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The Founder's Handbook

Top 28 Fashion Unicorns in 2024

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Have you ever wondered which private companies in the Fashion industry have the highest valuations?

You’re not alone.

There are lots of unicorn companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 28 Fashion unicorn startups, from highest to lowest valuation.

28 Fashion Unicorns Companies

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1) SHEIN

SHEIN

Shein is an experienced global brand that delivers quality women’s apparel at simply irresistible prices.

Details of the startup:

  • Valuation: $100.00B (July 2018)
  • Country: China
  • State: Guangdong
  • City: Shenzhen
  • Started in: 2008
  • Founders: Xiaoqing Ren, Yang Pei, Yangtian Xu
  • Number of employees: 1,000-5,000
  • Funding: $553.36M
  • Funding rounds: 5
  • Number of investors: 5

You can find their website here.

2) Vinted

Vinted

Vinted is a global community for buy and sell pre-loved clothes.

Details of the startup:

  • Valuation: $4.53B (November 2019)
  • Country: Lithuania
  • City: Vilnius
  • Started in: 2008
  • Founders: Justas Janauskas, Mantas Mikuckas, Milda Mitkute, Sjuul Berden
  • Number of employees: 500-1,000
  • Funding: $562.23M
  • Funding rounds: 6
  • Number of investors: 9

You can find their website here.

3) Lenskart

Lenskart

Lenskart is an online eyewear store in India which provides high-quality and stylish frames, free shipping options, and a series of discounts

Details of the startup:

  • Valuation: $4.50B (December 2019)
  • Country: India
  • City: Faridabad
  • Started in: 2008
  • Founders: Amit Chaudhary, Peyush Bansal, Sumeet Kapahi
  • Number of employees: 250-500
  • Funding: $675.90M
  • Funding rounds: 11
  • Number of investors: 16

You can find their website here.

4) SSENSE

SSENSE

SSENSE is an online platform that offers a range of luxury designer clothing for men and women.

Details of the startup:

  • Valuation: $4.15B (June 2021)
  • Country: Canada
  • State: Quebec
  • City: Montreal
  • Started in: 2003
  • Founders: Bassel Atallah, Firas Atallah, Rami A
  • Number of employees: 50-100
  • Funding rounds: 1
  • Number of investors: 1

You can find their website here.

5) Vuori

Vuori

Vuori offers a collection of apparel brands for men and women.

Details of the startup:

  • Valuation: $4.00B (October 2021)
  • Country: United States
  • State: California
  • City: Carlsbad
  • Started in: 2015
  • Founders: Joseph Kudla
  • Number of employees: 100-250
  • Funding: $447.60M
  • Funding rounds: 2
  • Number of investors: 2

You can find their website here.

6) GOAT

GOAT

The Goat Group is an online marketplace that connects people from all over the world to purchase authentic sneakers, apparel, and accessories.

Details of the startup:

  • Valuation: $3.70B (September 2020)
  • Country: United States
  • State: California
  • City: Los Angeles
  • Started in: 2015
  • Founders: Daishin Sugano, Eddy Lu
  • Number of employees: 500-1,000
  • Funding: $491.62M
  • Funding rounds: 9
  • Number of investors: 32

You can find their website here.

7) Skims

Skims

Skims is the creator of innovative underwear, loungewear, and shapewear designed to fit, flatter, and beautify.

Details of the startup:

  • Valuation: $3.20B (April 2021)
  • Country: United States
  • State: California
  • City: Los Angeles
  • Started in: 2019
  • Founders: Jens Grede, Kim Kardashian
  • Number of employees: 250-500
  • Funding: $394.00M
  • Funding rounds: 3
  • Number of investors: 5

You can find their website here.

8) MUSINSA

MUSINSA

Musinsa is a fast-growing online fashion store and marketplace that offers stylish clothes, accessories, shoes, and bags from over 200 global fashion brands and designers.

Details of the startup:

  • Valuation: $2.20B (November 2019)
  • Country: South Korea
  • City: Seoul
  • Started in: 2001
  • Founders: Cho Man Ho
  • Number of employees: 500-1,000
  • Funding: $286.36M
  • Funding rounds: 2
  • Number of investors: 2

You can find their website here.

9) Trendy Group International

Trendy Group International

Trendy International Group is a vertically integrated fashion company that incorporates art and business to produce luxury goods.

Details of the startup:

  • Valuation: $2.00B (February 2012)
  • Country: Hong Kong
  • City: Kowloon
  • Started in: 1999
  • Founders: Jacky Xu
  • Number of employees: 1,000-5,000
  • Funding: $200.00M
  • Funding rounds: 1
  • Number of investors: 1

You can find their website here.

10) LTK

LTK

LTK is a global creator commerce platform that empowers thousands of digital lifestyle influencers to achieve economic success.

Details of the startup:

  • Valuation: $2.00B (November 2021)
  • Country: United States
  • State: Texas
  • City: Dallas
  • Started in: 2011
  • Founders: Amber Venz Box, Baxter Box
  • Number of employees: 250-500
  • Funding: $315.00M
  • Funding rounds: 3
  • Number of investors: 3

You can find their website here.

11) Harry's

Harry's

Harry's passion to create a better, affordable alternative for quality razors, has led him to create an online platform for consumers.

Details of the startup:

  • Valuation: $1.70B (February 2018)
  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2013
  • Founders: Andy Katz-Mayfield, Erik Kimel, Jeffrey Raider
  • Number of employees: 500-1,000
  • Funding: $659.10M
  • Funding rounds: 10
  • Number of investors: 22

You can find their website here.

12) Vestiaire Collective

Vestiaire Collective

Vestiaire Collective is a luxury, pre-owned fashion marketplace. It provides people with the perfect way to sell and buy high-quality, designer clothing and accessories at a more affordable price.

Details of the startup:

  • Valuation: $1.70B (March 2021)
  • Country: France
  • City: Paris
  • Started in: 2009
  • Founders: Alexandre Cognard, Christian Jorge, Fanny Moizant, Henrique Fernandes, Sebastien Fabre, Sophie Hersan
  • Number of employees: 500-1,000
  • Funding: $664.45M
  • Funding rounds: 9
  • Number of investors: 17

You can find their website here.

13) JOLLY Information Technology

JOLLY Information Technology

Jollychic is a premier online fashion destination, offering the latest looks straight from the runways for women and men.

Details of the startup:

  • Valuation: $1.50B (May 2018)
  • Country: China
  • State: Zhejiang
  • City: Hangzhou
  • Started in: 2008
  • Number of employees: 250-500
  • Funding: $100.12M
  • Funding rounds: 5
  • Number of investors: 10

You can find their website here.

14) boAT

boAT

boAt is a homegrown audio-tech earwear brand that offers well-designed, aspirational products at reasonable prices.

Details of the startup:

  • Valuation: $1.40B (October 2022)
  • Country: India
  • State: Delhi
  • City: New Delhi
  • Started in: 2016
  • Founders: Aman Gupta, Sameer Mehta
  • Number of employees: 501-1000
  • Funding: $177.02M
  • Funding rounds: 7
  • Number of investors: 6

You can find their website here.

15) Koudai

Koudai

Koudai is a new intelligent software that lets you experience personalized shopping and styling.

Details of the startup:

  • Valuation: $1.40B (October 2014)
  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2010
  • Founders: Ke Wang
  • Number of employees: 10-50
  • Funding: $362.00M
  • Funding rounds: 6
  • Number of investors: 12

You can find their website here.

16) Veepee

Veepee

Veepee is a multi-platform e-commerce company that helps connect customers to sellers around the world.

Details of the startup:

  • Valuation: $1.38B (July 2007)
  • Country: France
  • City: La Plaine Saint-Denis
  • Started in: 2001
  • Founders: Michael Benabou
  • Number of employees: 5,000-10,000
  • Funding rounds: 2
  • Number of investors: 2

You can find their website here.

17) Glossier

Glossier

Glossier’s strength lies in the direct-to-consumer model-- its ability to create a genuine brand presence that gets shoppers to buy.

Details of the startup:

  • Valuation: $1.20B (March 2019)
  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2014
  • Founders: Emily Weiss
  • Number of employees: 100-250
  • Funding: $267.40M
  • Funding rounds: 6
  • Number of investors: 19

You can find their website here.

18) Recover

Recover

Recover is a materials science company that produces low-impact, high-quality recycled cotton fibre and fibre blends around the world.

Details of the startup:

  • Valuation: $1.10B (June 2022)
  • Country: Spain
  • State: Comunidad Valenciana
  • City: Alicante
  • Started in: 1947
  • Number of employees: 51-100
  • Funding: $100.00M
  • Funding rounds: 1
  • Number of investors: 2

You can find their website here.

19) Juanpi

Juanpi

Juanpi.com is a premier site for finding high-quality, discounted electronics, appliances, and more.

Details of the startup:

  • Valuation: $1.10B (April 2016)
  • Country: China
  • State: Hubei
  • City: Wuhan
  • Started in: 2012
  • Founders: Chengsong Huang
  • Number of employees: 1,000-5,000
  • Funding: $136.05M
  • Funding rounds: 3
  • Number of investors: 6

You can find their website here.

20) Printful

Printful

Printful is a fast and simple drop shipping service for Print on Demand products that seamlessly integrates with your e-commerce platform.

Details of the startup:

  • Valuation: $1.00B (May 2021)
  • Country: United States
  • State: North Carolina
  • City: Charlotte
  • Started in: 2013
  • Founders: Davis Siksnans, Lauris Liberts
  • Number of employees: 1,000-5,000
  • Funding: $130.00M
  • Funding rounds: 1
  • Number of investors: 1

You can find their website here.

21) BeiBei

BeiBei

Beibei is an e-commerce platform providing a variety of affordable products for parents and caregivers.

Details of the startup:

  • Valuation: $1.00B (January 2015)
  • Country: China
  • State: Zhejiang
  • City: Hangzhou
  • Started in: 2011
  • Founders: Lianglun Zhang
  • Number of employees: 1,000-5,000
  • Funding: $224.40M
  • Funding rounds: 4
  • Number of investors: 7

You can find their website here.

22) Savage X Fenty

Savage X Fenty

Savage X Fenty is an innovative fashion brand specializing in underwear, sleepwear, training gear, and accessories for women.

Details of the startup:

  • Valuation: $1.00B (March 2021)
  • Country: United States
  • State: California
  • City: El Segundo
  • Started in: 2018
  • Founders: Robyn Rihanna Fenty
  • Number of employees: 100-250
  • Funding: $310.00M
  • Funding rounds: 4
  • Number of investors: 12

You can find their website here.

23) Vagaro

Vagaro

Vagaro is an online platform that allows its users to find salons and spas in their local area and make appointments online.

Details of the startup:

  • Valuation: $1.00B (November 2021)
  • Country: United States
  • State: California
  • City: Dublin
  • Started in: 2009
  • Founders: Fred Helou
  • Number of employees: 250-500
  • Funding: $314.61M
  • Funding rounds: 2
  • Number of investors: 1

You can find their website here.

24) Rothy's

Rothy's

Rothy’s is a global lifestyle brand transforming sustainable materials into timeless shoes, handbags and accessories.

Details of the startup:

  • Valuation: $1.00B (December 2021)
  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2016
  • Founders: Roth Martin, Stephen Hawthornthwaite
  • Number of employees: 1,000-5,000
  • Funding: $44.00M
  • Funding rounds: 4
  • Number of investors: 8

You can find their website here.

25) Kendra Scott

Kendra Scott

Kendra Scott Lifestyle Brand Offering Fashion Jewelry, Fine Jewelry, Home Goods & Beauty

Details of the startup:

  • Valuation: $1.00B (December 2016)
  • Country: United States
  • State: Texas
  • City: Austin
  • Started in: 2002
  • Founders: Kendra Scott
  • Number of employees: 500-1,000
  • Funding: $475.00M
  • Funding rounds: 2
  • Number of investors: 2

You can find their website here.

26) Poizon

Poizon

POIZON is an e-commerce platform that focuses on the secondary market of limited edition streetwear and sneakers. They were the first website to sell limited edition shoes from mainstream fashion designers, including Kanye West, Louis Vuitton, and Raf Simons.

Details of the startup:

  • Valuation: $1.00B (April 2019)
  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2015
  • Founders: Yang Bing
  • Number of employees: 1,000-5,000
  • Funding: $53.05M
  • Funding rounds: 2
  • Number of investors: 4

You can find their website here.

27) TechStyle Fashion Group

TechStyle Fashion Group

TechStyle is a global membership-based, fashion commerce company that provides state-of-the-art technology and a completely reimagined mobile-first consumer experience to millions of consumers worldwide.

Details of the startup:

  • Valuation: $1.00B (August 2014)
  • Country: United States
  • State: California
  • City: El Segundo
  • Started in: 2010
  • Founders: Adam Goldenberg, Don Ressler
  • Number of employees: 1,000-5,000
  • Funding: $558.36M
  • Funding rounds: 7
  • Number of investors: 11

You can find their website here.

28) Pat McGrath Labs

Pat McGrath Labs

Pat McGrath provides a creative platform of makeup expertise to challenge your idea of beauty.

Details of the startup:

  • Valuation: $1.00B (July 2018)
  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2016
  • Founders: Pat McGrath
  • Number of employees: 50-100
  • Funding: $82.00M
  • Funding rounds: 2
  • Number of investors: 2

You can find their website here.

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