Italist

Italist

The first online marketplace for Italian fashion

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Categories
Technology, Retail, Fashion & Accessories
No. Investors
39
Website
italist.com

Key Deal Facts

$1,500,000+ revenue in May.
60% growth quarter over quarter from Q4 2014.
$18 million revenue-run-rate.
Founders sold last company for $80M.
115+ partner boutiques, sold in 85 countries.
Italist holds no inventory, leverages inventory of partners.
Italist is already at break-even.

Management Team / Advisory Board Bios

Raffaele Giovine ChairmanFounded Zero9 (business in 12 countries) which sold for $80M and two other successful startups. Worked at Bain & Company and Diamond Cluster after earning his degree at Bocconi., Diego Abba CEOFormerly CEO of Sleepy Giant, negotiated sale of Zero9 for $80M, VP of Finance for Activision Blizzard, Principal at Bain, Finance Group Manager at P&G. Speaks four languages. MBA from Cornell.
Amount Raised : $157,800
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