Tech Company Financing Transactions
Jaanuu Funding Round
Jaanuu, based in El Segundo, raised $15 million in funding from JMK Consumer Growth Partners, private investors and Nordstrom.
Transaction Overview
Company Name
Announced On
12/11/2018
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
JMK Consumer Growth Partners (Lead Investor) (John Kenney)
private investors (David Kessenich)
Proceeds Purpose
This new injection of capital will accelerate its continued breakthrough product and fabric development, catalyze omnichannel expansion plans as a lifestyle brand and provide for aggressive investments in predictive analytics based marketing and real-time programmatic media buying.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
2121 Rosecrans Ave. 4330
El Segundo, CA 90245
USA
El Segundo, CA 90245
USA
Phone
Website
Email Address
Overview
Jaanuu was formed in 2013 to reinvent the medical apparel category with contemporary, runway-inspired fashion. The company was named Jaanuu for its Hindi meaning of sweetheart, a term of endearment used in many cultures for someone you love, often a child.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shaan Sethi
Chief Medical Officer
Neela Young
Browse more venture capital transactions:
Prev: 12/11/2018: Toss venture capital transaction
Next: 12/11/2018: Zesty.ai venture capital transaction
Share this article
Where The Data Comes From
We document all VC transactions involving tech companies. All VC database entries reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs