Moda Operandi, Inc.

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Moda Operandi, Inc. - overview

Established

2010

Location

New York, NY, US

Primary Industry

Retail

About

Moda Operandi, Inc. , based in the US, is a luxury e-commerce platform specializing in high-end women's fashion, providing direct access to exclusive designer collections and runway pieces for discerning clientele. Founded in 2010 in New York, US, Moda Operandi, Inc. operates as a luxury fashion e-commerce site that allows customers to pre-order designer collections.


The company has undergone strategic pivots to enhance its curated luxury lifestyle offerings. Co-founded by Aslaug Magnusdottir and Lauren Domingo, it has attracted significant investment, including its latest funding round of USD 100. 00 mn in Series G on May 4, 2021, led by investors like Apax Partners and New Enterprise Associates. The total amount raised by the firm is USD 100.


00 mn, with a current valuation of USD 699. 12 mn. Moda Operandi specializes in high-end women's designer clothing collections and runway fashion, offering an extensive selection of luxury apparel, accessories, and footwear from renowned designers. Their core product offerings include exclusive trunk shows, where customers can pre-order items directly from designers, ensuring access to the latest collections before they hit retail stores.


This model serves a niche clientele of fashion-forward individuals, including discerning consumers and fashion influencers, who seek unique and contemporary fashion pieces. The company operates primarily within the United States, Europe, and select international markets, catering to an upscale demographic that values both quality and exclusivity in their wardrobe selections. Moda Operandi generates revenue through a direct-to-consumer model, primarily focused on e-commerce sales. Customers engage with the platform to purchase high-end fashion items, often participating in trunk shows that provide an avenue for exclusive access to new collections.


The transaction structure involves customers pre-ordering items, which may be delivered after the designer's runway shows. Pricing structures typically reflect the premium nature of the products, aligning with industry standards for luxury fashion. This approach not only enhances customer engagement but also fosters long-term relationships with high-net-worth individuals seeking luxury fashion experiences. In May 2021, G Squared and New Enterprise Associates agreed to recapitalize Moda Operandi, Inc.


, with individual investors co-investing in the transaction. The rationale for this funding is to further strengthen Moda Operandi, Inc. 's position in the curated luxury lifestyle platform space. The company is focused on expanding its product offerings and exploring new markets, particularly targeting growth in European and Asian regions by the end of 2023.


Current Investors

New Enterprise Associates, G Squared, Apax Partners

Primary Industry

Retail

Sub Industries

Footwear, Clothing, Accessories, Clothing Stores, Web Applications

Website

www.modaoperandi.com

Verticals

E-commerce, Mobile Apps

Total Amount Raised

Subscriber access only

Moda Operandi, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
RecapitalisationCompletedModa Operandi, Inc.-

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