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Post-Brexit, German shopping service Outfittery raises $22M round led by UK’s Octopus

15.08.2016

Outfittery, a curated shopping service for men’s clothing, has raised $22 million in a new funding round led by London and New York-based VC firm Octopus Ventures. The so-called “U-Start Club” also joined the round — they are an Italian group of investors which incorporates several family offices tied to the fashion industry in the country. You’d expect Italian fashion houses to invest in such a company, right? Existing investors Northzone Capital, Highland Europe, Holtzbrinck Ventures and Mangrove Capital Partners also participated. The startup will use the funds to expand in Europe and improve customer experience. Outfittery has now raised $59.81m in total, in five rounds from 12 Investors.