Made-to-fit Menswear online retailer Modasuite raises seed financing

Canada is becoming a leader in the online fashion business from coast-to-coast. Montreal's Beyond the Rack has been killing it for a couple years and now not one, but two online retailers of custom menswear have attracted funding.

Last month Vancouver's Indochino raised a $4 Million round led by Madrona and today Montreal's Modasuite secured seed financing from Real Ventures, Anges Quebec investors and Bolidea.

The vertically integrated online retailer of personalized and made-to-fit menswear will use the funding to fuel its strategic expansion and support its ambitious growth plans. Mark MacLeod from Real Ventures and Martin-Luc Archambault representing Anges Quebec investors will both be joining Modasuite’s board.

Modasuite was launched in 2010 with the goal of redefining the way men shop for clothes online by providing a personalized approach to both fit and style.

Company:: Indochino Apparel Inc.
Website:: http://www.indochino.com
Location:: Vancouver, British Columbia, Canada

Indochino - is the world’s premier online custom clothier, making fashion accessible for every man. Indochino makes it easy for any man to explore fashion, regardless of size, budget or location. Taking high fashion and making it matter to the general public, Indochino provides stylish suits in fine fabrics, at the best price, with the fastest delivery time. Indochino features an ever-changing assortment of both... more

Company:: Beyond the Rack
Website:: http://www.beyondtherack.com
Location:: Montréal, Québec, Canada

Beyond the Rack is a private shopping club for women and men who want designer brand apparel and accessories at prices up to 70% off retail. We obtain authentic designer merchandise and provide it exclusively to our members through limited-time events. Each event starts at a specific time and typically lasts only 48 hours. After each event ends the merchandise is no longer available. Members are notified by email... 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

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Rob Lewis

Rob is the President of Techvibes Media Inc. and Editor-in-Chief of Techvibes.com. His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can... more

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