What is JustFab?
Established in 2010 and headquartered in El Segundo, California, JustFab operates as an online subscription fashion retailer. The company specializes in offering a curated selection of shoes, handbags, jewelry, and denim directly to consumers. By leveraging a subscription model, JustFab aims to provide accessible and trendy fashion items, catering to a broad online customer base seeking convenience and style. Its business model focuses on direct-to-consumer engagement and personalized shopping experiences.
How much funding has JustFab raised?
JustFab has raised a total of $287.4M across 4 funding rounds:
Series A
$33.1M
Series B
$63.3M
Series C
$106M
Series D
$85M
Series A (2011): $33.1M with participation from Matrix Partners and Technology Crossover Ventures
Series B (2012): $63.3M led by Technology Crossover Ventures, Intelligent Beauty, Rho Capital Partners, and Matrix Partners
Series C (2013): $106M supported by Matrix Partners, Technology Crossover Ventures, Rho Ventures, and Intelligent Beauty
Series D (2014): $85M featuring Passport Capital, Technology Crossover Ventures, and Matrix Partners
Key Investors in JustFab
Matrix Partners
Matrix Partners is a Chicago-based firm specializing in strategy and advertising, with a history of successful marketing campaigns for consumer and pet product brands since 1987.
Technology Crossover Ventures
Technology Crossover Ventures (TCV), founded in 1995 and based in Menlo Park, California, focuses on acquisitions, mergers, and recapitalizations for technology companies.
Rho Ventures
Rho Ventures is a venture capital firm established in 1981, investing in companies across various growth stages and providing strategic value through extensive experience and a network of connections.
What's next for JustFab?
The recent major strategic investment signals a new phase of development for JustFab. This capital infusion is likely to be directed towards enhancing its e-commerce platform, expanding its product lines, and potentially exploring new market territories. The company's consistent access to significant funding rounds, starting from its Series A, indicates a strong investor confidence in its subscription-based retail model and its ability to adapt to evolving fashion trends and consumer preferences. Future growth may involve further technological integration for a more personalized customer journey and strategic partnerships to broaden its reach.
See full JustFab company page
