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Brooklinen Announces New Investment From Freeman Spogli &Amp; Co.

Jun 30, 2021•about 4 years ago
Brooklyn

Description

Brooklinen, Inc., a leading direct-to-consumer brand in the home essentials category, today announced that it has secured an investment from Freeman Spogli & Co. The partnership will help support Brooklinen's continued growth of its direct-to-consumer e-commerce business and accelerate the expansion of its retail and wholesale branches. Existing investor Summit Partners will continue to support the company's growth. Specific terms of the transaction were not disclosed.

Company Information

Company

Brooklinen

Location

Brooklyn, New York, United States

About

Launched in 2014, Brooklinen has established itself as the leading e-commerce disrupter of the overpriced and overcomplicated home essentials industry, offering global customers a curated collection of stylish, luxury-grade linens at an accessible price point. Based in Brooklyn, New York, the brand was founded on the philosophy that people deserve simple, beautiful home essentials without the luxury markup. By cutting out the middleman, Brooklinen manufactures responsibly and efficiently to offer exquisite design and exceptional savings, bringing effortless, affordable luxury to any home. Expanding beyond the bedroom in 2018, Brooklinen introduced bath goods and loungewear to bring its signature soft goods experience into more rooms throughout the home and beyond. In 2020, Brooklinen opened its first retail location in Brooklyn, NY. For additional information, visit www.brooklinen.com.