Velvet by Graham & Spencer

Culver City, United States Founded: 1997 • Age: 29 yrs Acquired By Adastria
Apparel for men and women is offered by Velvet.

About Velvet by Graham & Spencer

Velvet by Graham & Spencer is a company based in Culver City (United States) founded in 1997 by Jenny Graham and Toni Spencer was acquired by Adastria in April 2017. It operates as a Direct-to-Consumer (D2C). Velvet by Graham & Spencer offers products and services including Women's Clothing, Men's Clothing, and Accessories. Velvet by Graham & Spencer operates in a competitive market with competitors including Inditex, Everlane, True Religion Apparel, American Eagle Outfitters and Hanes, among others.

  • Headquarter Culver City, United States
  • Founders Jenny Graham, Toni Spencer
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Velvet
Operational Areas
Retail → Consumer & Fashion Retail
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Adastria

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Adastria

    (Apr 03, 2017)

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Products & Services of Velvet by Graham & Spencer

Velvet by Graham & Spencer offers a comprehensive portfolio of products and services, including Women's Clothing, Men's Clothing, and Accessories. 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.

Primary

Women's clothing items are offered in various styles.

Men's clothing items are provided for different seasons.

Fashion accessories are sold to complement clothing lines.

People of Velvet by Graham & Spencer
Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Cristina Gregoris
Sr. Merchandising Manager
People
Andrew Didrick Pitts
Ecommerce Product Specialist
People
Ester Lapidus
Assistant Manager

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Funding Insights of Velvet by Graham & Spencer

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2011 Amount Series A - Velvet by Graham & Spencer Valuation

investors

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 Velvet by Graham & Spencer

Velvet by Graham & Spencer has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Adastria and TruArc Partners. 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
Investor Description Founded Year Domain Location
Private equity investments are managed for middle market companies.
Founded Year Domain Location
Clothing and accessories are retailed through multiple fashion brands.
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 Velvet by Graham & Spencer

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 - Velvet by Graham Spencer

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

Velvet By Graham & Spencer Comparisons

Employees
+
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Competitors of Velvet by Graham & Spencer

Velvet by Graham & Spencer 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 Inditex, Everlane, True Religion Apparel, American Eagle Outfitters and Hanes, 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
Retailer of fashion products
domain founded_year HQ Location
Multi-category fashion products are offered via an internet-first brand.
domain founded_year HQ Location
Internet first brand of fashion apparel wear for men and women
domain founded_year HQ Location
Multi-category fashion products for men and women are offered.
domain founded_year HQ Location
Casual apparel for men and women is provided by Hanes.
domain founded_year HQ Location
Men's casual apparel and swimwear are designed and retailed.
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 Velvet By Graham & Spencer

Frequently Asked Questions about Velvet by Graham & Spencer

When was Velvet by Graham & Spencer founded?

Velvet by Graham & Spencer was founded in 1997 and raised its 1st funding round 14 years after it was founded.

Where is Velvet by Graham & Spencer located?

Velvet by Graham & Spencer is headquartered in Culver City, United States. It is registered at Culver City, California, United States.

Who is the current CEO of Velvet by Graham & Spencer?

Henry Hirschowitz is the current CEO of Velvet by Graham & Spencer.

What does Velvet by Graham & Spencer do?

Fashion apparel for men and women is retailed through an online platform by Velvet by Graham Spencer. A wide range of clothing items, including tees, outerwear, and loungewear, is offered for different seasons. Accessories to complement the clothing lines are also provided. The focus is placed on modern dressing with versatile silhouettes and timeless colors, primarily targeting the consumer market through direct sales.

Who are the top competitors of Velvet by Graham & Spencer?

Velvet by Graham & Spencer's top competitors include True Religion Apparel, Everlane and Inditex.

What products or services does Velvet by Graham & Spencer offer?

Velvet by Graham & Spencer offers Women's Clothing, Men's Clothing, and Accessories.

Who are Velvet by Graham & Spencer's investors?

Velvet by Graham & Spencer has 2 investors. Key investors include Adastria, and TruArc Partners.

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