4 years ago

Fashion Search Platform Lyst Eyes IPO After Raising $85 Million

  • London-based fashion search platform Lyst has raised $85 million in funding, with plans for a potential IPO in the next year

  • The company, which allows users to search across thousands of online fashion stores, experienced significant growth in 2020, exceeding $500 million in GMV

  • The funding will be used to further personalize the shopping experience and capitalize on the growing online luxury fashion market.

      • ProblemFashion

      "Discovering and purchasing premium fashion items from a highly fragmented market of brands and retailers is a time-consuming and often overwhelming experience for consumers."

      Solution

      "Lyst provides a centralised platform that aggregates millions of fashion products, offering a personalised shopping experience through its data-driven search engine and recommendations, making it easier for users to discover and buy premium fashion items."

      Covered on