ThirdLove

RetailSeries BSan Francisco, USthirdlove.com

Latest round

Series B

Last raised

Jan 2019

Total raised

$46M

Investors

10

About ThirdLove

Based in California, US, ThirdLove, Inc.ThirdLove, Inc. was founded in 2013 in San Francisco, California. The company focuses on creating lingerie that fits a variety of body types, addressing common issues such as discomfort from traditional bras. The founders, Heidi Zak, David Spector, Rael Cohen, and Dave Spector, have a history in the fashion and retail sectors.ThirdLove specializes in high-quality bras and underwear designed to cater to diverse body types, emphasizing comfort and fit. Their core product offerings include a range of bras such as the 24/7® Classic T-Shirt Bra, Wireless Bras, and Wireless Bralettes, which utilize patented features like adjustable backs and removable pads for customizable lift and cleavage. These products aim to solve common issues faced by women, such as discomfort from traditional wired bras and inadequate fit options, particularly for those with half-cup sizes. ThirdLove serves a substantial customer base primarily in the United States and Canada, targeting individuals seeking both everyday wear and specialty products that prioritize sustainability and inclusivity, as highlighted by their use of breathable organic cotton and commitment to donation initiatives.ThirdLove generates revenue through direct-to-consumer sales, offering a diverse array of products at specific price points, such as the 24/7® Classic T-Shirt Bra priced at USD 72 and the Wireless Bralette at USD 48. The company’s transaction structure is primarily based on individual purchases, with potential for customer loyalty through their 'Hooked Rewards®' program, which incentivizes repeat purchases. Transactions typically occur via the company's online platform, allowing for straightforward payment processes and shipping arrangements. The pricing structure is designed to appeal to a wide range of consumers, enabling access to premium lingerie while maintaining a focus on quality and fit.ThirdLove plans to expand its product line with new offerings that cater to evolving customer needs, although specific release dates are not disclosed. The company is also targeting expansion into international markets, particularly focusing on Europe and Australia by the end of 2024.

Who invested in ThirdLove

10 investors across 3 rounds

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Funding rounds

  1. Series B

    Jan 29, 2019

    Amount

    $40M

    Investors

    Locked

  2. Series A

    May 6, 2016

    Amount

    Undisclosed

    Investors

    Locked

  3. Seed

    Aug 14, 2013

    Amount

    $5.6M

    Investors

    Locked

Questions about ThirdLove

Who invested in ThirdLove?

ThirdLove has 10 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has ThirdLove raised?

ThirdLove has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did ThirdLove last raise money?

ThirdLove's most recent round on record is a Series B, in Jan 2019.

What does ThirdLove do?

Based in California, US, ThirdLove, Inc.

Where is ThirdLove headquartered?

ThirdLove is headquartered in San Francisco, US.

Which VCs invest in companies like ThirdLove?

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

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