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.