Canadian Startup Frank & Oak Raises $5 Million to Create Hassle-free Online Shopping for Men

Posted by Techvibes NewsDesk

Canadian startup Frank & Oak, which launched in February, has raised $5 million from Canadian and US investors, including Rho Ventures and Real Ventures Canada. Lightbank led the round.

Frank & Oak is an online retail startup that spun out of Modasuite, which was a similar business targeting a different demographic that shut down earlier this year.

The company provides a personalized shopping experience for men: dudes visit the site, enter their clothing preferences, and once a month they get an email newsletter with a list of items for sale, curated to their interests. The site features original clothing and accessories. There is also free shipping (both ways) and easy returns.

Frank & Oak says that it has experienced double-digit, month-over-month growth opening its (virtual) doors in February. 

Company:
Rho Canada
Website:
http://www.rho.com
Location:
Montréal, Québec, Canada

Rho Canada, based in Montreal, is dedicated to backing leading, early-stage technology-based companies in Canada. Formed in 2006, Rho Canada is affiliated with Rho Ventures in the US and leverages off Rho Ventures' 25+ years of experience in investing in venture-stage companies. The Rho Canada team is led by Jeff Grammer and Antoine Paquin, serial entrepreneurs who have previously successfully built, as CEO's, a... more

Company:
Real Ventures
Website:
http://www.realventures.com
Location:
Montréal, Québec, Canada

We look for inspiring entrepreneurs who exhibit unique insight and appreciation of their target market and industry. You can be first time or seasoned. If you have passion, vision and a big opportunity we want to work with you. We’ve had our successes and failures, so we should know what you’re going through and so we look for entrepreneurs who want our input and are open to this collaborative approach. We look to... more

Company:
Modasuite
Website:
http://www.modasuite.com
Location:
Montréal, Québec, Canada

Modasuite is an innovative fashion organization focused on bridging the gap between designers and consumers, designs and markets and ultimately creative bodies and other creative bodies. Through our approach, we aim to re-think, re-model and re-invent not only fashion apparels but customer service as a whole. Modasuite is committed to working and supporting up-and-coming talent in design from all parts of the... more

Company:
Frank & Oak
Website:
http://www.frankandoak.com
Location:
Montréal, Québec, Canada

Frank & Oak is a vertically integrated online menswear brand with premium clothing and a simple, personalized shopping experience. Every month, Frank & Oak designs, manufactures, and sells a limited feed of modern apparel and accessories. The brand acts as a lifestyle partner, offering style advice, personalized product suggestions, and an easy-to-use shopping platform, among other members-only benefits. Frank &... more


blog comments powered by Disqus

Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more



Who's Hiring



Recent Comments

Powered by Disqus