Garmentory, a Seattle, WA-based e-commerce marketplace dedicated to independent boutiques and emerging fashion designers, raised $2m in funding.
The round was led by MHS Capital. In conjunction with the funding, San Francisco-based Vijay Nagappan of MHS, joined Garmentory’s board of directors.
The company intends to use the funds for new hires, cross-platform innovation for personalization, and enhancement of the infrastructure for a unified in-store and online experience.
Founded in 2014 by Sunil Gowda and Adele Tetangco, Garmentory is a global destination for 350+ young luxury and contemporary fashion designers from the US and Canada. The company aims to expand into menswear in early 2017.