- Companies
- TechStyle Fashion Group
TechStyle Fashion Group Valuation, Funding & Investors
TechStyle Fashion Group is valued at $250M as of August 2014.
Last TechStyle Fashion Group valuation
$250M
Series D · Aug 2014
Last TechStyle Fashion Group funding round
$130M
Series E · Jan 2017
Cumulative funding TechStyle Fashion Group raised
$223M
across 3 funding rounds
Key investors in TechStyle Fashion Group
Matrix Partners
TCV
Shining Capital
KEC Ventures
Trinity Capital
Rho Ventures
About TechStyle Fashion Group
TechStyle Fashion Group is a Los Angeles-headquartered e-commerce retailer operating subscription-based brands including Fabletics, JustFab, ShoeDazzle, Savage X Fenty, and FabKids. The company ships apparel, footwear, and accessories to customers in the United States, Canada, Europe, and Australia. Launched in 2010, TechStyle leverages data analytics for personalized recommendations and maintains warehouses in California and Nevada. Its portfolio serves millions of active VIP members through direct-to-consumer models emphasizing athleisure and intimates.
Founded
2010
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Subscription
Valuation
$250M (Aug 2014)
TechStyle Fashion Group Valuation
TechStyle Fashion Group is currently valued at $250M, based on its Series D in August 2014.
The $38M round included Trinity Capital, Matrix Partners, TCV, Shining Capital and KEC Ventures.
TechStyle Fashion Group valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Aug 2014 | Series D | $250M |
TechStyle Fashion Group Funding History
TechStyle Fashion Group has raised a total of $223M across 3 funding rounds.
TechStyle Fashion Group's first fundraising round was a $55M Series C in September 2013. The most recent completed round was a $130M Series E in January 2017.
TechStyle Fashion Group funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2017 | Series E | - | $130M | - | TechStyle Fashion Group is an online fashion and membership retail company founded in 2010 by Adam Goldenberg and Don Ressler. Operating under brands including JustFab, Fabletics (co-founded with Kate Hudson), ShoeDazzle, FabKids, and Savage X Fenty (in partnership with Rihanna), the company delivers discount fashion and lifestyle products through a subscription membership model. As of March 2017, TechStyle had raised approximately $250 million across multiple VC rounds since 2011, with earlier major funding including a $33 million Series A in 2011, a $76 million Series B in 2012, a $40 million round in September 2013, and an $85 million round in August 2014 led by Passport Speciality Opportunity Fund that valued the company at $1 billion post-money. In March 2017, the company engaged JPMorgan Chase to explore a strategic buyer, with a prospective acquisition valued at approximately $1.5 billion including debt. By 2023, TechStyle had reportedly generated $500 million in revenue, and the company's valuation had grown to approximately $6.94 billion by the time of later funding rounds, reflecting significant growth in membership base and brand portfolio expansion. |
| Aug 2014 | Series D | Trinity Capital; Matrix Partners; TCV; Shining Capital; KEC Ventures | $38M | $250M | TechStyle Fashion Group, formerly JustFab Inc., is an online membership-based fashion retailer offering personalized shopping experiences in shoes, handbags, jewelry, denim, activewear, lingerie, and children's apparel across brands like JustFab, ShoeDazzle, FabKids, Fabletics, and Savage X Fenty. In August 2014, operating as JustFab, the company closed a funding round of $85 million led by Passport Special Opportunity Fund, with participation from existing investors Shining Capital, Matrix Partners, and Technology Crossover Ventures. The funding brought total capitalization to $250 million, interpreted here as post-money valuation, used to fuel international growth and new product categories. Prior rounds included $33 million in 2011 from Matrix Partners, $76 million in 2012 from Matrix Partners, Rho Ventures, Technology Crossover Ventures, and Intelligent Beauty, and $40 million in September 2013. The company expanded internationally to Canada, Germany, and the UK post-2012 funding and continued scaling its subscription model offering discounted fashion perks. Subsequent developments include a Series F at $6.94B valuation in November 2019 and total funding of $560.32 million, positioning TechStyle as a key player in direct-to-consumer fashion e-commerce. |
| Sep 2013 | Series C | Shining Capital (lead); Matrix Partners; TCV; Rho Ventures; Intelligent Beauty | $55M | - | TechStyle Fashion Group, formerly JustFab Inc., is an online membership-based fashion retailer offering personalized shopping experiences across brands like JustFab, FabKids, ShoeDazzle, Savage X Fenty, and Fabletics, focusing on shoes, handbags, jewelry, lingerie, activewear, and denim. The business model emphasized data-driven personalization in subscription commerce. In September 2013, the company closed a $40 million third funding round led by Shining Capital, with participation from Matrix Partners, Rho Ventures, Technology Crossover Ventures (TCV), and Intelligent Beauty, aimed at accelerating international growth into Canada, Germany, and the UK, and entering new product categories. Prior rounds included $33 million in 2011 from Matrix Partners and $76 million in 2012 from Matrix, Rho, TCV, and Intelligent Beauty. The company had acquired ShoeDazzle in August 2013, operating it separately. |
Who has invested in TechStyle Fashion Group?
7 investors have backed TechStyle Fashion Group across its funding rounds, including Matrix Partners, TCV, Shining Capital, KEC Ventures, Trinity Capital and Rho Ventures.
Lead investors include Shining Capital.
TechStyle Fashion Group Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Sep 2013 | ||
| 2 | Participant | Sep 2013 | ||
| 2 | Lead | Sep 2013 | ||
| 1 | Participant | Aug 2014 | ||
| 1 | Participant | Sep 2013 | ||
This data is available for Pro users. Sign up to see all 7 TechStyle Fashion Group investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialInvestments by TechStyle Fashion Group
TechStyle Fashion Group has invested in 1 company to date.
Latest investment by TechStyle Fashion Group was on August 27th 2019. TechStyle Fashion Group invested in Savage X Fenty in their $50M Series A round.
Latest Investments by TechStyle Fashion Group
| Description | Savage X Fenty is a New York-headquartered lingerie and apparel brand launched in 2018, offering inclusive sizing from XS to 4X and shades for all skin tones. Product lines include bras, panties, bodysuits, sleepwear, and activewear, sold via subscription membership and e-commerce. The brand stages annual fashion shows streamed on Amazon Prime, disrupting the intimates market with diverse representation. |
| HQ Country | |
| HQ City | Los Angeles, CA |
| Deal Date | 27 Aug 2019 |
| Round | Series A |
| Raised | $50M |
| Investors | Marcy Venture Partners; Polaris Partners; ACME Capital; Avenir; Robyn Rihanna Fenty |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all TechStyle Fashion Group investments and their VC round multiples. Start Free Trial | |
TechStyle Fashion Group Competitors
TechStyle Fashion Group competitors include listed companies like Kogan.com and Bed Bath & Beyond, and private ones like Dolls Kill, bosie, Monos and GIVA.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $400M | - | ||
| Private | - | - | $412M | - | ||
| Private | $50M | - | $150M | 3.0x | ||
| Private | $87M | - | $423M | 4.9x | ||
| Publicly listed | $347M | ($11M) | $226M | 0.6x | ||
| Publicly listed | $1B | ($73M) | $326M | 0.3x |
TechStyle Fashion Group Public Comps
TechStyle Fashion Group is still privately-owned, but its public comps include Delta Plus, HANSAE, Giftee, Honeys Holdings, Mulberry Group, Uxin, Torrid, ebebek, Newegg and Kogan.com.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $449M | $67M | 1.1x | 1.0x | 7.1x | 7.8x | |||
| $1.4B | $108M | 0.5x | 0.4x | 5.9x | 6.0x | |||
| $91M | $20M | 2.5x | 2.5x | 11.7x | 9.4x | |||
| $361M | $36M | 0.4x | 0.5x | 4.4x | - | |||
| $168M | $14M | 1.9x | 2.0x | 24.1x | - | |||
| $483M | ($16M) | 1.1x | 0.7x | (35.0x) | (24.9x) | |||
| $1B | $91M | 0.6x | 0.6x | 6.9x | 8.9x | |||
| $569M | $37M | 0.5x | 0.4x | 7.2x | 3.1x | |||
This data is available for Pro users. Sign up to see all TechStyle Fashion Group competitors and their valuation data. Start Free Trial | ||||||||
Common questions about TechStyle Fashion Group
| When was TechStyle Fashion Group founded? | TechStyle Fashion Group was founded in 2010. |
| Where is TechStyle Fashion Group headquartered? | TechStyle Fashion Group is headquartered in Los Angeles, CA, United States. |
| Is TechStyle Fashion Group publicly listed? | No, TechStyle Fashion Group is a private, VC-backed company. |
| What is TechStyle Fashion Group's valuation? | TechStyle Fashion Group was last valued at $250M in its Series D in August 2014. |
| How much funding has TechStyle Fashion Group raised? | TechStyle Fashion Group has raised $223M across 3 funding rounds. |
| What was TechStyle Fashion Group's last funding round? | TechStyle Fashion Group's last funding round was a $130M Series E in January 2017. |
| Who are TechStyle Fashion Group's investors? | TechStyle Fashion Group's investors include Matrix Partners, TCV, Shining Capital, Trinity Capital, Rho Ventures, KEC Ventures and Intelligent Beauty. |
| Which companies are comparable to TechStyle Fashion Group? | Companies comparable to TechStyle Fashion Group include Dolls Kill, bosie, Monos, GIVA, Kogan.com and Bed Bath & Beyond. |
| How many companies has TechStyle Fashion Group invested in? | TechStyle Fashion Group has invested in 1 company, including Savage X Fenty. |
| What was TechStyle Fashion Group's last investment? | In August 2019, TechStyle Fashion Group invested in Savage X Fenty's $50M Series A alongside Marcy Venture Partners, Polaris Partners, ACME Capital and 2 other investors. |
See companies similar to TechStyle Fashion Group
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




