# Le Grand Dressing

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/le-grand-dressing

- Industry: Consumer Products
- Headquarters: France
- Website: www.legranddressing.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Oct 15, 2019)
- Investors on record: 2

## About

Le Grand Dressing is a French company offering a unique clothing rental service for men, enabling customers to curate their wardrobes flexibly and sustainably through a diverse selection of fashion brands.Founded in 2016 in France, Le Grand Dressing specializes in clothing rental services for men. The company has maintained its focus on providing sustainable fashion solutions without notable pivots. It operates out of France and has secured a Seed funding round of EUR 0.495 mn from investors including New Aquitaine Co-Investment and Newfund Management, bringing the total amount raised to EUR 0.495 mn and a current valuation of EUR 2.119 mn.Le Grand Dressing specializes in an innovative clothing rental service tailored specifically for men, providing a flexible and limitless wardrobe experience. Customers can select a personalized box containing six pieces from a diverse catalog that features over 70 fashionable brands, allowing them to explore and express their personal style. The service addresses modern consumer needs for sustainable and versatile fashion options, enabling users to refresh their wardrobes seasonally or experiment with new styles without long-term commitments. The offerings are designed for style-conscious individuals and environmentally aware consumers, with operations in France and other select European markets.Le Grand Dressing operates primarily on a subscription-based revenue model, where clients pay a monthly fee to access unlimited wardrobe rental service. The standard pricing plan allows customers to receive one box per month containing six selected clothing items for a fee of EUR 59.99 for the first month. Subscribers can return items after a month and choose new selections for the following cycle, with additional services allowing the purchase of items at discounted rates. This direct-to-consumer approach captures a diverse client base, enhancing revenue through subscription fees and retail sales of individual items.Le Grand Dressing is strategizing for future growth by focusing on expanding its product offerings and geographical reach. The company is exploring the design and launch of new products, though specific release dates are not outlined. Plans for expansion include entering new markets in Europe, using recent funding to support these initiatives. Notably, Newfund Management has exited its stake in Le Grand Dressing, SAS, with financial terms undisclosed.

## Funding rounds

- Seed, Oct 15, 2019, $0.5M — Newfund, New Aquitaine Co-Investment

## Investors

- Newfund (https://capitalatlas.ai/funds/newfund) — Seed
- New Aquitaine Co-Investment — Seed