Venture Investors Get Fashion Fever As Early Stage Deals Soar

TechCrunch

Editor’s Note: Christine Magee is an analyst for CrunchBase.

There’s a brand new dance in venture capital, as investors have gone fashion-mad.

After watching JustFab and Gilt Groupe explode into billion dollar companies while Warby Parker raised over $100 million to sell stylish eyeglasses, investors are eager to discover the next big hit.

Venture investors have spent nearly $800 million in fashion-related deals so far this year, over half of which are seed stage fundings for young startups.

2014 investment totals are on pace to beat last year’s $900 million, with Q2 of this year seeing a record high of over $300 million in venture deals tracked.

High fashion e-commerce giants like JustFab and Gilt Groupe in the U.S., Zalora in Asia, Russia’s Lamoda and Brazilian Dafiti are all fashion marketplaces that have racked up some of the highest totals for venture investments in the fashion space.

But recently a new generation of vertically integrated, venture-backed brands have emerged…

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