What is Apparis?
APPARIS is a fashion brand dedicated to offering elevated, conscious essentials for contemporary wardrobes. The company specializes in high-quality faux fur outerwear, accessories, and home items, extending its product line to include ready-to-wear apparel and children's collections. A core tenet of APPARIS's philosophy is sustainability, appealing to consumers who seek stylish yet ethically produced fashion choices. The brand further champions its commitment to circularity through its reAPPARIS initiative, which facilitates the selling and recycling of pre-owned fashion pieces, reinforcing its position as a leader in responsible fashion.
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 Cam Newton, Francesco Carozzini, Exor Seeds, Third Kind Venture Capital, and Karlie Kloss
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 focus on consumer internet, software, and financial services. Founded in 2010 and based in New York City, they bring strategic expertise to growing companies.
Exor Seeds
Exor Seeds is an investment entity that participates in early-stage funding rounds, providing crucial capital for emerging companies.
Cam Newton
Cam Newton, a notable figure, has invested in Apparis, indicating a belief in the company's vision and market potential.
What's next for Apparis?
With the recent infusion of major strategic capital, Apparis is poised for significant expansion and innovation. The enterprise-level funding suggests a focus on scaling operations, potentially broadening its product lines, and enhancing its sustainable sourcing and manufacturing processes. This investment will likely enable Apparis to strengthen its market presence, explore new distribution channels, and further develop its reAPPARIS program, solidifying its role as a forward-thinking entity in the fashion industry committed to both style and environmental responsibility.
See full Apparis company page