What is JustFab?
Headquartered in El Segundo, California, and founded in 2010, JustFab operates as an online subscription-based fashion retailer. The company specializes in offering a curated selection of shoes, handbags, jewelry, and denim directly to consumers. By leveraging a subscription model, JustFab aims to provide a personalized and convenient shopping experience, differentiating itself in the competitive online retail landscape. Its business model focuses on direct-to-consumer engagement, building a loyal customer base through exclusive offerings and a consistent flow of new merchandise.
How much funding has JustFab raised?
JustFab has raised a total of $287.4M across 4 funding rounds:
Series A
$33.1M
Series B
$63.3M
Series C
$106M
Series D
$85M
Series A (2011): $33.1M with participation from Technology Crossover Ventures and Matrix Partners
Series B (2012): $63.3M led by Intelligent Beauty, Technology Crossover Ventures, Matrix Partners, and Rho Capital Partners
Series C (2013): $106M supported by Technology Crossover Ventures, Intelligent Beauty, Matrix Partners, and Rho Ventures
Series D (2014): $85M featuring Technology Crossover Ventures, Matrix Partners, and Passport Capital
Key Investors in JustFab
Intelligent Beauty
Intelligent Beauty is a venture focused on incubating and operating businesses within the personal care, beauty, and fashion sectors, utilizing technology and a disciplined approach to brand building.
Technology Crossover Ventures
Technology Crossover Ventures (TCV) is a prominent investment firm established in 1995, specializing in providing capital for growth-stage technology companies and facilitating strategic acquisitions and recapitalizations.
Matrix Partners
Matrix Partners is an award-winning firm, founded in 1987, that excels in pet product strategy, advertising, and public relations, with extensive experience in creating successful marketing campaigns for a wide array of consumer and pet product brands.
What's next for JustFab?
The substantial enterprise-level funding JustFab has attracted suggests a strategic focus on expanding its market reach and enhancing its operational capabilities. With a history of significant investment, the company is well-positioned for further scaling of its e-commerce platform, potential international expansion, and continued innovation in its product offerings and subscription services. The recent major strategic investment likely signals a commitment to reinforcing its competitive advantage and exploring new avenues for growth within the digital fashion industry.
See full JustFab company page
