What is Carbon38?
Carbon38 positions itself as the world's premier luxury active apparel company, dedicated to empowering the modern American woman. The brand offers a meticulously curated selection of high-end designers alongside its own exclusive label, creating a lifestyle brand that resonates with strong, independent women. By focusing on both performance and style, Carbon38 aims to provide a comprehensive wardrobe that supports women in living life on their own terms.
How much funding has Carbon38 raised?
Carbon38 has raised a total of $20.4M across 3 funding rounds:
Private Equity
$4.4M
Series A
$15M
Debt
$1M
Private Equity (2015): $4.4M with participation from Montage Ventures
Series A (2018): $15M led by Foot Locker, Inc.
Debt (2020): $1M supported by PPP
Key Investors in Carbon38
Foot Locker, Inc.
Foot Locker, Inc. is a global athletic footwear and apparel retailer with a vast network of physical stores and a strong direct-to-customer digital presence. Their investment in Carbon38 suggests a strategic interest in the luxury activewear segment and potentially leveraging Carbon38's brand for broader market appeal.
Montage Ventures
Montage Capital specializes in providing growth debt to capital-efficient companies, offering tailored capital solutions without equity dilution. Their involvement indicates support for Carbon38's expansion phase, enabling growth through debt financing.
PPP
Public-Private Partnership
What's next for Carbon38?
The substantial enterprise-level funding, coupled with the recent strategic investment, signals a strong trajectory for Carbon38. This capital infusion is likely to be directed towards enhancing product development, expanding its e-commerce capabilities, and potentially broadening its market reach through strategic partnerships or international expansion. The company's focus on luxury and curated design suggests a strategy aimed at capturing a significant share of the high-end activewear market, with future growth potentially involving new collections, collaborations, and a deeper integration of its digital and physical retail presence.
See full Carbon38 company page
