Outfittery, a Germany-based online menswear retailer formerly known as Paul Secret, has raised more than €1m ($1.2m) from a consortium including local publisher Georg von Holtzbrinck Publishing’s former corporate venturing unit.
Alongside Holtzbrinck Ventures in Outfittery’s round were venture capital firms Mangrove Capital Partners, RI Digital Ventures, Kreativwirtschaft (managed by IBB Beteiligungsgesellschaft) and state- and corporate-backed early-stage investment firm High-Tech Gründerfonds (HTGF).
Holtzbrinck Ventures and HTGF invested an undisclosed amount in Paul Secret in June.