Italic Receives $13,000,000 New Funding

Company Information

Company
Italic

Website

http://www.italic.com

Location
Undisclosed Los Angeles, CA 90008

Description
Italic lets individuals buy no-label nice things straight from the world’s best factories. Consumers get truly unbeatable value, factories bypass brands to earn more money, and Italic handles everything else from shipping to support.

Transaction Details

  • Date – 11/16/2018
  • Transaction Type – Venture Equity
  • Transaction Amount – $13,000,000
  • Transaction Round – Undisclosed
  • Acquire / Investor(s) – Comcast Ventures
  • Acquire / Investor(s) – Global Founders Capital
  • Acquire / Investor(s) – Index Ventures
  • Acquire / Investor(s) – Kindred
  • Acquire / Investor(s) – Ludlow Ventures
  • Acquire / Investor(s) – Undisclosed