Lyst: Raises £60M in Funding

  • Lyst, a London, UK-based fashion shopping platform, raised $85m in funding
  • Backers included Fidelity International, Novator Capital, Giano Capital and C4 Ventures, and earlier investors Draper Esprit, 14W, Accel, Balderton Capital, Venrex and LVMH
  • The company, which is reportedly pursuing a public listing next year, intends to use the funds to continue to expand operations and its business reach
  • Lyst provides a fashion shopping platform that lets users to buy clothes and accessories from thousands of online stores
  • The company works as an inventory-free platform and leverages a proprietary data engine to give customers a really personalized shopping experience
  • The company also appointed Mateo Rando as CPO, joining from Spotify, and promoted Emma McFerran to COO, who was previously Chief People Officer & General Counsel
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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