Tech Company Financing Transactions

Jaanuu Funding Round

Jaanuu, based in El Segundo, raised $15 million in funding from JMK Consumer Growth Partners, private investors and Nordstrom.

Transaction Overview

Company Name
Announced On
12/11/2018
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors

JMK Consumer Growth Partners (Lead Investor) (John Kenney)

private investors (David Kessenich)

Nordstrom

Proceeds Purpose
This new injection of capital will accelerate its continued breakthrough product and fabric development, catalyze omnichannel expansion plans as a lifestyle brand and provide for aggressive investments in predictive analytics based marketing and real-time programmatic media buying.

Company Information

Company Status
Private & Independent
Industry
Consumer
Mailing Address
2121 Rosecrans Ave. 4330
El Segundo, CA 90245
USA
Email Address
Overview
Jaanuu was formed in 2013 to reinvent the medical apparel category with contemporary, runway-inspired fashion. The company was named Jaanuu for its Hindi meaning of sweetheart, a term of endearment used in many cultures for someone you love, often a child.
Profile
Jaanuu LinkedIn Company Profile
Social Media
Jaanuu Company Twitter Account
Company News
Jaanuu News
Facebook
Jaanuu on Facebook
YouTube
Jaanuu on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Shaan Sethi
  Shaan Sethi LinkedIn Profile  Shaan Sethi Twitter Account  Shaan Sethi News  Shaan Sethi on Facebook
Chief Medical Officer
Neela Young
  Neela Young LinkedIn Profile  Neela Young Twitter Account  Neela Young News  Neela Young on Facebook


 

 

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Prev: 12/11/2018: Toss venture capital transaction
Next: 12/11/2018: Zesty.ai venture capital transaction

 

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We document all VC transactions involving tech companies. All VC database entries reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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