Modasuite

Consumer ProductsSeries CMontreal, Canadafrankandoak.com

Latest round

Series C

Last raised

Feb 2018

Total raised

$40M

Investors

9

About Modasuite

Founded in 2012 in Montreal, Canada, Modasuite Inc. operates the Frank And Oak brand, which focuses on creating sustainable fashion.Frank And Oak offers a diverse range of apparel and accessories, focusing on sustainable fashion that integrates seamlessly into everyday life. Their core product portfolio includes women's and men's clothing such as sweaters, shirts, jeans, and outerwear, which are designed with eco-friendly materials and practices in mind. These products cater to fashion-conscious consumers who prioritize sustainability in their purchasing decisions, appealing particularly to customers in North America and select international markets.Frank And Oak generates revenue primarily through direct-to-consumer sales via its e-commerce platform, complemented by retail partnerships. The transaction structure is designed to facilitate a seamless purchasing experience for consumers, enabling them to buy individual items or take advantage of promotional offers. The company's pricing strategy includes competitive pricing for its signature products, such as the Lightweight Crewneck Sweater and the Velvet Crewneck Sweater, which are marketed at prices designed to appeal to a broad customer base.Modasuite Inc. The company is developing new sustainable clothing items with expected launches in the upcoming seasons. Additionally, there are plans for geographical expansion, targeting both North American and international markets by 2022.

Who invested in Modasuite

9 investors across 4 rounds

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Funding rounds

  1. Series C

    Feb 13, 2018

    Amount

    $16M

    Investors

    Locked

  2. Series C

    Aug 21, 2015

    Amount

    $3.8M

    Investors

    Locked

  3. Series B

    Sep 4, 2014

    Amount

    $15M

    Investors

    Locked

  4. Series A

    Oct 12, 2012

    Amount

    $5M

    Investors

    Locked

Questions about Modasuite

Who invested in Modasuite?

Modasuite has 9 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Modasuite raised?

Modasuite has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Modasuite last raise money?

Modasuite's most recent round on record is a Series C, in Feb 2018.

What does Modasuite do?

Founded in 2012 in Montreal, Canada, Modasuite Inc.

Where is Modasuite headquartered?

Modasuite is headquartered in Montreal, Canada.

Which VCs invest in companies like Modasuite?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at Modasuite's stage. Their profiles are linked below.

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