Bored with Victoria Secret? Discover innovation in Lingerie with ThirdLove
By combing through data and pioneering half-cup sizes, husband-and-wife founders Heidi Zak and David Spector revolutionized online shopping for lingerie. With Victoria Secret, long the dominant player in bras, ailing, there’s been an opportunity for new players, including ThirdLove, which now has 1% of the market despite raising only $30 million in venture capital.
ThirdLove is an innovative bra and underwear brand that believes fit should come first. They designs, manufactures and markets bras.
Thirdlove’s latest funding round was a Series A for $8M on Feb 2016. Their top competitor are Adore Me, led by Morgan Hermand-Waiche, who is their Founder & CEO. It is ranked 23,897 among websites globally based on its 2,164,429 monthly web visitors. ThirdLove competes with Adore Me, True&Co, and Journelle.
Founders: David Spector (co-CEO), Heidi Zak (co-CEO)
Equity Raised: $30 million
Estimated 2018 Revenue: $160 million
Lead Investors: L Catterton, New Enterprise Associates