Announced
Completed
Financials
Tags
Private
Private Equity
Friendly
United States
E-commerce
Single Bidder
fashion e-commerce platform
Acquisition
Venture Capital
Minority
Completed
Cross Border
Synopsis
New Enterprise Associates and Apax Partners led a $100m funding round for Moda Operandi, an e-commerce platform, with additional participation from the Santo Domingo family, Comerica Bank and TriplePoint Capital, among others. "Moda Operandi has really disrupted the traditional ecommerce model, using technology to give people unprecedented access to fashion. It was a really big idea when we led the Series A, and today Ganesh and the team are executing on that data-enabled retail model at scale. We are thrilled to continue supporting the company in this latest round," Tony Florence, NEA General Partner and Head of Technology Investing.
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