+1-650-457-5617meetings@svicenter.com
+1-650-457-5617
meetings@svicenter.com

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Operator of an online clothing rental platform designed to help in borrowing everyday clothing

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Le Tote

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Operator of an online clothing rental platform designed to help in borrowing everyday clothing. The company's clothing rental platform focuses on replicating the offline behavior of swapping and sharing clothes, enabling consumers to borrow clothing and accessories through an online portal.

Year Founded
2012
Employees
280
RevenueFY 2015
$12.5 M
General Information
  • Website

    http://letote.com

  • Business Status

    Generating Revenue

  • Ownership Status

    Privately Held (backing)

  • Financing Status

    Venture Capital-Backed

Le Tote's Verticals
Le Tote Status

The company completed a $18.6 million debt refinancing round in March 2018. Trinity Capital Investment and Horizon Technology Finance provided $6.6 million secured debt and $12 million term loan. Proceeds from the credit facility were used to repay the outstanding principal balance of $2.6 million on its venture loan. Additional to the new $4.0 million loan, Horizon continues to hold warrants in Lantos.

Le Tote Metrics
Growth Rate
SimilarWeb Unique Visitors
Majestic Referring Domains
Twitter Followers
Headquarters
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  • HQ Address Line 1
    3130 20th Street
  • HQ City
    San Francisco
  • HQ State/Province
    California
  • HQ Post Code
    94110
  • HQ Country
    United States
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