Startup Around

Moda Operandi Rings Up $100M For Luxury Fashion Platform


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0 Shares EmailFacebookTwitterLinkedInModa Operandi, a high-end online fashion retailer, announced this morning it has raised $100 million in equity and debt financing.
(Former Vogue editor Lauren Santo Domingo is co-founder and chief brand officer of Moda Operandi.)
Prior to this investment, Moda Operandi had raised a total of nearly $294 million in venture funding since its 2010 inception, according to Crunchbase data.
In a statement, Moda Operandi said the new commitment brings its total equity capital raised to date to $345 million.
At that time, she noted that:“Over the past couple of years, a raft of companies in the space have gone public, including several with multi-billion-dollar valuations.”Those companies (as you can see in the chart below) include online fashion reseller TheRealReal, online fashion retailer Revolve and Farfetch, another luxury fashion e-commerce platform. | To read full story, visit https://startuparound.com/read/1580486407.2940025/Moda-Operandi-Rings-Up-$100M-For-Luxury-Fashion-Platform?ref=audio_experience
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