What is Outfittery?
Outfittery Deutschland provides a bespoke fashion curation service designed to meet individual style preferences, sizes, and specific needs. Clients are presented with outfits handpicked by personal stylists, offering the convenience of at-home try-ons and the flexibility to purchase only what they keep. The service is complemented by complimentary shipping and returns, facilitating an effortless exploration of diverse fashion choices for various occasions. Partnering with over 150 brands, Outfittery ensures a high standard of quality, style, and variety in its offerings, positioning itself as a key player in the personalized e-commerce fashion sector.
How much funding has Outfittery raised?
Outfittery has raised a total of $59.7M across 3 funding rounds:
Private Equity
$17.7M
Private Equity
$20M
Unspecified
$22M
Private Equity (2014): $17.7M with participation from Holtzbrinck Ventures, IBB Ventures, Highland Capital Partners, Mangrove Capital partners, and High-TechGruenderfonds
Private Equity (2015): $20M led by Highland Capital Partners, Mangrove Capital partners, Northzone, and Holtzbrinck Ventures
Unspecified (2016): $22M supported by Highland Capital Partners, Mangrove Capital partners, HV Holtzbrinck Ventures, Octopus Ventures, and U-Start
Key Investors in Outfittery
Highland Capital Partners
Highland Capital Partners is a venture capital firm specializing in early-stage technology investments, known for its extensive experience and successful exits.
Mangrove Capital partners
Mangrove Capital Partners is a contrarian venture capital firm focused on empowering innovative entrepreneurs across Europe and Israel, with a strong track record in early investments.
HV Holtzbrinck Ventures
HV Holtzbrinck Ventures, part of the Verlagsgruppe Georg Von Holtzbrinck, invests in digital and technology companies, leveraging a broad media and publishing background.
What's next for Outfittery?
The substantial enterprise-level funding secured by Outfittery indicates a strategic push towards scaling its operations and enhancing its technological infrastructure. This capital infusion is likely to be directed towards expanding its stylist network, refining its personalization algorithms, and potentially exploring new market segments or international territories. The company's focus on a seamless customer experience, combining expert curation with convenient home delivery and returns, positions it for continued growth in the competitive online retail space. Future developments may include deeper integration of AI for style prediction and enhanced supply chain efficiencies to support broader reach.
See full Outfittery company page
