New York-based online jewelry retailer BaubleBar announced that the company has raised $10 million in Series B financing under Burch Creative Capital. Other participants in the round include Aspect Ventures, Triplepoint Ventures, Comcast Ventures and existing investors Accel Partners and Graycroft Partners.
This round supports business growth, existing retail partnerships with companies such as Nordstrom and Anthropologie, and the development of the company’s internal performance and technology infrastructures.
BaubleBar co-founders Amy Jain and Daniella Yacobovsky are excited to have major partners in this funding round, in particular the retail vet Chris Burch.
BaubleBar was established in 2010. Jain and Yacobovsky set out to build their first go-to retail destination for on-trend fashion jewelry at an affordable price point and disrupted the category with their consolidated supply chain and market speed. The company has already raised $1 1M round of seed led by Accel and $4 5M Series A led by Accel and Graycroft
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