ModCloth Raises $19.8 Million Series B For Indie Fashion

• June
• 30

9:36 pm Uncategorized

Indie fashion site ModCloth has raised $19.8 million in Series B funding in a round led by Accel Partners, with participation from existing investors Floodgate and First Round Capital. As part of the deal Accel’s Theresia Gouw Ranzetta will join ModCloth’s Board, joining Mike Maples (Floodgate) and Josh Kopelman (First Round), along with ModCloth cofounders (and husband-and-wife) Eric and Susan Koger.

I sat down with the Kogers earlier this week to talk about ModCloth. For those that haven’t used the site before, it features a range of vintage clothing from indie designers. ModCloth handles distribution of the clothing itself, and cofounder Susan Koger chooses which clothing is incorporated into ModCloth’s selection. The company has been profitable since 2009. More information: click here