LOOKIERO STYLE, S.L.
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LOOKIERO STYLE, S.L. - overview
Established
2016
Location
Bilbao, -, Spain
Primary Industry
Internet
About
Lookiero Style, S. L. is a personalized fashion service that provides curated clothing selections for women, enhancing the online shopping experience through a blend of technology and stylist expertise. Founded in 2016 in Bilbao, Spain, Lookiero Style, S.
L. specializes in delivering tailored fashion selections directly to customers. The firm has raised EUR 25. 92 mn in its latest funding round, a Series C led by Perwyn with participation from Acurio Ventures, Bonsai Partners, and MMC Ventures.
CEO Oier Urrutia has been instrumental in steering the company's strategic direction since its inception. Lookiero has completed 3 major deals, with its most recent deal occurring on June 15, 2021. The company has not undergone any significant pivots in its business strategy or operations since its founding. Lookiero offers a personalized fashion service focused on women's clothing, providing an innovative online shopping experience.
Customers receive curated fashion selections based on their style profiles, created through an initial questionnaire. This service allows customers to try on outfits at home, catering to busy individuals who seek tailored clothing solutions without the pressure of traditional retail environments. The company primarily operates in the UK market, addressing the needs of a diverse clientele, including fashion-conscious individuals looking for convenience and personalization in their shopping experience. In the most recent fiscal year of 2022, Lookiero reported revenues of EUR 67.
03 mn, with an EBITDA of EUR -15. 84 mn, reflecting the company's current operational dynamics within its business model that emphasizes direct-to-consumer sales through subscription and one-time purchase options. Following its EUR 25. 92 mn Series C funding round in June 2021, led by Perwyn, Lookiero plans to accelerate its growth and expand its operations.
The company aims to introduce new products and enhance its market reach. Specific future initiatives include expanding into additional European markets, strengthening its presence in the UK, and optimizing its operational capabilities to support these growth strategies.
Current Investors
Acurio Ventures, MMC Ventures, Iron Ventures
Primary Industry
Internet
Sub Industries
Web Applications
Website
www.lookiero.co.uk
Verticals
E-commerce
Company Stage
Series C
Total Amount Raised
Subscriber access only
LOOKIERO STYLE, S.L. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Lookiero Outfittery Group | - |
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