Tech Company Financing Transactions
D'Amelio Brands Funding Round
Fifth Growth Fund invested in a $5 million funding round for D'Amelio Brands. This venture round was announced on 8/17/2023.
Transaction Overview
Company Name
Announced On
8/17/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Fifth Growth Fund (Lead Investor)
Proceeds Purpose
The company intends to use the funds for expansion into the Food & Beverage sector, with the imminent launch of D'Amelio Foods.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Undisclosed
Los Angeles, CA Undisclosed
USA
Los Angeles, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
The D'Amelio family, composed of social media phenoms Dixie and Charli and their parents Marc and Heidi launched their namesake company, D'Amelio Brands. D'Amelio Brands will be a cross-platform company created with a strong vision of bringing thoughtful products, starting with the beauty and fashion space, to life for fans around the globe using the family's unparalleled business experience and marketing knowledge.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marc D'Amelio
Co-Founder
Richard Rosenblatt
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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