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by thegna 4648 days ago
JustFab was founded by Don Ressler and Adam Goldenberg in March 2010. (0, 1)

Series A round of $33 Million was raised in September 2011 (2), led by Matrix Partners' Josh Hannah @jdh (3), Technology Crossover Ventures participated.

A national class action lawsuit was filed against Just Fabulous, Inc. in October 2011 (4).

Series B round of $76 Million was raised in July 2012, investors included Rho Capital Partners, Matrix Partners, Technology Crossover Ventures, Intelligent Beauty (2)

Series C round of $40 Million was raised in September 2013, investors included Shining Capital, Technology Crossover Ventures, Rho Ventures, Matrix Partners, Intelligent Beauty (2)

(0) http://www.matrixpartners.com/entrepreneur-stories/adam_gold...

(1) http://en.wikipedia.org/wiki/JustFab

(2) http://www.crunchbase.com/company/justfabulous

(3) http://www.matrixpartners.com/team/josh-hannah/

(4) http://www.scambook.com/blog/2011/10/justfab-com-justfabulou...

1 comments

So how did that class action lawsuit work out?

And isn't this more something for small claims court? You save a lot on lawyer costs that way.

That works well for getting just your money back. If you're upset about the whole thing and want to shut it down or get their business practices changed, a class action lawsuit is the way to go.