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Funding round

Vuori Series A

Vuori, which works in athletic and performance apparel manufacturing in Carlsbad, raised $45M in a Series A round announced on 1 Aug 2019, led by Norwest, at a $200M post-money valuation. 1 firm took part. It is Vuori's second venture round on record; the one before was a Seed in Apr 2016.

Vuori

$45M

Amount raised

$200M

Post-money valuation

1

Investors

1 lead

23%

Stake sold

new money over the post-money

Valuation

What this round says about the price

This round priced Vuori at $200M after the new money. The $45M bought investors about 23% of the company. It came 40 months after Vuori's Seed. It is 10% of the $445M Vuori has raised in the venture rounds on record. Vuori raised again 26 months later: a Series C round of $400M in Oct 2021, at $4.00B post-money.

Vuori's funding rounds

Vuori has 3 venture rounds on record and 1 other deal. This one is highlighted.

  1. Seed 26 Apr 2016 amount not disclosed
  2. Series A this round 1 Aug 2019, led by Norwest $45M$200M post-money
  3. Series C 13 Oct 2021, led by SoftBank Vision Fund $400M$4.00B post-money
  4. Private Equity not a venture round 8 Nov 2024, led by General Atlantic and Stripes $825M$5.50B post-money

Investors

Who put money in

Norwest led the round.

Lead investor

  • Norwest backs 215 venture-backed companies new investor

Joined the board: Jon Kossow (Norwest Venture Partners).

Use of proceeds

What the money is for

According to the announcement, the money goes to product development, sales and marketing and scaling operations.

  • Product development
  • Sales and marketing
  • Scaling operations

Comparable rounds

How it compares

The closest in time, other companies' Series A rounds in Clothing Manufacturers:

Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Clothing Manufacturers21 Sep 2019$2.2Mnot disclosednot named
Clothing Manufacturers1 Apr 2019$1.8Mnot disclosednot named
Clothing Manufacturers4 Feb 2019undisclosednot disclosedRanda Digital Labs
Clothing Manufacturers29 Jul 2020$3.2Mnot disclosedSeventure Partners

Questions

Frequently asked

How much did Vuori raise in its Series A round?

Vuori raised $45M in its Series A round, announced in Aug 2019.

Who led Vuori's Series A round?

Norwest led it.

What was Vuori's valuation at the Series A round?

$200M post-money.

Did Vuori raise again after this round?

Yes: a Series C round in Oct 2021 of $400M at $4.00B post-money.