Fundz

Tailored Brands Announces $75 Million in New Financing to Continue to Advance Strategic Plans

TAKEN PRIVATEMar 05, 2021

Amount Raised

$75 Million

Round Type

Funding Round

New YorkE CommerceFashionRetail

Description

Tailored Brands, Inc. (the “Company”) today announced the closing of a $75 million investment by a group of existing shareholders and lenders. The financing consists of $50 million of mandatorily convertible notes and $25 million in additional senior secured debt. This transaction will provide additional liquidity for the Company as it continues to advance its strategic plans to ensure it is best positioned to meet the evolving needs of its customers following the COVID-19 pandemic, and demonstrates the continued commitment of its investors to the long-term success of the Company.

Who else raised in E Commerce and Fashion around the same time

Companies in the same sectors as Tailored Brands that raised within 45 days of this round, from Fundz verified event records.

  • Trax raised $640M (Funding Round) on April 7, 2021.
  • Perfect Moment Ltd. raised $29M on March 25, 2021.
  • Perfect Moment Ltd. raised an undisclosed amount on March 8, 2021.
  • Olivela raised $6.2M on March 3, 2021.
  • Pepperfry Limited raised $4.6M (Seed) on February 23, 2021.
  • Neptune Wellness Solutions raised $12M on February 22, 2021.

Who to call at Tailored Brands, and when

A new round usually means Tailored Brands is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Tailored Brands raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Tailored Brands, from your own LinkedIn network

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Company Information

Company

Tailored Brands

Location

New York, New York, United States

About

Tailored Brands is a leading omnichannel specialty retailer of menswear, including suits, formalwear and a broad selection of business casual offerings. We help our customers love the way they look and feel by delivering personalized products and services through our convenient network of stores and e-commerce sites. Our brands include Men's Wearhouse, Jos. A. Bank, Moores and K&G Fashion Superstore.

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Related People

2 contacts
Verified contactsLil S., Director Talent Acquisition hidden hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

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Tailored Brands raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.