Funding
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“Online-first menswear brand Frank & Oak, has closed a Series B funding round of $15 million led by Goodwater Capital.”

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“Turkey’s Iyzico, which provides a platform to let e-commerce sites and other apps easily accept online payments (and can be thought of as the ‘Stripe of Turkey’), has raised a $1.4 million series B round. The funding was led by Turkish VC 212 Invest, along with previous backers Pahicle, and Speedinvest — adding to the $1.4 million it raised just over a year ago.”

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Decoded Fashion - Fashion Tech Daily -  Iyzico
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“Online boutique for brides and their wedding parties, Weddington Way, announced today it has closed on $9 million in Series A funding in a round led by Javelin Ventures. Existing investors Battery Ventures, Felicis Ventures and Trinity Ventures also participated, bringing the company’s total raise to date to $11.5 million.”

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Decoded Fashion - Fashion Tech Daily - Weddington Way
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“Charles Nouboue […] and his partner, Gaetan Rougevin-Baville, recently launched a Kickstarter campaign to crowdfund Fitle, a virtual fitting room that allows you to try clothes on a customized 3D avatar of yourself. The pair’s goal is to raise $50,000 by this Saturday, and as of Monday, they had already passed the $40,000 mark. To use Fitle, you enter your height and take four iPhone pictures of yourself at different angles. In 30 seconds, Fitle creates a customized 3D avatar that its founders say is accurate 99 percent of the time.”

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“Fashion estore WearYouWant has secured US$1.5 million in funding to help the startup grow its business in the fledgling Thai ecommerce market. This series A funding is led by Digital Media Partners (also a seed round partner) along with Japan-based OPT SEA. Singapore-based IMJ Investment Partners and co-founder Julien Chalté also contributed.”

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wearyouwant
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“ThredUp, a startup that has built an online spin on a consignment store, has just raised $23 million in funding, according to a filing with the U.S. Securities and Exchange Commission.

The San Francisco-based company, which sells and buys like-new clothing, intends to raise $25 million for this round, according to the document.”

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Decoded Fashion - Fashion Tech Daily - ThredUp
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“The online-native jewelry retailer has been expanding its offline presence in recent months, and now has the funds to accelerate the process.”

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Decoded Fashion - Fashion Tech Daily - Baublebar
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“Tracksmith, a new running apparel company, has raised $1.6 million in its first round of institutional funding to bring modern technology and classic styling to running gear. The company’s mission, envisioned by Matt Taylor and Luke Scheybeler, is to re-connect the sport to its storied past while looking forward to what the sport could be in the future.”

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Decoded Fashion - Fashion Tech Daily - Tracksmith
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“Threadflip, the online consignment marketplace for women’s clothing, announced $13 million in Series B funding today. Norwest Venture Partners led the round, with participation from previous investors Baseline Ventures, First Round Capital and Shasta Ventures. This latest infusion now brings the total funding for Threadflip up to $21.1 million.”

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Decoded Fashion - Fashion Tech Daily - Threadflip
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“The well-known New York entrepreneur David Tisch and his younger brother, Alan, have raised $7.5 million for a mobile shopping startup called Spring. The Series A funding was led by Thrive Capital, the investment fund run by Josh Kushner, as well as Groupe Arnault, the investment firm controlled by LVMH CEO Bernard Arnault, and Box Group, Tisch’s early stage investment fund, with participation from a long list of angel and seed investors.”

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Decoded Fashion - Fashion Tech Daily - Spring