TheFashion.com raises DKK 10m from Vækstfonden
VУІkstfonden and North East Venture have completed a DKK 10m funding round for online fashion retail aggregator TheFashion.com.
The fresh capital will help TheFashion.com speed up its European growth strategy, which involves launching its service in Sweden, Germany and the Netherlands.
In addition to Vækstfonden, funding was provided by the small Copenhagen-based venture firm North-East Venture. The duo previously invested in cloud storage business RushFiles.
Previous funding
TheFashion.com received its first investment from incubator Rainmaking and the founder of former Vækstfonden-backed online design retailer Muuto.
Company
TheFashion.com is an online shopping website that aggregates results from hundreds of web-based retailers, such as Asos and Zalando, and gives its users an overview of the best product selections and pricing options – similar to travel aggregators such as Skyscanner or Travelocity.
Founded in the Autumn of 2013, the Copenhagen-based company currently operates in Denmark, the UK and US.
People
Kasper Vardrup is the CEO and co-founder of TheFashion.com, while Søren Jessen Nielsen is an investment manager at Vækstfonden.
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