Curated Fashion Marketplace Grailed Raises $15 Million in Series A Funding

By StartUp City

Grailed, an  NYC-based fashion marketplace community for curated men's attire, successfully closed a $15M Series A financing.

The round was driven by Index Ventures, with support from Thrive Capital and Simon Ventures. In conjunction with the financing, Danny Rimer, General Partner at Index Ventures, will join the organization's Board of directors.

The organization, which has raised about $20m up in total financing, means to utilize the assets to additionally improve the customer experience, expand marketing endeavors, and quicken item supply across Grailed and its womenswear-centered sister property, Heroine, which propelled in October 2017.

Helped to establish by Arun Gupta (CEO) who is a co-founder of Grailed, and Julian Connor (CTO), Jake Metzger (Head of Marketing). Grailed is a community marketplace for curated men's apparel. Both Grailed and Heroine highlight items from selective streetwear, designer, and contemporary style brands including Supreme, Off White, Rick Owens, Raf Simons, Gucci, Celine, Saint Laurent, Balenciaga, Prada and then much more.