Seat 14A

company

About

A GQ look in your inbox

  • 1 - 10

Details

Last Funding Type
Seed
Industries
E-Commerce,Fashion
Founded date
Feb 18, 2013
Number Of Employee
1 - 10
Operating Status
Active

At Seat 14A we offer fresh, complete “GQ” looks in your inbox every 1-2 weeks (that you can actually buy). We're the only private label with such curation and simplicity baked into the experience.

Every outfit includes 2-4 items matching in color, accessories, based on what's currently in season and can be made in your measurements at no extra cost.

Outfits are priced at a fraction of what a comparable brand would cost and delivered in 2 weeks with free global shipping.

Investor FAQ:
* NOT subscription commerce (if you like a look you buy it, no monthly or weekly boxes.)
* Vertically integrated - all design, sourcing, manufacturing and logistics are in-house in New Delhi, India. No middlemen.
* Negative working capital - customer pays us before we spend anything on fabric or make (no inventory).
* Profitable on first buy - average outfit is $150 and has 40-50% margin.
* Focus on North American market (although some traction in Europe and India as well).

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
Seat 14A has raised a total of — in funding over 2 rounds. Their latest funding was raised on Apr 24, 2013 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 24, 2013 Seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Seat 14A is funded by 1 investors. 500 Global are the most recent investors.
Investor Name Lead Investor Funding Round
500 Global Seed