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Transaction
Videdressing raises $6m

Date
April, 2013
Sectors

Fashion Marketplace

Deal type

Private Placement

Deal locations

France

Deal Team
IMG_5483 (2)_JPG.avif
Sandrine
Vergnory-Mion
M&A Advisory
Background
  • Videdressing is the largest and the fastest growing online fashion marketplace. It offers shoppers a true fashion ecommerce experience with a compelling value proposition for both buyers and sellers. Founded by a bi-cultural (US / French) team at the end of 2009, the company has been experiencing explosive growth with revenues multiplied fivefold over the past year.

  • DN Capital is a pan-European investor, whose mission is to help companies become global leaders in their respective markets. They provide early-stage capital to entrepreneurs, and growth equity to fast-growing companies in the digital media, e-commerce and software sectors.

  • Piton Capital invests in online businesses with network effects, having experienced first-hand the power of businesses based on network economics at Autotrader, Betfair and QXL Ricardo. The fund invests from seed to late stage throughout Europe.

  • Generis Capital is a Paris-based venture capital fund manager, focused on providing both equity and debt financing to growth companies. The partners at Generis Capital bring over 40 years of experience managing 90 private equity investments since 1998 for a total amount of capital deployed over EUR 380 M.

  • Earlybird is one of the leading private equity and venture capital investment firms in Germany with EUR 500 M under management. The fund has invested in more than 70 companies with a focus on enabling fast growing companies led by great founding teams.

Process
  • The company had previously raised a total of €1m with Business Angels.
    The funds will be used to further accelerate its growth and increase its market share in France and expand globally.
    The new funding will enable them to continue to invest in strengthening and expanding their business so we can help more customers in France and beyond to find more covetable products at highly attractive prices.

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