Tagged: fashion

On-demand fashion brand AYR unveils details on its $6.23 million unregistered offering


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XDATA – June 24th 2016
After twenty financial backers subscribed to 88% of its equity financing round, AYR disclosed initiating a first close after raising $5.5 million. The subscription to the $6.23 million non-brokered private placement started a week ago according to information filed with the SEC. Based on the offering’s structure, the company has until June 2017 to raise an extra $735,000. The company doesn’t appear to have previously sold securities under a registration exemption with the SEC.
The company is an on-demand women’s apparel brand that makes high-quality pieces designed for everyday life. The company spun-out of Bonobos. Investors include Leandra Medine, Scott Morrison, Hayley Barna (First Round Capital), and Andy Dunn (Bonobos).
AYR, registered in 2016, is headquartered in New York NY. It is led by Margaret Winter (CEO). Revenues were not disclosed.
The executive team includes Alexander Reich, Jacqueline Cameron and Max Bonbrest.
The board of directors includes Andrew Dunn, Jack Schwefel and Sanderson Cass.
Offering recap
Status: First close
Company: AYR
Industry: Retailing
Amount offered: $6.23 million
Amount placed: $5.5 million
SEC filing: Source
First sale: 06-17-2016
Data as of: 06-24-2016
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Ben Fischman’s M. Gemi reported raising $18 million


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XDATA – November 3rd 2015
M. Gemi successfully completed a $18 million non-brokered equity financing round. A total of eight investors started to subscribe to the round on October 19th. Two previous unregistered financing rounds raised an estimated $13.2 million.
M. Gemi markets and develops a direct to consumer platform that offers a line of handcrafted women’s footwear in weekly limited editions. Investors include General Catalyst, Forerunner Ventures and Breakaway Ventures.
The company was registered in 2014 and has its headquarters located in Boston MA. M. Gemi elected to keep its revenues undisclosed.
The executive team includes Benjamin D Fischman, Cheryl Kaplan and Edward M McNamara.
The board of directors includes Harry Nelis, Joel Cutler and Kirsten Green.The company has raised an estimated total of $31.2 million via private unregistered security offerings.M. Gemi is registered under the name RCW.
Offering recap
Status: Completed
Company: M. Gemi
Industry: Retailing
Amount offered: $18 million
Amount placed: $18 million
SEC filing: Source
First sale: 10-19-2015
Data as of: 11-03-2015

Fashion socks designer Stance closed a $45+ million growth financing


stanceHey if you didn’t know about it, maybe it is time to add XDATA as part of your market monitoring regimen, 14 days free trials are available here. You can find the story and many more on qbeats as well.

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Moda Operandi raises a major financing round


moda operandi

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PS DEPT. completed a new equity offering


XDATA – August 15th 2014

shopservices PS DEPT. sold a total of $4 million in a non-brokered equity investment round. The transaction which started a week ago, garnered the support of sixteen investors. Two previous unregistered financing rounds raised an estimated $1.9 million.

PS DEPT. develops and markets a mobile application (app) for users to have direct access to personal shoppers at select fashion retail stores. Users tell what they are looking for via text messenger and receive suggestions with pictures from experts. Users can buy what they like directly from the app, shipping is free and so are returns.

The company, headquartered in New York NY, is led by Michelle Goad (President and CEO). PS DEPT. elected to keep its revenues undisclosed.
The executive team includes Richard Wolfgang Klinker.
The board of directors includes Shana Fisher.

The company has raised an estimated total of $5.9 million via private unregistered security offerings.

PS DEPT. is registered under the name Shopservices.

Offering recap
Status: Completed
Company: PS DEPT.
Industry: Other Technology
Amount offered: $4 million
Amount placed: $4 million
First sale: 08-08-2014
Data as of: 08-15-2014

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BaubleBar reported raising $12 million via private placement


XDATA – August 15th 2014

baubl barBaubleBar successfully completed a $12 million non-brokered equity financing round. A total of eight investors started to subscribe to the round one month ago. The equity offering’s estimated net proceeds amount to $10 million excluding $2 million earmarked for the payment of officers’ salaries. No offering was previously initiated by the company under a registration exemption with the SEC.
While the company reportedly raised a total of $5.6 million according to an article published by Inc.com in 2012, no prior Reg D filing could be found under the current or prior company name as well as under any of the founders’ names.

The company is an online fashion jewelry merchant selling pieces directly from designers at deep discount. The company is backed by Accel Partners, Greycroft Partners , Burch Creative Capital, Aspect Ventures, and Triplepoint Ventures.

The company, headquartered in New York NY, is led by Daniella Yacobovsky (Co-chief Executive Officer). BaubleBar elected to keep its revenues undisclosed.
The executive team includes Amy Jain.
The board of directors includes Ellie Wheeler and Howard Socol.

BaubleBar is registered under the name Bauble Bar

Offering recap
Status: Completed
Company: BaubleBar
Industry: Retailing
Amount offered: $12 million
Amount placed: $12 million
First sale: 07-15-2014
Data as of: 08-15-2014

For more information visit www.XDATA.co

Digital closet analytic platform raises $515,000 in equity


stylisticsStylitics successfully completed its $515,000 equity offering which started this month. The non-brokered private placement was subscribed by eleven investors. Up to this point Stylitics had raised an estimated $1 million via one financing round in August 2011.

The company developed and markets a virtual closet platform also available for mobile devices running on iOS and Android. The application allows users to plan and share outfits with friends, get suggestions based on what is trending or what the user hasn’t worn in a while. The platform also provides a real time report on what is happening in the fashion world and…where to shop. While the application is free, the company is able to monetize the technology by analyzing local clothing trends and sell local insights to brands and retailers.

The company, headquartered in New York NY, is led by Rohan Deuskar (Co-founder and CEO). Stylitics elected not to disclose its revenues. The executive team includes Zach Davis (Co-founders and CMO). The board of directors includes Siv Paumgarten, Mac Dabah and Simon Bond.

Offering recap:
Status: Final close
Company: Stylitics
Industry: Other Technology
Amount offered: $515,000
Amount placed: $515,000
First Sale: 01/17/14