Harry’s Raises $122.5M in Seed Funding

harry'sAccording to TechCrunch (read here), Harry’s, a New York-based online shaving supply company, raised $122.5m in seed funding.

Backers included Tiger Global, Thrive Capital, Highland Capital, SV Angel, and others.

TC reported that $100m will be used to purchase razorblade company and factory Feintechnik to control production while the remaining $22.5m will be used to expand Harry’s current product range and its marketing efforts.

Co-founded by Andy Katz-Mayfield and Jeff Raider, Harry’s offers trendy nicely designed shaving sets (containing razors with German engineered blades and shaving creams).
The company is hiring (read here).

FinSMEs

24/01/2014

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