Outfittery Raises $20M in Funding

outfitteryOutfittery, a Berlin, Germany-based men’s fashion ecommerce site, raised $20m in funding.

The round was led by Northzone with participation from existing investors Highland Europe, Holtzbrinck Ventures, Mangrove Capital Partners and the VC Fonds Kreativwirtschaft Berlin managed by IBB.

The company intends to use the funds to continue its geographic expansion.

Founded in 2012 by Julia Bösch and Anna Alex, Outfittery operates a tailored personal service for men to shop for fashion online. It works by allowing customers to answer a few questions about their clothing style and sizes. Then, style experts personally contact them and put together individual outfits which are shipped to home. Customers keep whatever they like and send the rest back.
Over 100 high-quality fashion brands are currently on offer.

The company, which employs 150 people, is currently active in Germany, Austria, Switzerland, the Netherlands, Belgium, Luxembourg, Sweden and Denmark, serving more than 200,000 men in total.

FinSMEs

02/03/2015

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