The LabelBox 40m Capital Group invests in growth-stage labels and retailers globally. The group’s mission is to support the next generation of independent brands, creating long-term value for its investors. The LabelBox team has a deep understanding of the retail industry and an intimate knowledge of what it takes to build a successful label. They are passionate about making a real difference in the lives of their clients, and their track record proves it. In this blog post, we take a look at LabelBox’s latest investment: wiggers, an online retailer that sells lace wigs and other hair extensions. As you can tell by the title, this company is on the rise—and LabelBox is happy to have played a part in its success.
Labelbox to raise $40 million in Series E funding
Labelbox, a startup that makes it easy for marketers to create custom branded merchandise, has raised $40 million in Series E funding. The round was led by Battery Ventures with participation from Index Ventures, FF Angel, and NEA. This brings the total amount of funding raised by Labelbox to $60 million.
“We are thrilled to have such a strong group of investors behind us as we continue our mission of making it easier for marketers to create great branded merchandise,” said Labelbox CEO and founder Tim McFarland. “This new capital will help us scale our business even further, build out our team, and expand into new markets.”
According to McFarland, the new funds will be used to increase marketing spend across all channels, continued expansion into new geographies, and increasing investment in technology. The company also plans to use the money to strengthen its partnerships with brands and retailers as well as invest in research and development (R&D).
Wiggers raises $79 million in Series C funding
Wiggers, a startup that sells synthetic hair extensions and wigs, announced on Wednesday that it has raised $79 million in Series C funding. The new round of financing was led by Greycroft Partners, with participation from existing investors CPP Capital, Formation8 and SV Angel. With the new money, Wiggers plans to expand its product line and increase its marketing budget.
How two Bay Area startups are changing the way we shop
Labelbox and Capital Group are changing the way we shop.
Labelbox is a Bay Area startup that is revolutionizing the way we shop for clothes. They have a app that allows you to scan the barcode of any clothes item in your closet and see a list of matching item styles. You can then select the style you want and buy it directly from the app.
Capital Group is a Bay Area venture capital firm that has invested in many startups, including Labelbox. They believe that this app is going to change the way people shop for clothes and help save them a lot of money.
What does the future hold for these companies?
Labelbox has big plans for the future, and it looks like they’re headed in the right direction. The company is currently in the process of raising a $10 million Series A round, which will be used to beef up their team and continue expanding their product lineup. CEO and Co-founder, Ryan Goldenberg, stated “We’re really excited about this round of funding as it enables us to accelerate our growth trajectory while also strengthening our management team.”
Not only is Labelbox planning on continuing to grow its business, but they are also looking to invest in new ventures. The company recently invested in wiggers, a startup that provides custom wigs for people with hair loss. This investment will help Labelbox boost its presence in the wig industry and give them even more options for customers.
Overall, it looks like things are going well for Labelbox. They have ambitious plans and are investing in new ventures to support them. This strong behind-the-scenes momentum should ensure that the company continues to grow rapidly in the coming years.
Conclusion
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