Stitch Fix files confidentially for public offering
July 31, 2017
Internet Retail | San Francisco, CA
Stitch Fix has confidentially filed for an IPO, per a TechCrunch report. The ecommerce company, which operates a subscription clothing service through which customers receive shipments of personalized items and pay only for what they keep, has been part of the IPO rumor mill since March. Stitch Fix has raised about $48 million in VC funding from investors including Baseline Ventures and Lightspeed Venture Partners; it was valued at roughly $310 million in 2014 with a $30 million round.