Total amount raised
$52 Million
Latest funding date
2021-04-01
Location
Italic is an e-commerce platform that offers a variety of home goods, including bath towels, bed linens, aroma products, and hosting essentials. The platform emphasizes high-quality products at competitive prices and features collections like "The Ultraplush Collection" and "The Resort."
Italic also offers a membership program called "Italic Bold," which provides additional benefits such as $120 in credits and a free gift. Keep reading to explore the intricacies of Italic's fundraising journey and the investors backing this innovative platform.
What Is Italic?
Italic is an e-commerce platform specializing in high-quality home goods and lifestyle products. The company operates in the e-commerce industry, focusing on luxury and comfort with items such as towels, bathrobes, and bed sheets.
Italic promotes a membership program called "Italic Bold," which offers additional benefits to its members. The platform engages with its customers through social media and encourages user-generated content, making it a community-driven brand.
How Much Funding Has Italic Raised?
- Series A
- Amount Raised: USD 15,000,000
- Date: November 2018
- Lead Investors: Comcast Ventures, Global Founders Capital
- Series Unknown
- Date: December 2020
- Series B
- Amount Raised: USD 37,000,000
- Date: April 2021
Italic has raised a total of USD 52,000,000 in funding.
Key Investors
- Comcast Ventures
- Details: Comcast Ventures is the venture capital arm of Comcast Corporation, focusing on investing in innovative companies. They provide strategic support and resources to help startups grow.
- Investment Focus Areas: Media, technology, consumer products
- Notable Investments: Nextdoor, Houzz, FanDuel
- Global Founders Capital
- Details: Global Founders Capital is a globally oriented venture capital firm that invests in technology-driven companies. They have a strong track record of supporting early-stage startups.
- Investment Focus Areas: E-commerce, fintech, software
- Notable Investments: Facebook, LinkedIn, Slack
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