Trunk Club Obtains $11,000,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=488c9b3e-e6e3-4d91-be8c-f65928e771bb&Preview=1
Date
9/8/2011
Company Name
Trunk Club
Mailing Address
311 W. Superior St Chicago, IL 60654
Company Description
Like many guys, we’ve always felt the traditional shopping experience, either in retail stores or online, wasn’t working for us. It’s time consuming, overwhelming, and not personalized at all. Even with all the great options out there, finding the best stuff for us always seemed unnecessarily difficult and inefficient.
Website
http://www.trunkclub.com
Transaction Type
Venture Equity
Transaction Amount
$11,000,000
Transaction Round
Series A
Proceeds Purposes
The company plans to use the new funds to develop its technology platform, add to its team of Style Experts, and market to new customers.
M&A Terms
Venture Investor
U.S. Venture Partners
Venture Investor
Apex Venture Partners
Venture Investor
Greycroft Partners