COMPANY INFO
The actual company name is Fabletics, LLC. It was founded in July 2013 by Adam Goldenberg, Don Ressler, and Ginger Ressler. The company operates in the retail industry and is headquartered in El Segundo, California, USA. Fabletics has approximately 1,966 employees as of late 2021. Their website is www.fabletics.com. Fabletics is a global active lifestyle brand that sells men's and women's sportswear, footwear, and accessories, commonly known as activewear. The company operates on a membership model, offering personalized outfits and has over 100 brick-and-mortar stores worldwide.
Fabletics, LLC is a global active lifestyle brand founded in 2013 by Kate Hudson, Adam Goldenberg, and Don Ressler. Operating in the retail industry, Fabletics is headquartered in El Segundo, California, USA, and employs over 200 professionals. Fabletics is renowned for its affordable men's and women's sportswear, footwear, and accessories, driven by a membership model that delivers personalized activewear outfits to millions of customers. With more than 100 physical stores worldwide and a robust online presence, Fabletics has redefined the activewear shopping experience through innovation and personalization.
Over the years, Fabletics funding has propelled its trajectory in the competitive retail landscape. According to available funding data, Fabletics has raised a total of $21.8 million over 3 funding rounds, highlighting its funding strategy focused on supporting product development, market expansion, and scaling operations. The company's funding rounds have included both venture capital and growth investment, supporting its rise as a leading global activewear brand. Strategic capital injections from top venture capital firms and private equity investors have enabled Fabletics to execute milestone expansions in both online and brick-and-mortar retail channels.
This Series D funding round was aimed at scaling Fabletics’ operations and driving further market growth, facilitating expanded production, larger distribution networks, and deeper brand penetration in existing and new markets.
The Series A round focused on product development and market expansion. This funding allowed Fabletics to accelerate innovation in its activewear offerings and fuel its international and e-commerce growth strategy.
This additional Series A round supported continued product development and enhanced entry into key markets, empowering Fabletics to strengthen its infrastructure and member-driven business model.
Crestline Investors is an institutional alternative asset manager. As a Fabletics investor, Crestline has supported the company’s growth ambitions by backing its scalability initiatives and market expansion.
Marcy Venture Partners is a venture capital firm co-founded by Jay-Z, focused on consumer brands and innovative businesses. Their investment in Fabletics highlights the brand’s strong potential in the lifestyle and activewear space.
Sweetwater Private Equity brings private capital to high-growth firms. By investing in Fabletics funding rounds, Sweetwater has helped strengthen the company’s capital structure and pursued long-term retail success.
Matrix Partners is a renowned venture capital firm with a focus on early-stage companies. Their involvement as a Fabletics investor reflects strong confidence in the company’s disruptive retail model and operational excellence.
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