LE TOTE
closedFinancials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 16.9m | 16.9m | 16.9m | 16.9m | 16.9m | 16.9m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$3.7m | Seed | ||
$8.8m | Series A | ||
$15.0m | Series B | ||
$35.0m | Series C | ||
N/A | Series C | ||
$208m | Late VC | ||
Total Funding | $270m |
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Recent News about LE TOTE
EditLe Tote operates in the fashion industry, providing a clothing rental subscription service that caters to fashion-conscious consumers seeking flexibility and variety in their wardrobe. The company offers a range of plans starting at $59 per month, allowing customers to select styles they love from top brands, wear them for as long or as little as they want, and purchase the items they wish to keep. Unwanted items can be sent back with free shipping both ways. Le Tote primarily serves individuals who desire a dynamic wardrobe without the commitment of permanent purchases. The business model revolves around recurring subscription fees and additional revenue from the sale of rented items. By offering a convenient and cost-effective solution for fashion enthusiasts, Le Tote taps into the growing market of sustainable and flexible fashion consumption.
Keywords: clothing rental, subscription service, top brands, flexible wear, purchase options, free shipping, fashion-conscious, dynamic wardrobe, sustainable fashion, recurring fees.