Vorwerk-backed fashion e-commerce platform Lesara has raised capital from a consortium of unnamed backers in the US and the UK to drive international expansion.
Lesara, a Germany-based online fashion retailer backed by direct selling conglomerate Vorwerk, raised $40m in series C funding yesterday from unnamed new and existing investors based in the US and the UK.
Founded in 2013, Lesara operates an e-commerce store that focuses on offering consumers the latest fashion trends. Lesara has developed data analytics technology that means it only takes 10 days between identifying a trend to designing, manufacturing and selling relevant products.
The company works directly with suppliers across…