Tech Company Financing Transactions
Fashionphile Funding Round
On 9/2/2020, Fashionphile landed $38.5 million in Series B investment from NewSpring Capital and private investors.
Transaction Overview
Company Name
Announced On
9/2/2020
Transaction Type
Venture Equity
Amount
$38,500,000
Round
Series B
Investors
NewSpring Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to drive operational and geographic scale, further expanding their omnichannel footprint and opening regional fulfillment centers both domestically and abroad, and advancement across its suite of proprietary technologies with a focus on enhanced automation and artificial intelligence including patent pending visual recognition technology.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
6359 Paseo Del Lago
Carlsbad, CA 92011
USA
Carlsbad, CA 92011
USA
Phone
Website
Email Address
Overview
FASHIONPHILE is the largest and most trusted specialist in vintage, rare, limited-edition, and discontinued luxury bags, shoes, jewelry, and accessories. At FASHIONPHILE, we only sell your favorite, most coveted high-end designer brands (think Louis Vuitton, Hermes, Chanel, Gucci, and Balenciaga).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benjamin Hemminger
Chief Financial Officer
Trey Munday
Chief Operating Officer
Nora Cummings
Chief Technical Officer
David Smith
Vice President
Josh Lee
VP - Bus. Development
Sarah Davis
VP - General Counsel
Nikita Patel
VP - Human Resources
Stacy Craft
VP - Marketing
Sarah Cheffy
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