# Style Net Media

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/style-net-media

- Industry: Internet
- Headquarters: Hamburg, Germany
- Website: www.stylelounge.de
- Total disclosed funding: $2.6M
- Latest round: Series A (Aug 11, 2015)
- Investors on record: 4

## About

Style Net Media GmbH is an online fashion platform that aggregates products from leading brands, offering a wide selection of apparel, accessories, and footwear for various consumer demographics.Founded in 2014 and headquartered in Hamburg, Germany, Style Net Media GmbH operates a fashion aggregation platform. The company has undergone growth initiatives, culminating in its acquisition by Kleding B.V. in July 2019. Tracy Holden, the founder, has a history of entrepreneurial ventures. The company has engaged in 5 deals, with its latest funding round being a Series A where it raised EUR 2.30 mn, led by TA Ventures, and its total amount raised is also EUR 2.30 mn, resulting in a current company valuation of EUR 8.849 mn.Style Net Media GmbH provides an online fashion platform that aggregates a diverse range of products from over 2000 leading fashion brands. Core offerings include apparel, footwear, accessories, and swimwear for men, women, and children, catering to a wide array of consumer preferences. They also offer promotional codes and discounts, enhancing the shopping experience across multiple European countries including Germany, France, the Netherlands, and Italy.The company generates revenue primarily through affiliate marketing, earning commissions on sales made through its platform when users purchase from partner retailers. This B2C model is augmented by strategic promotional efforts that attract consumers to their extensive catalog, ensuring engagement and sales growth.Following the recent acquisition by Kleding B.V. in July 2019, Style Net Media GmbH plans to leverage its new resources for expanding product offerings and entering new markets. The company is looking to introduce innovative products and further penetrate European markets. Recent funding from the Series A will support these initiatives to enhance market presence and product diversity.

## Funding rounds

- Series A, Aug 11, 2015, $2.6M — TA Ventures, Astutia, TruVenturo, Axivate Capital
- Seed, Jun 15, 2014 — TA Ventures

## Investors

- TA Ventures (https://capitalatlas.ai/funds/ta-ventures) — Seed, Series A
- Astutia (https://capitalatlas.ai/funds/astutia) — Series A
- TruVenturo (https://capitalatlas.ai/funds/truventuro) — Series A
- Axivate Capital (https://capitalatlas.ai/funds/axivate-capital) — Series A