Tech Company Financing Transactions
The Black Tux Funding Round
First Round Capital, Menlo Ventures and Raine Ventures participated in a $10 million funding round for The Black Tux. This VC investment round was announced on 1/21/2015.
Transaction Overview
Company Name
Announced On
1/21/2015
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Money from its latest round will be used to expand the company's inventory of quality tuxedos and suits -- all designed in-house. Beyond its line of basic tuxes, The Black Tux will look to expand with a line of velvet tuxes in the fall along with navy suits and a new shawl-collar tux. That's in addition to its existing line of tuxedos and a grey suit.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1515 4th St.
Santa Monica, CA 90401
USA
Santa Monica, CA 90401
USA
Phone
Website
Email Address
Overview
We partnered directly with one of America's top suit-makers to create the greatest rental tux ever designed. The old tux shop is offering a worn out tux, with an outdated fit, at a higher cost.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Andrew Blackmon
Co-Founder
Patrick Coyne
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Where The Data Comes From
We do our best to record funding rounds that are announced publicly. VC investment data records reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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