ThirdLove
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 160m | 252m | 252m | 252m | 274m | 274m |
% growth | - | 58 % | - | - | 9 % | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Early VC | |
$55.0m | Series B | ||
$55.0m Valuation: $750m 4.7x EV/LTM Revenues | Series B | ||
N/A | - | ||
* | $12.0m | Debt | |
Total Funding | €112m |
Related Content
Recent News about ThirdLove
EditThirdLove is a direct-to-consumer lingerie company that specializes in providing custom-fit bras and underwear for women. Operating primarily in the e-commerce space, ThirdLove serves a diverse range of clients, including women of all shapes and sizes who seek comfort and a perfect fit in their lingerie. The company leverages data and technology to offer a wide range of sizes, including half-cup sizes, to ensure a precise fit for every customer.
ThirdLove's business model is built on a strong customer-centric approach, offering a 'Try Before Buying' program that allows customers to test their products before committing to a purchase. This program, along with free returns and exchanges for 60 days, enhances customer satisfaction and loyalty. The company also offers free standard shipping on U.S. orders over $75, with expedited shipping options available for an additional fee.
Revenue is generated through direct sales on their website, with a focus on high-quality, comfortable, and stylish lingerie. ThirdLove also engages in philanthropic efforts by donating gently worn bras returned by customers to women in need, reinforcing their commitment to social responsibility.
Keywords: custom-fit bras, lingerie, e-commerce, women’s underwear, data-driven sizing, customer-centric, free returns, try before buying, philanthropic, direct-to-consumer.