The Advance Publications, LVMH and IMG-backed e-commerce platform has added $100m in equity and debt financing to its coffers, bringing its overall equity funding to $345m.
Moda Operandi, a US-based luxury e-commerce marketplace backed by media group Advance Publications and talent agency IMG, collected $100m in equity and debt financing on Friday.
The round was co-led by venture capital firm New Enterprise Associates (NEA) and Apax Digital Fund, a growth equity vehicle advised by private equity firm Apax Partners. It included financial services firm Comerica Bank, venture finance firm TriplePoint Capital, co-founder Lauren Santo Domingo’s family office and unnamed additional backers.
Moda Operandi did not specify…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
