What is LA Double 7?
LA Double 7, Inc. operates as a wholesale accessories provider, specializing in a diverse array of products such as scarves, bags, hats, and outerwear. The company's business model is geared towards wholesale and chain-store buyers, functioning as an online catalog for its in-stock inventory. LA Double 7 focuses on seasonal fashion trends and a wide variety of styles to meet the demands of its retail clientele. To engage with their offerings, customers are required to register and submit necessary business documentation, highlighting a B2B-centric approach to distribution.
How much funding has LA Double 7 raised?
LA Double 7 has raised a total of $307K across 2 funding rounds:
Debt
$150K
Debt
$157K
Debt (2020): $150K with participation from PPP
Debt (2021): $157K led by PPP
Key Investors in LA Double 7
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for LA Double 7?
The substantial capital infusion, particularly the recent strategic investment, positions LA Double 7 for significant expansion and operational enhancement. As a company focused on wholesale fashion accessories, this backing is likely to fuel inventory expansion, enhance its e-commerce platform, and potentially broaden its distribution network. The late-stage funding context suggests a focus on scaling operations, optimizing supply chains, and solidifying its market share within the competitive wholesale apparel sector. Future developments may include strategic partnerships or technological advancements to streamline B2B transactions and inventory management.
See full LA Double 7 company page