FarFetch Raises $20 M of Series A Funding
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Cerritos, California – Farfetch, the curated online marketplace that brings together over 250 of the best independent global fashion stores, making their 82,000 highly curated products available at the click of a button has raised $20 million of series A funding led by the giant magazine publisher Condé Nast International and backed by existing investors Advent Venture Partners, Index Ventures and e.ventures.
“farfetch has a unique position, connecting boutiques around the world by e-commerce to sophisticated fashion customers like our magazine readers and website users. It’s a natural for Condé Nast,” commented Newhouse.
The new funds will be used in fueling farfetch plan to venture in new markets and also to build a unique curated global franchise in online designer fashion.
Funding Total: $20,000,000
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|Investors: Condé Nast , Advent Venture Partners, Index Ventures, e.ventures|