About Indochino
Indochino is a company based in Vancouver (Canada) founded in 2007.. Indochino has raised $47.8 million across 6 funding rounds from investors including Mitsui & Co., Hubert Burda Media and Mallett. Indochino offers products and services including Custom Suits, Dress Shirts, Pants, and Blazers. Indochino operates in a competitive market with competitors including Knot Standard, J.Hilburn, Alton Lane, Acustom Apparel and Matchu, among others.
- Headquarter Vancouver, Canada
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$47.8 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Mitsui & Co.
& 8 more
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Employee Count
Employee Count
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Products & Services of Indochino
Indochino offers a comprehensive portfolio of products and services, including Custom Suits, Dress Shirts, Pants, and Blazers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tailored suits with customizable fabrics for individual fits.
Customizable shirts in premium materials for formal wear.
Tailored pants designed for precise measurements and styles.
Custom blazers offering various linings and fits for versatility.
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Funding Insights of Indochino
Indochino has successfully raised a total of $47.8M across 6 strategic funding rounds. 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 Funding
- Total Rounds 6
- Last Round Last Round
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series C - Indochino | Valuation | Mitsui |
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| Mar, 2016 | Amount | Series C - Indochino | Valuation | Dalian Dayang Chuangshi Clothing |
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| Mar, 2013 | Amount | Series B - Indochino | Valuation | Highland Capital Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Indochino
Indochino has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mitsui & Co., Hubert Burda Media and Mallett. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
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Founded Year | Domain | Location | |
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Tech-enabled companies are invested in by Acton Capital venture firm.
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Founded Year | Domain | Location | |
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Venture capital investment and entrepreneur support services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Indochino
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Indochino
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Indochino Comparisons
Competitors of Indochino
Indochino 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 Knot Standard, J.Hilburn, Alton Lane, Acustom Apparel and Matchu, 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 |
Internet first brand offering customized formal wear for men
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| domain | founded_year | HQ Location |
Customized luxury men's apparel is offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Formal men's wear is provided via an internet-first brand.
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| domain | founded_year | HQ Location |
Internet first brand of custom menswear using 3D measuring technology
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| domain | founded_year | HQ Location |
Menswear is customized online via AI measurements and bamboo fabric.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Indochino
Frequently Asked Questions about Indochino
When was Indochino founded?
Indochino was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Indochino located?
Indochino is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of Indochino?
Drew Green is the current CEO of Indochino.
Is Indochino a funded company?
Indochino is a funded company, having raised a total of $47.8M across 6 funding rounds to date. The company's 1st funding round was a Series B of $13.5M, raised on Apr 23, 2008.
What does Indochino do?
Indochino was founded in 2007 in Vancouver, Canada, and operates in the menswear sector. Custom-tailored clothing for men is offered through an internet-first model, with a product catalog that includes shirts, suits, pants, blazers, outerwear, and additional items. Customers are enabled to design shirts and suits on an online platform. An ordering system for wedding parties is also maintained online.
Who are the top competitors of Indochino?
Indochino's top competitors include Knot Standard, Alton Lane and J.Hilburn.
What products or services does Indochino offer?
Indochino offers Custom Suits, Dress Shirts, Pants, and Blazers.
Who are Indochino's investors?
Indochino has 9 investors. Key investors include Mitsui & Co., Hubert Burda Media, Mallett, Dayang, and Madrona.