StalkBuyLove.com, online fast fashion brand, has raised funding from a group of high-profile investors including Littlerock, 500 Startups, Sigularity Ventures and others. The amount of funding is yet to be disclosed.
The company’s unique supply chain technology enabling Just-in-Time (JiT) supply structures as well as its effective brand building strategy and strong fashion competence were key in attracting the investor group.
StalkBuyLove will be using the funds to accelerate growth, invest in its talent base and strengthen supply and fulfillment structures. The startup, which sells women’s clothing and accessories, said it is growing 8 per cent month-on-month with a current gross revenue run rate of $5 million.
StalkBuyLove combines fashion competence with technology for its sourcing and production processes in real time, including cutting and stitching of garments at scale by third-party production units.