Fashion Platform Lyst Snags $14M in Series B Funds
January 24, 2014
Fashion e-commerce platform Lyst has raised $14 million in a Series B round of funding led by Balderton Capital, with participation from DFJ Esprit and Accel Partners, among others. With 2 million shoppers per month, Lyst generates over $60 million annually in sales for its partner fashion brands and retailers, including Saks, Burberry, J.Crew and Net-A-Porter. The new capital will enable the company to build on its growth, specifically focusing on internationalization and aggressively hiring talent across its teams in London and New York. Lyst has now raised over $23 million in funding to date.