Need, a Dallas, Texas-based curated men’s retailer and lifestyle magazine, completed a $500k seed funding.
The round was led by Greg Abbott, Imran Sheikh, Rahil Malik, Mobelux, Mark Giambrone, David Evaul,
Thomas Willis, Ted Hoffman, Shaun Moore, Kevin Thomason, Jennifer Sanders, and German venture group Venista Ventures.
The company intends to use the funds to expand its core team, re-invest in its proprietary technology platform, and launch localized retail and editorial offerings to cities in the U.S.
Led by Matt Alexander, Founder and Chief Executive Officer, Need is a retailer and monthly lifestyle magazine for men. Each month, it curates and sells a limited and hand-picked selection of products — including clothing, literature, furniture, coffee, alcohol and artwork.
Collections are coupled with independent journalism, editorial photography, illustrations, and film, sourced exclusively from independent creators.
The company has already partnered brand partnerships — including Bridge & Burn, Field Notes, hook+ALBERT, Noble, Nudie Jeans Co., Realm & Empire, and Rye 51.
FinSMEs
28/04/2014