Mallzee, an Edinburgh, Scotland, UK-based fashion app, secured $850k in funding.
Backers included Par Equity and the Scottish Investment Bank and angel investors including Gareth Williams, CEO of Skyscanner and serial investor Rob Dobson.
The company intends to use the funds to scale up the business and bring the product to more consumers across the globe.
Led by CEO Cally Russell, Mallzee is a fashion finding app that features over one million items of clothing from 200 top fashion brands. Describes as a “personal shopper in your pocket”, it now has a user base into the tens of thousands with the target to increase it to 250,000 shoppers all around the world by the end of the year.
The company has already signed up top names such as ASOS, Topshop, Urban Outfitters and River Island as well as Liberty London, Glassworks and Oki-Ni.
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FinSMEs
22/05/2014