Ruby Ribbon Garners $7,500,000 Series C Financing

  • Feed Type
  • Date
    11/23/2015
  • Company Name
    Ruby Ribbon
  • Mailing Address
    230 Park Avenue South New York, NY 10003 USA
  • Company Description
    Ruby Ribbon is a privately owned direct sales company selling apparel based on its own designs.
  • Website
    http://www.rubyribbon.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,500,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Ruby Ribbon will use the additional funding to continue its nation-wide expansion. The company now has over 1000 independent stylists representing it in 48 states. The new raise will fund the build-out of additional technology to service the stylist base, an increase in training tools for the stylists and investments in marketing and brand awareness.
  • M&A Terms
  • Venture Investor
    DBL Partners
  • Venture Investor
    Direct Selling Capital
  • Venture Investor
    Trinity Ventures
  • Venture Investor
    Mohr Davidow Ventures

Trending on Xconomy