What does DÔEN do?
DÔEN is a digitally-led, multi-channel fashion and lifestyle brand that started as a digitally native fashion label and has since evolved into a full lifestyle brand offering a wide range of apparel and home collections.
How much did they raise?
The company raised approximately $1M in its Series A round, led by Silas Capital, following previous outside capital of around $1M and a track record of building a $100M+ revenue business.
What are their plans for the money?
With the new funding, DÔEN aims to accelerate brand growth and retail expansion, leveraging the capital to enhance its market presence, scale its operations, and explore new retail partnerships both domestically and internationally.
What have they achieved so far?
Since its inception in 2016, DÔEN has grown organically to surpass $100M in revenue, secured key partnerships with prominent retailers such as Net-a-Porter, Saks Fifth Avenue, Nordstrom, and several international luxury department stores, demonstrating significant progress in its market strategy.