About Le Tote
Le Tote is a Retail company based in San Francisco (United States) founded in 2012. Subscription-based fashion rentals are provided through an online platform. Le Tote has raised $39.23 million across 7 funding rounds from investors including FundersClub, The Carlyle Group and Lerer Hippeau. The company has 2,564 employees. Le Tote has completed 1 acquisition, including Lord Taylor. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Multi Category. Its legal entity is Le Tote, Inc. Its competitors include Curtsyapp, For Days and Pickle; 3 of its 3 listed competitors have raised funding.
Company details
Le Tote was founded in 2012 in San Francisco, United States, as an online B2C platform in the fashion rental sector. Subscription boxes containing multi-category items such as tops, bottoms, jewelry, bags, footwear, dresses, and outerwear are offered to users. Customization of boxes from available products is enabled, along with the option to purchase selected items. Operations focus on rental services for apparel and accessories.
- Headquarters San Francisco, United States
- Employees 2,564
- SectorsRetail
- Email••••••••
- Website letote.com
- Social LinkedIn X Facebook
- Legal Name Le Tote, Inc.
- Total Equity Funding$39.23M (USD)
in 7 rounds
- InvestorsFundersClub
& 19 more
- Employee Count2,564
- Investments & Acquisitions
Funding Insights of Le Tote
Le Tote has successfully raised a total of $39.23M across 7 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 $39.23M
- Total Rounds 7
- First Round $1.75M
(Jul 2013)
- Investors Count 20
All 7 funding rounds of Le Tote with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2019 | Debt – Conventional | – | – | ||
| Mar 2018 | $13.43M | Series C | – | – | |
| Aug 2015 | $15M | Series B | – | AITV | |
| Feb 2015 | $8.8M | Series A | – | Azure Capital Partners | |
| Jul 2014 | $250,000 | Seed | – | – | |
| Jun 2014 | Seed | – | – | ||
| Jul 2013 | $1.75M | Seed | – | – |
20 investors in total: 18 institutional and 2 angel.
Investors in Le Tote
Le Tote has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include FundersClub, The Carlyle Group and Lerer Hippeau.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com | ||
Investments are made in early to mid-stage technology companies. | swayvc.com | San Francisco, United States | ||
USA focused VC firm investing in seed and early stage startups | 2010 | lererhippeau.com | New York, United States | |
Corporate backed venture capital fund investing in multiple sectors | gv.com | Mountain View, United States | ||
Early-stage VC investments and corporate advisory services are provided. | chrystalcapital.com | London, United Kingdom | ||
Early-stage investments are targeted by Azure Capital Partners. | 2000 | azurecap.com | San Francisco, United States | |
Early-stage technology companies are funded by this venture capital firm. | epicvc.com | Salt Lake City, United States | ||
Investments are made in early and growth-stage US tech companies. | aitv.co | San Diego, United States | ||
Corporate-backed venture investments are directed toward energy and multiple sectors. | simonventures.co | New York, United States | ||
US focused VC firm | 2003 | arsenalgrowth.com | Winter Park, United States |
Investor details for Le Tote
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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People of Le Tote
3 people are tracked at Le Tote (1 in leadership, 2 in team); the tracked headcount is 2,564.
| Name | Role | Group |
|---|---|---|
Scott Borrero | Director of Photography | Leadership |
Michael van den Berg | General Counsel | Team |
Robert Escobar | SVP, Supply Chain & Operations, Customer Experience | Team |
Complete people profiles for Le Tote
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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Investments & Acquisitions by Le Tote
Le Tote has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lord Taylor.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Fashion apparel, footwear, and accessories are sold online and globally. | lordandtaylor.com | New York, United States | 1826 | Aug 2019 | $74.91M |
Complete acquisition details for Le Tote
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
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- Exports
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Timeline of Le Tote
4 dated milestones of Le Tote across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Le Tote is founded.
- Funding First funding round of $1.8M.
- Acquisition Acquires Lord Taylor.
- Funding Latest funding round, Debt – Conventional,.
Competitors of Le Tote
Le Tote has 3 listed competitors in our database, 3 of them funded. They include Curtsyapp, For Days and Pickle.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| curtsyapp.com | 2015 | Mountain View, United States | $11.12M | 10 | Apparel and accessories are rented peer-to-peer via mobile apps. | |
| fordays.com | 2018 | Los Angeles, United States | $2.8M | Online rental platform offering multi-category fashion products | ||
| shoponpickle.com | 2021 | New York, United States | $20.52M | Multi-category fashion items are rented peer-to-peer in local communities. |
Detailed competitors of Le Tote
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- Full competitor set
- Operating metrics
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- Competitive positioning
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Web traffic of Le Tote
Websites that share an audience with Le Tote (letote.com).
Websites whose visitors overlap most with Le Tote. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
blog.stitchfix.com | blog.stitchfix.com | 100% | – | ||
bridesire.com | bridesire.com | 60% | – | ||
| renttherunway.com | 44% | 3.3M | #15,336 | View details | |
| facebook.com | 42% | 12.1B | #3 | View details | |
| themscollection.com | 41% | 680.7K | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Le Tote
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- 10 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Fashion & Lifestyle E-Commerce
2 companies that operate in the same segment as Le Tote (Fashion & Lifestyle E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | |||
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 |
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Related news about Le Tote
Complete news archive for Le Tote
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Frequently Asked Questions about Le Tote
Le Tote was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Le Tote is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Le Tote is a funded company, having raised a total of $39.23M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1.75M, raised on Jul 2013.
Le Tote has 2,564 employees.
Le Tote was founded in 2012 in San Francisco, United States, as an online B2C platform in the fashion rental sector. Subscription boxes containing multi-category items such as tops, bottoms, jewelry, bags, footwear, dresses, and outerwear are offered to users. Customization of boxes from available products is enabled, along with the option to purchase selected items. Operations focus on rental services for apparel and accessories.
Le Tote has made 1 acquisition, including Lord Taylor.
Le Tote has 20 investors. Key investors include FundersClub, The Carlyle Group, Lerer Hippeau, Azure Capital Partners, and Arsenal Growth Equity.
Le Tote operates through Le Tote, Inc..