Copenhage
n
Acquired - - 2 - - - 108k 7 30k 357 27k 34% - - 1 7%
83. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Incubators Y Combinator (#1), 500 Startups (#1)
Seed Andreessen Horowitz (#1), Greylock Partners (#1)
Series A/B Index Ventures (#1), E.ventures (#1)
Series C+ Chanel (#1), Jingdong Group (#1)
None
Series G
Farfetch (2008, London, $709M)
Seed
Not Just a Label (2008, London)
Seed
Butikgez (2016, Istanbul)
$397M - Series G
Farfetch (2008, London, $709M)
Series B
Miinto Group (2009, Copenhagen,
$6M)
$3M - Series A
Jaypore (2011, Delhi, $7.9M)
$15.9M - Series B
JUNIQE (2014, Berlin, $22.2M)
Seed
Foray Collective (2015, Boston)
$110M - Series F
Farfetch (2008, London, $709M)
$4.3M - Series A
Jaypore (2011, Delhi, $7.9M)
$150k - Angel
RocknShop (2013, Delhi, $150k)
Apr 2018
Farfetch launches Start-Up Technology Accelerator: 'Dream
Assembly', FashionUnited
Apr 2018
Southeast Asia fashion startup Zilingo continues its meteoric
rise with $54M Series C, TechCrunch
Mar 2018
Jaypore sets aside Rs 10 crore for offline expansion,
Indiatimes
Mar 2018
Farfetch signs partnership with Harvey Nichols as £4bn IPO
plans move forward, City A.M.
Mar 2018
France's Chanel acquires minority stake in UK's Farfetch,
Fibre2Fashion
Mar 2018
Flush with cash, Farfetch steps up US marketing for its
online luxury mall, DigitalCommerce360
Feb 2018
Chanel, Farfetch pair up for digital push at fashion label's
stores, Reuters
Feb 2018
Farfetch reportedly developing in-store mobile features,
Retail Dive
Feb 2018
Farfetch signs partnership with Chalhoub to build leading
luxury platform in the Middle East, theindustry.fashion
Jan 2018
Farfetch gears up for fashion store of the future, Fashion
Network
Jan 2018
New website will pay for the nabbing the great deal, Travel
And Tour World
News
0
1
2
3
4
5
6
7
8
$0k
$100M
$200M
$300M
$400M
$500M
2014 2015 2016 2017 2018
YoY Funding Rounds
-
2
8
35
93
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
B2C Commerce > Multi-category > Marketplace > Designer: Market Factsheet
Market: Designer
83
Exits
Most Active Investors
Recent Investments
YoY Funding and Rounds
Online marketplaces of designer
fashion products
Farfetch
(2008, London, $709M)
JUNIQE
(2014, Berlin, $22.2M)
Jaypore
(2011, Delhi, $7.9M)
Miinto Group
(2009, Copenhagen, $6M)
Top Companies
#2 Top Markets of Investment Activity
Fashion Tech > Market Details > Market: Designer
Companies Created 93 | Funded 35 | Total Funding $758M
84. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201884
B2C Commerce > Multi-category > Marketplace > Designer: Top Companies
Market: Designer
Fashion Tech > Market Details > Market: Designer
#2 Top Markets of Investment Activity
Analyst’s Pick
Farfetch (2008, London, $709M)
Curated fashion boutique marketplace
Unicorn. Stage: Series G
Chanel, Jingdong Group, Temasek and 17 Other
Investors
JUNIQE (2014, Berlin, $22.2M)
Online marketplace for independent designers
Soonicorn. Stage: Series B
Highland Europe, High-Tech Grunderfonds,
Redalpine and 3 Other Investors
Jaypore (2011, Delhi, $7.9M)
Marketplace for Artisans & Independent Producers
Editor's Pick. Stage: Series A
Aavishkaar, Haresh Chawla
SHOWROOM (2012, Warsaw)
Online marketplace for fashion apparel and
accessories
Editor's Pick. Stage: Acquired
Hubert Burda Media, HardGamma Ventures
85. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Note: Overall Rating is a combination of Funding and Team rating, along with Execution, Size and Growth metrics
85
B2C Commerce > Multi-category > Marketplace > Designer: Leaderboard
Market: Designer
Fashion Tech > Market Details > Market: Designer
#2 Top Markets of Investment Activity
Better than Market Average
Overall
Rating
Company
Name
Foun
ded
Year
Location Stage Funding Team
Execution Quality Size Metrics 6M Growth Metrics
App
Rating
App
UX
Web
UX
News
Web
Traffic
Rank
Social
Follow
ing
Mobile
Downl
oads
# App
Revie
ws
Web Traffic
Rank
Mobile
Downloads
Social
Following
Δ % Δ % Δ %
5.0 Mirraw 2011 Mumbai Unfunded - - 4 - - - 30k 1.3k 7.2M 26.8k 10k 49% 130 18% 27 2%
4.9 Bargainklick 2016 Mumbai Unfunded - - 5 4 5 - 1.1M 66k 300 8 880k 765% - - 100 -
4.8 Farfetch 2008 London Series G $709M - 4 - - 30 2k 89k 750k 1.4k -1k -6% - - 1.7k 2%
4.8 Clothia 2010
New York
City
Seed $440K - 5 - - - 1.4M 704 - 468 -25k -2% - - 1 -
4.7 IVALO 2016 Riihimaki Funded - - 4 - 4 - 1.2M - 8k 25 487k 86% - - - -
4.6 Shoptiques 2011
New York
City
Seed $2M - 5 - - 1 76k 25k - 213 16k 25% - - -335 -1%
4.5 Butikgez 2016 Istanbul Seed - - 4 4 5 - 241k 1.1k 30k 405 -32k -11% - - -35 -3%
4.5 Binge 2016 Singapore Unfunded - - 5 - 2 - - - 300 12 - - - - - -
4.4 SHOWROOM 2012 Warsaw Acquired - - - - 4 - 106k 42 - - 16k 17% - - 3 6%
4.3 Youbli 2015 Jakarta Unfunded - - 4 - - - 10M - 300 5 4M 21% - - - -
4.2 Modastic 2013 Toronto Seed $20K - 5 - - - 10M - - 77 - - - - - -
4.1 Jaypore 2011 Delhi Series A $8M - - - - 3 84k 1.8k - - 9k 12% - - 82 5%
4.1 RocknShop 2013 Delhi Seed $150K - - - - - 1.1M 879 - - 173k 19% - - 31 4%
4.0 Waremakers 2011
Copenhage
n
Seed $70K - - - - - 532k 264 - - 239k 84% - - 6 2%
3.9
Carnet de
Mode
2011 Paris Series A $2M - - - - - 1.4M 4.9k - - -94k -7% - - 29 1%
86. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Incubators
Start Garden (#1), Entrepreneurs Roundtable Accelerator
(#1)
Seed First Round Capital (#1), SV Angel (#1)
Series A/B American Express (#1), J.Crew (#1)
Series C+ T. Rowe Price (#1), Wellington Management (#1)
None
$75M - Series E
Warby Parker (2010, New York City,
$300M)
Series A
Ben & Frank (2015, Mexico)
Seed
Glassic (2015, Chennai)
PE
Bonlook (2010, Montreal, $1.1M)
$9.2M - Series A
Westward Leaning (2011, San
Francisco, $14.3M)
$10M - Series A
Hubble Contacts (2016, New York
City, $33.7M)
$16.5M - Series A
Hubble Contacts (2016, New York
City, $33.7M)
$7.2M - Series A
Hubble Contacts (2016, New York
City, $33.7M)
$56M - Series A
Hawkers (2013, Elche, $56M)
Apr 2018
Zenni Optical Announces Flexible Frames Line – Expanding
Its Comprehensive Eyeglass Offering for Kids and Toddlers,
Business Wire
Apr 2018
Too much screen time? This eyewear startup may have a $95
solution, Fast Company
Mar 2018
Hip eyewear brand Warby Parker opening another Northern
Virginia store, The Business Journals
Mar 2018
Warby Parker to set up shop in Somerset Collection, Techy
Google
Mar 2018 Warby Parker Has A $75 Million Fundraising Vision, PYMNTS
Feb 2018
DILA Capital & Jaguar Ventures Lead Investment in Ben
& Frank, LAVCA
Feb 2018
Raen taps former Smashbox and Dermstore exec as VP of
Digital, Fashion Network
Feb 2018
Warby Targets 100 Stores Across U.S. by End of Year, Vision
Monday
Feb 2018
How WhatsApp for business boosted eyewear startup Glassic
to fame, YourStory Media
Jan 2018
Warby Parker launches pilot program for kids’ frames,
Technology News Article
Jan 2018
Eyewear startup Glassic gets seed funding from group of
angel networks, VCCircle
Dec 2017 Replacement: Interim results for the half-year, 4-Traders
Dec 2017
BonLook raises follow-on financing to expand to 50 stores in
Canada by 2020, Montreal in Technology
News
0
2
4
6
8
10
12
$0k
$20M
$40M
$60M
$80M
$100M
$120M
2014 2015 2016 2017 2018
YoY Funding Rounds
-
3
11
28
69
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
B2C Commerce > Accessories > Eyewear > Internet-first brands: Market Factsheet
Market: Internet-first brands
86
Exits
Most Active Investors
Recent Investments
YoY Funding and Rounds
Direct to consumer brands selling
eyewear
Warby Parker
(2010, New York City, $300M)
Sensee
(2011, Paris, $60.2M)
Hawkers
(2013, Elche, $56M)
Hubble Contacts
(2016, New York City, $33.7M)
Top Companies
#3 Top Markets of Investment Activity
Fashion Tech > Market Details > Market: Internet-first brands
Companies Created 69 | Funded 28 | Total Funding $510M
87. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201887
B2C Commerce > Accessories > Eyewear > Internet-first brands: Top Companies
Market: Internet-first brands
Fashion Tech > Market Details > Market: Internet-first brands
#3 Top Markets of Investment Activity
Analyst’s Pick
Warby Parker (2010, New York City, $300M)
Internet-first brand of eyewear
Unicorn. Stage: Series E
T. Rowe Price, General Catalyst Partners, Tiger
Global Management and 25 Other Investors
Sensee (2011, Paris, $60.2M)
Private Label eyewear retailer
Minicorn. Stage: Series C
Partech Ventures, Orkos Capital, Idinvest Partners,
Jaina Capital
Hawkers (2013, Elche, $56M)
Vertically integrated online first brand of eyewear
Soonicorn. Stage: Series A
Hubble Contacts (2016, New York City,
$33.7M)
Internet first brand and subscription service of
contact lenses
Minicorn. Stage: Series A
FirstMark, Greycroft Partners, Founders Fund and
2 Other Investors
Analyst’s Pick
Glassic (2015, Chennai)
Internet-first brand of eyewear
Editor's Pick. Stage: Seed
The Chennai Angels, Lead Angels, LetsVenture
88. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Note: Overall Rating is a combination of Funding and Team rating, along with Execution, Size and Growth metrics
88
B2C Commerce > Accessories > Eyewear > Internet-first brands: Leaderboard
Market: Internet-first brands
Fashion Tech > Market Details > Market: Internet-first brands
#3 Top Markets of Investment Activity
Better than Market Average
Overall
Rating
Company
Name
Foun
ded
Year
Location Stage Funding Team
Execution Quality Size Metrics 6M Growth Metrics
App
Rating
App
UX
Web
UX
News
Web
Traffic
Rank
Social
Follow
ing
Mobile
Downl
oads
# App
Revie
ws
Web Traffic
Rank
Mobile
Downloads
Social
Following
Δ % Δ % Δ %
5.0 Warby Parker 2010
New York
City
Series E $300M - 5 - - 38 10k 86k - 419 -1k -8% - - 496 1%
4.9 LensPick 2013 Hyderabad Series A $500K - 3 - - 3 829k 31k 300 5 222k 36% - - -116 -
4.8 Igear Eyewear 2013 Noida Unfunded - - 5 - - - 4.8M 309 300 12 650k 15% - - -6 -2%
4.7 Hawkers 2013 Elche Series A $56M - - - - 2 44k 205k - - 18k 59% - - 1.6k 1%
4.7 Sensee 2011 Paris Series C $60M - - - - - 498k 2.8k - - 83k 20% - - 113 4%
4.6 Oh My Glasses 2011 Tokyo Series A $11M - - - - - 175k 7.4k - - 75k 76% - - 116 2%
4.5
Hubble
Contacts
2016
New York
City
Series A $34M - - - - 3 63k 1.4k - - 7k 12% - - 334 33%
4.4 RAEN 2009 Oceanside Funded $825K - - - - 1 416k 3.6k - - 54k 14% - - 24 1%
4.3 Eyejusters 2010 Oxford Seed $568K - - - - - 1.9M 1.4k - - 796k 79% - - 565 75%
4.2 Ben & Frank 2015 Mexico Series A - - - - - 1 241k 3.3k - - 32k 15% - - 985 44%
4.2 Glasses Direct 2004 Swindon Series B $10M - - - - - 70k 20 - - 4k 6% - - 12 143%
4.1 Bonlook 2010 Montreal Seed $1M - - - - 3 159k 3.1k - - -58k -27% - - 183 6%
4.0 Ace & Tate 2013 Amsterdam Series A $14M - - - - - 186k 2.3k - - -276k -58% - - 175 8%
3.9 Meller 2014 Barcelona Seed - - - - - - 251k 11k - - 104k 71% - - 626 6%
3.8
Westward
Leaning
2011
San
Francisco
Series A $14M - - - - - 1.6M 1.9k - - 735k 83% - - -3 -
89. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Market: Internet-first brands
89
#4 Top Markets of Investment Activity
Fashion Tech > Market Details > Market: Internet-first brands
Companies Created 151 | Funded 41 | Total Funding $137M
90. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201890
Market: Internet-first brands
Fashion Tech > Market Details > Market: Internet-first brands
#4 Top Markets of Investment Activity
91. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201891
Market: Internet-first brands
Fashion Tech > Market Details > Market: Internet-first brands
#4 Top Markets of Investment Activity
Better than Market Average
92. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Market: Sportswear
92
#5 Top Markets of Investment Activity
Fashion Tech > Market Details > Market: Sportswear
Companies Created 100 | Funded 31 | Total Funding $140M
93. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201893
Market: Sportswear
Fashion Tech > Market Details > Market: Sportswear
#5 Top Markets of Investment Activity
94. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201894
Market: Sportswear
Fashion Tech > Market Details > Market: Sportswear
#5 Top Markets of Investment Activity
Better than Market Average
95. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Market: Commission-based Marketplace
95
#6 Top Markets of Investment Activity
Fashion Tech > Market Details > Market: Commission-based Marketplace
Companies Created 11 | Funded 6 | Total Funding $106M
96. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201896
Market: Commission-based Marketplace
Fashion Tech > Market Details > Market: Commission-based Marketplace
#6 Top Markets of Investment Activity
97. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201897
Market: Commission-based Marketplace
Fashion Tech > Market Details > Market: Commission-based Marketplace
#6 Top Markets of Investment Activity
Better than Market Average
98. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Market: Luxury
98
#7 Top Markets of Investment Activity
Fashion Tech > Market Details > Market: Luxury
Companies Created 41 | Funded 13 | Total Funding $285M
99. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 201899
Market: Luxury
Fashion Tech > Market Details > Market: Luxury
#7 Top Markets of Investment Activity
100. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018100
Market: Luxury
Fashion Tech > Market Details > Market: Luxury
#7 Top Markets of Investment Activity
Better than Market Average
101. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Fashion Tech - May 2018
Market: Made To Order
101
#8 Top Markets of Investment Activity
Fashion Tech > Market Details > Market: Made To Order
Companies Created 155 | Funded 46 | Total Funding $196M