Fashionphile Raises $38.5M in Series B Funding

USA – Fashionphile, a Carlsbad, Calif.-based pre-owned e-commerce company focused exclusively on ultra-luxury handbags, watches and fine jewelry, raised $38.5m in Series B funding.

The round, which followed Neiman Marcus’ minority investment in the company in April 2019, was led by NewSpring Growth. The company intends to use the funds to driveFounded in 1999 and led by CEO Ben Hemminger, Fashionphile is a pre-owned ultra-luxury company featuring handbags and accessories, a direct buyout model, and authentication. 31/08/2020