Earlybird et al. back $6m series-A for Videdressing.com

Tweet
Facebook
LinkedIn
Google plus
Send to

Earlybird Venture Capital, DN Capital and Piton Capital have backed a $6m series-A funding round for Paris-based fashion marketplace Videdressing.com.

Earlybird, DN and Piton co-led the investment in Videdressing.com and were joined by Generis Capital. The company will use the funding to further accelerate its growth and increase its market share in France while also tapping into the international market, initially by launching an English version of its website.

The deal was initiated by Paris-based M&A consultancy LD&A.

Company
Videdressing.com was founded by Meryl Job and Renaud Guillerm in December 2009. The company runs a website that functions as a social marketplace for high-end fashion.

The site's catalogue counts nearly 400,000 items and is growing at a rate of more than 2,500 products per day. Women's fashion accounts for the vast majority of the business, with new or unworn products representing around 25% of the product offer. Videdressing.com currently employs 20 people.

People
Hendrik Brandis is a partner at Earlybird.

Advisers
Equity – LD&A (M&A); Taylor Wessing (Legal).