Who Owns Revolve Clothing?
Revolve is an online clothing retailer that sells apparel, footwear and accessories for men and women. It was founded in 2003 and is based in Los Angeles, California. But who owns Revolve Clothing?
The History of Revolve Clothing
Revolve Clothing was founded in 2003 by Michael Mente and Mike Karanikolas, who started the company with the goal of creating a fashion-forward marketplace. The company quickly grew, developing a loyal following and becoming a go-to destination for fashion-lovers around the world. Today, Revolve is a leader in online retail, featuring over 500 brands and offering everything from tops to dresses, shoes, and accessories.
Who Owns Revolve Clothing?
You might have heard of the venture capital firm Technology Crossover Ventures (TCV). This firm owns Revolve Clothing. Founded in 1995, TCV is a venture capital and private equity firm with over $20 billion of capital under management. The firm has invested in a variety of companies, including Spotify, Netflix, and Zillow, as well as Revolve Clothing.
Why is TCV Invested in Revolve Clothing?
Revolve Clothing is a leader in the digital fashion space. With its innovative e-commerce store and highly curated selection of products, the company provides consumers with an easy and convenient way to shop for the latest fashion trends. This type of return on investment is attractive to investors, especially those who have an eye on the long-term success of the business.
What Does TCV Provide to Revolve?
In addition to providing the financial capital needed to grow Revolve Clothing, TCV provides operational and strategic guidance. TCV’s team of experienced investors and advisors work with Revolve to help foster innovation, identify new opportunities, and develop new strategies. By partnering with TCV, Revolve is able to leverage TCV’s expertise and experience to maximize its own potential.
The Bottom Line
Technology Crossover Ventures owns Revolve Clothing. TCV provides the financial capital and expertise necessary to help Revolve Clothing grow, innovate, and capitalize on new opportunities. Ultimately, this partnership is key to the success of Revolve Clothing.