Saks.com

About

Saks is an e-commerce company that aims to expand its customer base in the growing online luxury fashion market.

10001 - max

Highlights

Details

Last Funding Type: Debt Financing
Last Funding Money Raised: $465M
Industries: Consumer Goods,E-Commerce,E-Commerce Platforms,Fashion,Marketplace,Retail
Founded date: Jan 1, 2021
Number Of Employee: 10001 - max
Operating Status: Active

Saks is an e-commerce company that aims to expand its customer base in the growing online luxury fashion market. The team's fashion expertise combined with a renewed digital focus will provide customers with an unmatched shopping experience. It was established by Saks Fifth Avenue's e-commerce business as a standalone entity.

The company makes strategic investments to evolve and expand its online experience. These investments will bolster Saks’ already well-established digital business, starting with strengthening its service model through elevated styling capabilities and data-driven personalization. Ultimately, Saks will feature a hybrid retail and marketplace platform, expanding its assortment while maintaining a curated experience.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

1

$465M

Saks.com has raised a total of $465M in funding over 2 rounds. Their latest funding was raised on May 12, 2021 from a Debt Financing round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
May 12, 2021	Debt Financing	$465M	1	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

9

1

Saks.com has made 9 investments. Their most recent investment was on Dec 6, 2022, when Rowy raised $3M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Dec 6, 2022 Rowy	Seed	$3M	Software	—
Sep 29, 2022 Airplane	Series B	$32M	Information Technology	—
Jun 22, 2022 Strapi	Series B	$31M	Developer APIs	—
Mar 4, 2022 AssemblyAI	Series A	$28M	Artificial Intelligence	—
Jan 24, 2022 Klarity	Series A	$18M	Accounting	—