CAA Ventures-backed department store Neighborhood Goods has added $11m of series A capital to bring its total funding to $25.5m.

Neighborhood Goods, a US-based department store operator backed by talent agency CAA, has received $11m in series A funding, led by venture capital firm Global Founders Capital (GFC).

The round included Forerunner Ventures, NextGen Venture Partners, Capital Factory and Allen Exploration and Serena Ventures: investment offices for the Allen family and tennis professional Serena Williams respectively.

Founded in 2017, Neighborhood Goods runs a department store in the Texan city of Plano presented with an aesthetically crisp, modern interior that is…