Direct-to-consumer retailer Brandless shuts down, becoming the first company backed by SoftBank's Vision Fund to do so
Good morning and welcome back to Merger Week. Tom Maxwell / Input : Brandless is shutting down after two years and $300 million invested Miles Kruppa / Financial Times : SoftBank-backed Brandless cuts...
Report: ecommerce startup Brandless has hired John Rittenhouse as CEO after Tina Sharkey resigned in March amid tensions with SoftBank, which has a 40% stake
- In March, Tina Sharkey stepped down as CEO of Brandless, the direct-to-consumer retailer of “unbranded” household items. Source: The Information .
Ecommerce startup Brandless, which sells most of its generic home-goods staples for $3, raises $240M from SoftBank's Vision Fund at a $500M+ valuation
http://www.bloomberg.com/... Jay Kapoor / @jaykapoornyc : Thought there was extra 0 by accident. Nope. $240M. FYI This biz is just over 2 yrs old Seed: $1.5M by Slow Ventures (Mar 16) Series A: $16M b...
E-tailer Brandless launches with flat $3 pricing on household goods, announces $35M Series B led by New Enterprise Associates, with GV, Redpoint among investors
Ina Fried / Axios :
Sherpa Capital's Tina Sharkey and entrepreneur Ido Leffler launch consumer goods startup Brandless and announce $16M in funding, led by Redpoint
Leena Rao / Fortune :