Generation Tux

Oakland, United States Founded: 2014 • Age: 12 yrs
Tuxedos for men are rented via an online platform.
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About Generation Tux

Generation Tux is a company based in Oakland (United States) founded in 2014.. Generation Tux has raised $42.53 million across 1 funding round. Generation Tux has completed 1 acquisition, including Menguin. Generation Tux operates in a competitive market with competitors including The Black Tux, Vow To Be Chic, Union Station, Menguin and SnapSuits, among others.

  • Headquarter Oakland, United States
  • Sectors
    Retail
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → Fashion & Retail Innovation
Media & Entertainment → Event & Media Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $42.53 M (USD)

    in 1 rounds

  • Latest Funding Round
    $42.53 M (USD), Series B

    Sep 29, 2015

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of Generation Tux
Headcount 50-200
Employee Profiles 18
Employee Profiles
People
Tessa Y.
Director Of Business Development And Field Operations
People
Rost M
Senior Software Engineer
People
Chris Lorenzo
Sr. Vice President Business Development & Field Operations
People
Evan Decker
React Software Engineer

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Funding Insights of Generation Tux

Generation Tux has successfully raised a total of $42.53M through 1 strategic funding round. The most recent funding activity was a Series B round of $42.53 million completed in September 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series B — $42.5M
  • First Round

    (29 Sep 2015)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2015 Amount Series B - Generation Tux Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Generation Tux

Generation Tux has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Menguin. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Men's wedding attire is rented online through a customizable platform.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Generation Tux

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Generation Tux Comparisons

Employees
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Competitors of Generation Tux

Generation Tux operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as The Black Tux, Vow To Be Chic, Union Station, Menguin and SnapSuits, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Men's wedding apparel rentals are provided via an online platform.
domain founded_year HQ Location
Designer bridesmaid dresses and Little White Dresses are rented online.
domain founded_year HQ Location
Manages an e-commerce store specializing in bridesmaids dresses.
domain founded_year HQ Location
Men's wedding attire is rented online through a customizable platform.
domain founded_year HQ Location
SnapSuits specializes in custom-fit suits tailored for grooms.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Generation Tux

Frequently Asked Questions about Generation Tux

When was Generation Tux founded?

Generation Tux was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Generation Tux located?

Generation Tux is headquartered in Oakland, United States. It is registered at Oakland, California, United States.

Is Generation Tux a funded company?

Generation Tux is a funded company, having raised a total of $42.53M across 1 funding round to date. The company's 1st funding round was a Series B of $42.53M, raised on Sep 29, 2015.

What does Generation Tux do?

Generation Tux was founded in 2014 in Oakland, United States, as an online platform in the formal wear rental sector. Events are created by users to initiate tuxedo searches through a digital catalog. Tailored options are requested based on event needs, with self-measurements submitted via video tutorials. Orders are placed online and shipped seven days prior to events, offering rental periods from 10 days onward.

Who are the top competitors of Generation Tux?

Generation Tux's top competitors include The Black Tux, Vow To Be Chic and Menguin.

How many acquisitions has Generation Tux made?

Generation Tux has made 1 acquisition, including Menguin.

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