Subscription service for women's apparel & accessories.
Company is closed
Event Year: 2013
Company is closed
Event Year: 2013
Le Tote was a pioneering online fashion subscription service designed to provide women with access to a rotating, personalized wardrobe of everyday clothing and accessories. The company employed a data-centric approach to the retail experience, aiming to revolutionize the future of commerce. By leveraging a vast dataset of over 2 billion customer data points, Le Tote developed a proprietary style and personalization engine driven by sophisticated algorithms. This engine was supported by custom-built, end-to-end technology and logistics solutions to streamline operations and enhance the customer experience. Operating across 48 states in the U.S. and expanding into China, Le Tote experienced significant growth, exceeding 300% year-over-year for two consecutive years. The company secured over $60 million in funding from prominent venture capital firms, including Andreessen Horowitz, Google Ventures, Y Combinator, Azure Capital, and Sway Ventures, before ultimately ceasing operations.
Le Tote was a pioneering online fashion subscription service designed to provide women with access to a rotating, personalized wardrobe of everyday clothing and accessories. The company employed a data-centric approach to the retail experience, aiming to revolutionize the future of commerce. By leveraging a vast dataset of over 2 billion customer data points, Le Tote developed a proprietary style and personalization engine driven by sophisticated algorithms. This engine was supported by custom-built, end-to-end technology and logistics solutions to streamline operations and enhance the customer experience. Operating across 48 states in the U.S. and expanding into China, Le Tote experienced significant growth, exceeding 300% year-over-year for two consecutive years. The company secured over $60 million in funding from prominent venture capital firms, including Andreessen Horowitz, Google Ventures, Y Combinator, Azure Capital, and Sway Ventures, before ultimately ceasing operations.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2013
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2013
Consumer
Consumer
Consumer -> Apparel and Cosmetics
Consumer -> Apparel and Cosmetics
Team size: 201
Hiring: No
Team size: 201
Hiring: No