Seat 14A

http://www.seat14a.com

500startups // 500startups Batch 6 starting 2013-05-01

Key notes: A GQ look in your inbox

Office address: New Delhi, Delhi, India

Description: At Seat 14A we offer fresh, complete “GQ” looks in your inbox every 1-2 weeks (that you can actually buy). We're the only private label with such curation and simplicity baked into the experience. Every outfit includes 2-4 items matching in color, accessories, based on what's currently in season and can be made in your measurements at no extra cost. Outfits are priced at a fraction of what a comparable brand would cost and delivered in 2 weeks with free global shipping. Investor FAQ: * NOT subscription commerce (if you like a look you buy it, no monthly or weekly boxes.) * Vertically integrated - all design, sourcing, manufacturing and logistics are in-house in New Delhi, India. No middlemen. * Negative working capital - customer pays us before we spend anything on fabric or make (no inventory). * Profitable on first buy - average outfit is $150 and has 40-50% margin. * Focus on North American market (although some traction in Europe and India as well).

View details on Crunchbase:

http://www.crunchbase.com/organization/seat-14a

Angellist Page:

https://angel.co/seat-14a

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Funding Rounds

Date	Name	$ Invested	Crunchbase link

Investors

Round Date	Round Name	Investor	Crunchbase Link