StyleTrek.com is a crowdsourced e-commerce platform selling products of independent designers via various patented brands.
Business Model: B2B
Revenue: $0
Employees: 11-50
Address:
City: New York
State: New York
Zip:
Country: United States
StyleTrek.com, the crowdsourced e-commerce boutique showcasing the world’s hottest independent fashion designers, was founded in February 2010 by fashion industry and e-commerce veteran Cecilia Pagkalinawan. Launched in September 2010 and expanded beyond the US to an additional 91 countries in December, StyleTrek’s content and creative process is fueled by crowdsourcing, with most tips coming from sophisticated fashion cognoscenti. Its growing community of fashion-seekers and cool hunters has garnered rave reviews from New York Times to Wall Street Journal. “StyleTrek has surely tapped into an underdeveloped segment of the market, especially as many consumers are looking for things that can’t be found everywhere and want them at reasonable prices.†Cathy Horyn, New York Times “Founder Cecilia Pagkalinawan seems to have struck a chord with industry insiders. Her direct ecommerce experience at Burberry and La Perla, and relationships in the fashion industry will server her well.†Imran Amed, Business of Fashion StyleTrek designers have the unique opportunity to get consumer feedback at every stage of the design and production process. In addition, the select group of designer entrepreneurs gain access to StyleTrek’s robust e-commerce platform, contacts with manufacturing facilities and experienced management team and advisors. StyleTrek’s business model allows designers to retain a larger portion of retail sales in order to use proceeds to fund further growth of their businesses.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2010 | Seed Round | 6 | $1.5M |
Angel Hub Freestyle Capital Madison Angels Pelion Venture Partners Primera Capital RRE Ventures Angel Hub Freestyle Capital Madison Angels Pelion Venture Partners Primera Capital RRE Ventures |
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