- 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