About Madhappy
Madhappy is a company based in Los Angeles (United States) founded in 2004 by Joshua Sitt.. Madhappy has raised $3.8 million across 2 funding rounds from investors including Sweetgreen, MeUndies and Tommy Hilfiger. Madhappy operates in a competitive market with competitors including True Religion Apparel, Everlane, 100 Thieves, Chubbies Shorts and American Giant, among others.
- Headquarter Los Angeles, United States
- Founders Joshua Sitt
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Sectors
Retail
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Email
***********
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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
$3.8 M (USD)
in 2 rounds
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Latest Funding Round
$1.8 M (USD), Seed
Oct 10, 2019
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Investors
Sweetgreen
& 4 more
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Employee Count
Employee Count
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Funding Insights of Madhappy
Madhappy has successfully raised a total of $3.8M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.8 million completed in October 2019. 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 2
- Last Round Seed — $1.8M
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First Round
First Round
(01 Mar 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Seed - Madhappy | Valuation | LVMH Luxury Ventures | |
| Mar, 2019 | Amount | Seed - Madhappy | Valuation | Sweetgreen , MeUndies |
| 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 Madhappy
Madhappy has secured backing from 5 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Sweetgreen, MeUndies and Tommy Hilfiger. 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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Founded Year | Domain | Location | |
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Salads and meal bowls are offered by restaurant chains.
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Founded Year | Domain | Location | |
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Internet-first brand of inner wear for both men and women
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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 Madhappy
| 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 - Madhappy
| 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 |
Madhappy Comparisons
Competitors of Madhappy
Madhappy 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 True Religion Apparel, Everlane, 100 Thieves, Chubbies Shorts and American Giant, 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 of fashion apparel wear for men and women
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| domain | founded_year | HQ Location |
Multi-category fashion products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category casual apparel is offered online for men and women.
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| domain | founded_year | HQ Location |
Men's casual apparel and swimwear are designed and retailed.
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| domain | founded_year | HQ Location |
American Giant is focused on producing American-made clothing and activewear.
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| domain | founded_year | HQ Location |
Cotopaxi is engaged in selling outdoor gear and apparel.
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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 Madhappy
Frequently Asked Questions about Madhappy
When was Madhappy founded?
Madhappy was founded in 2004 and raised its 1st funding round 15 years after it was founded.
Where is Madhappy located?
Madhappy is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Madhappy a funded company?
Madhappy is a funded company, having raised a total of $3.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Mar 01, 2019.
What does Madhappy do?
Madhappy was founded in 2004 by Joshua Sitt in Los Angeles, United States. Operations are centered on an internet-first model within the apparel sector, where casual clothing for men and women is designed and distributed primarily through digital channels. The brand maintains a focus on accessible fashion items, with headquarters based in Los Angeles to support U.S.-centric supply and sales networks.
Who are the top competitors of Madhappy?
Madhappy's top competitors include True Religion Apparel, Everlane and Cotopaxi.
Who are Madhappy's investors?
Madhappy has 5 investors. Key investors include Sweetgreen, MeUndies, Tommy Hilfiger, LVMH Luxury Ventures, and Justin Caruso.