The Modist

Dubai, United Arab Emirates Founded: 2017 • Age: 9 yrs
Operates an e-commerce store specializing in designer fashion apparel and accessories for women.
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About The Modist

The Modist is a company based in Dubai (United Arab Emirates) founded in 2017 by Ghizlan Guennez. It operates as a B2C. The Modist has raised $15 million across 2 funding rounds from investors including FARFETCH, Chalhoub Group and Nicola Bulgari. The Modist operates in a competitive market with competitors including Namshi, 6thStreet, SIVVI.COM, BOKSHA and Padini, among others.

  • Headquarter Dubai, United Arab Emirates
  • Founders Ghizlan Guennez
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $15 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
    FARFETCH

    & 3 more

  • Employee Count
    Employee Count
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Funding Insights of The Modist

The Modist has successfully raised a total of $15M across 2 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 Rounds 2
  • Last Round
  • First Round

    (06 Jun 2018)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2019 Amount Series B - The Modist Valuation Farfetch
Jun, 2018 Amount Series B - The Modist Valuation Vaultier7
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

Investors in The Modist

The Modist has secured backing from 4 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include FARFETCH, Chalhoub Group and Nicola Bulgari. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Multi-category fashion products are retailed online for diverse demographics.
Founded Year Domain Location
Luxury cosmetics are retailed, distributed, and marketed globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by The Modist

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

Financial Statements - The Modist

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

The Modist Comparisons

Employees
+
Add Comparison
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Competitors of The Modist

The Modist 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 Namshi, 6thStreet, SIVVI.COM, BOKSHA and Padini, 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
Online retailer of multi-category fashion products for men, women & kids
domain founded_year HQ Location
Online shopping platform offering multi-category fashion products for men, women, and kids.
domain founded_year HQ Location
Multi-category fashion products are retailed online across the Middle East.
domain founded_year HQ Location
Multi-category fashion products are sold via an online marketplace.
domain founded_year HQ Location
Online retailer of multi-category fashion products for men, women & kids
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 The Modist

Frequently Asked Questions about The Modist

When was The Modist founded?

The Modist was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is The Modist located?

The Modist is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.

Who is the current CEO of The Modist?

Ghizlan Guennez is the current CEO of The Modist. They have also founded this company.

Is The Modist a funded company?

The Modist is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Jun 06, 2018.

What does The Modist do?

The Modist operates an e-commerce store specializing in designer fashion apparel and accessories for women through engaging in retail operations, operating online marketplaces, dealing with fashion products, and womens apparel and accessories. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.

Who are the top competitors of The Modist?

The Modist's top competitors include Namshi, SIVVI.COM and Padini.

Who are The Modist's investors?

The Modist has 4 investors. Key investors include FARFETCH, Chalhoub Group, Nicola Bulgari, and Vaultier7.

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