About TechStyle
TechStyle is a company based in El Segundo (United States) founded in 2010 by Don Ressler and Adam Goldenberg.. TechStyle has raised $340 million across 5 funding rounds from investors including Passport Capital, TCV and Matrix. The company has 1,966 employees as of December 31, 2022. TechStyle has completed 5 acquisitions, including ChicChickClub, FabKids and Fabletics. TechStyle offers products and services including Fashion Incubation Platform and Membership Services. TechStyle operates in a competitive market with competitors including THG, Merama, Mensa Brands, GOAT Brand Labs and GlobalBees, among others.
- Headquarter El Segundo, United States
- Employees 1966 as on 31 Dec, 2022
- Founders Don Ressler, Adam Goldenberg
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Sectors
RetailTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Just Fabulous, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$340 M (USD)
in 5 rounds
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Latest Funding Round
$85 M (USD), Series C
Aug 28, 2014
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Investors
Passport Capital
& 4 more
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Employee Count
1966
as on Dec 31, 2022
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Investments & Acquisitions
ChicChickClub
& 4 more
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Products & Services of TechStyle
TechStyle offers a comprehensive portfolio of products and services, including Fashion Incubation Platform and Membership Services. 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.
Platform for creating and launching innovative online fashion brands
Services providing personalized fashion experiences through memberships
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Funding Insights of TechStyle
TechStyle has successfully raised a total of $340M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $85 million completed in August 2014. 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 5
- Last Round Series C — $85.0M
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First Round
First Round
(21 Sep 2011)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2014 | Amount | Series C - TechStyle | Valuation | Passport Capital | |
| Dec, 2013 | Amount | Series C - TechStyle | Valuation | Matrix , Intelligent Beauty | |
| Sep, 2013 | Amount | Series C - TechStyle | Valuation | Intelligent Beauty |
| 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 TechStyle
TechStyle has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Passport Capital, TCV and Matrix. 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 is invested in global technology companies by TCV.
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Founded Year | Domain | Location | |
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Early-stage ventures are funded by the investment firm.
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Founded Year | Domain | Location | |
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Early-stage tech startups are invested in by Rho Capital Partners.
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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 TechStyle
TechStyle has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include ChicChickClub, FabKids and Fabletics. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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An online subscription service for personalized kids' wear is operated.
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2012 | ||||
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Personalized monthly shoe selections are curated online via style quizzes.
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2011 | ||||
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Shoes are designed, manufactured, and retailed from Barcelona.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TechStyle
| 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 |
Techstyle Comparisons
Competitors of TechStyle
TechStyle 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 THG, Merama, Mensa Brands, GOAT Brand Labs and GlobalBees, 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 |
Digital consumer brands are acquired and enabled by technology platform.
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| domain | founded_year | HQ Location |
Platform acquiring eCommerce businesses
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| domain | founded_year | HQ Location |
Crafts global health and wellness brands for digital platforms.
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| domain | founded_year | HQ Location |
Investment and scaling of D2C lifestyle brands are facilitated.
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| domain | founded_year | HQ Location |
Direct-to-consumer brands are built and scaled through a technology platform.
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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 Techstyle
Frequently Asked Questions about TechStyle
When was TechStyle founded?
TechStyle was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is TechStyle located?
TechStyle is headquartered in El Segundo, United States. It is registered at El Segundo, California, United States.
Who is the current CEO of TechStyle?
Don Ressler is the current CEO of TechStyle. They have also founded this company.
Is TechStyle a funded company?
TechStyle is a funded company, having raised a total of $340M across 5 funding rounds to date. The company's 1st funding round was a Series C of $40M, raised on Sep 21, 2011.
How many employees does TechStyle have?
As of Dec 31, 2022, the latest employee count at TechStyle is 1,966.
What does TechStyle do?
TechStyle was founded in 2010 and is headquartered in El Segundo, United States. Solutions for membership-based commerce in the fashion sector are delivered, encompassing proprietary software for e-commerce platforms and subscription billing management. Personalization tools are supplied alongside data-driven services, including design, merchandising, supply chain oversight, and fulfillment operations for brands and retailers.
Who are the top competitors of TechStyle?
TechStyle's top competitors include Mensa Brands, THG and Merama.
What products or services does TechStyle offer?
TechStyle offers Fashion Incubation Platform and Membership Services.
How many acquisitions has TechStyle made?
TechStyle has made 5 acquisitions, including ChicChickClub, FabKids, and Fabletics.
Who are TechStyle's investors?
TechStyle has 5 investors. Key investors include Passport Capital, TCV, Matrix, Intelligent Beauty, and Rho Capital Partners.
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