What is FabFitFun?
Founded in 2010 and based in Los Angeles, California, FabFitFun operates a popular subscription box service. The company curates and delivers a diverse range of full-size products spanning beauty, fashion, fitness, wellness, home, and tech to its subscribers each season. This model has positioned FabFitFun as a key player in the direct-to-consumer lifestyle and e-commerce sector, leveraging a strong community engagement strategy.
How much funding has FabFitFun raised?
FabFitFun has raised a total of $94.6M across 2 funding rounds:
Angel/Seed
$3.5M
Series A
$91.1M
Angel/Seed (2015): $3.5M with participation from New Enterprise Associates and Upfront Ventures
Series A (2019): $91.1M led by New Enterprise Associates, Kleiner Perkins, Milano Investment Partners, and Upfront Ventures
Key Investors in FabFitFun
New Enterprise Associates
New Enterprise Associates (NEA) is a prominent venture capital firm established in 1977, known for its focus on helping entrepreneurs build businesses across various stages and sectors.
Upfront Ventures
Upfront Ventures is a Los Angeles-based venture capital firm that invests in technology businesses, with a particular interest in digital media, SaaS, consumer internet, and retail innovation.
Kleiner Perkins
Kleiner Perkins is a venture capital firm that invests in early and growth-stage technology and life science companies, providing capital and operational support from seed through IPO.
What's next for FabFitFun?
The recent major strategic investment indicates a phase of scaling and potential expansion for FabFitFun. With a history of significant capital raises, the company is likely focused on enhancing its product offerings, optimizing its supply chain, and potentially exploring new market segments or technological integrations to further solidify its competitive advantage and drive sustained growth.
See full FabFitFun company page