What is Wantable?
Wantable operates as a personal styling service, integrating proprietary technology with the insights of human stylists to offer curated selections of apparel and accessories. Headquartered in Wisconsin, the company aims to simplify the shopping process by delivering personalized recommendations directly to consumers. Its business model focuses on convenience and tailored experiences, differentiating it in the competitive e-commerce landscape. The company's journey, marked by various funding rounds, indicates a strategic approach to scaling its operations and enhancing its service offerings.
How much funding has Wantable raised?
Wantable has raised a total of $6.1M across 5 funding rounds:
Private Equity
$800K
Series A
$1.5M
Series B
$2M
Series C
$813K
Debt
$1M
Private Equity (2012): $800K, investors not publicly disclosed
Series A (2014): $1.5M, investors not publicly disclosed
Series B (2016): $2M, investors not publicly disclosed
Series C (2016): $813K, investors not publicly disclosed
Debt (2020): $1M backed by PPP
What's next for Wantable?
The recent major strategic investment suggests Wantable is poised for significant expansion and potentially new market entries or service enhancements. Given its enterprise-level funding context, the company is likely focusing on scaling its technology infrastructure, expanding its stylist network, and optimizing its supply chain to meet growing demand. Future developments may include deeper personalization algorithms, broader product categories, or strategic partnerships to further solidify its position as a leader in the personalized retail space. This capital will be instrumental in driving innovation and achieving long-term growth objectives.
See full Wantable company page
