What is Apparis?
APPARIS is a fashion brand dedicated to offering high-quality, consciously-made essentials for contemporary wardrobes. The company's core offerings include faux fur outerwear, accessories, and home items, extending to ready-to-wear apparel and children's collections. APPARIS emphasizes sustainability in its production and promotes a circular economy through its reAPPARIS initiative, which facilitates the selling and recycling of pre-owned fashion pieces. This commitment to responsible fashion appeals to a growing segment of consumers seeking stylish yet ethical choices.
How much funding has Apparis raised?
Apparis has raised a total of $3.3M across 3 funding rounds:
Debt
$150K
Angel/Seed
$3M
Debt
$143K
Debt (2020): $150K with participation from PPP
Angel/Seed (2020): $3M led by Third Kind Venture Capital, Cam Newton, Exor Seeds, Karlie Kloss, and Francesco Carozzini
Debt (2021): $143K supported by PPP
Key Investors in Apparis
Third Kind Venture Capital
Third Kind Venture Capital is a venture capital firm specializing in early-stage investments, with a preference for consumer internet, software, and financial services. Founded in 2010, it is headquartered in New York City.
Cam Newton
Cam Newton is a notable figure, likely bringing strategic insights and brand visibility to Apparis through his investment.
Exor Seeds
Exor Seeds is an investment entity that provides early-stage capital, supporting the growth and development of promising ventures.
What's next for Apparis?
The substantial enterprise-level funding and strategic investment indicate Apparis is poised for significant expansion. This capital infusion will likely fuel advancements in sustainable material sourcing, broader market penetration for its faux fur outerwear and accessories, and the scaling of its reAPPARIS program. The company's focus on conscious consumption positions it well within the evolving fashion landscape, suggesting a trajectory towards becoming a leader in sustainable luxury.
See full Apparis company page
