Nordstrom buys VC-backed men’s clothing service Trunk Club


Department store chain Nordstrom is acquiring Trunk Club, the latter announced on its site. No financial terms were disclosed; although other outlets peg the value to be at $350 million.

This deal follows Nordstrom’s recent participation in online clothing brand Bonobos $55 million Series D funding round.

Based in Chicago Heights, Illinois, Trunk Club is a personalized clothing service for men. Three years ago, Trunk Club raised a total of $11 million in Series A funding. The investors in that round were U.S. Venture Partners, Greycroft Partners, Apex Venture Partners and Anthos Capital.

According to Crunchbase, Trunk Club has received a total of $12.4 million in overall funding. In addition to the Series A round, Trunk Club raised $175,000 in venture funding from undisclosed investors in January 2011 and before that, a total of $1.27 million in 2010, also from unnamed investors.

Photo credit courtesy of Shutterstock.



Take your pick!

  • Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
  • VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.

Sign up to our Newsletter

Receive updates from our PE HUB Wire and Top Stories of the Week newsletters:

We will not send you spam, and we don't share your email address with 3rd parties.