Knowledge (XXG)

Brandless

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In February 2020, Brandless announced that it would cease operations, citing fierce competition and business model inviability in the direct-to-consumer market. The business laid off 70 staff members (about 90% of the operation at the time) with the remaining employees managing open orders.
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In 2019, Brandless began to offer an optional subscription service to its customers. Under the new management, the business model moved to a mission-driven, omni-channel e-commerce platform making acquisitions of like-minded companies to plug into Brandless growth engine.
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On February 10, 2020, the company confirmed it would cease operations. The assets of Brandless were purchased in June 2020 by Clarke Capital Partners and Ikonifi. Brandless subsequently relaunched in the summer of 2020. The company raised $ 118 million in August 2021.
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The assets of Brandless were purchased in June 2020 by Onward Partners, LLC, a company formed by Clarke Capital Partners and Ikonifi. Brandless relaunched under the leadership of Clarke Capital Partners, a family office based in
283:-free, its health and beauty items as cruelty-free, and paper products as adhering to sustainable forestry practices. Products' labels consist of only a white box with the product's name and two to five descriptors, such as 311:
In February 2018, Brandless received the Best NewCo of the Year award from NewCo Honors for disrupting retail markets and donating 250,000 meals to Feeding America. Additionally, it was awarded "StartUp of the Year" by
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The company operated a direct-to-consumer model. Initially, Brandless priced single items at $ 3, or multiple items for $ 3 total. That policy changed in January 2019 and higher-priced products were offered.
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In mid-2016, Sharkey resigned from her position as CEO of Sherpa Foundry to become CEO of Brandless, with Leffler serving as its chairman. The company raised $ 16 million in funding led by
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In May 2019, Brandless raised $ 240 million as a part of its series C funding round. Soon after, Tina Sharkey stepped down as CEO after friction between her and lead investor
1095: 415: 1110: 1090: 1065: 1100: 1120: 1105: 1060: 218:, had a background in online communities, and Leffler, the founder of several companies, including Yes To, Inc. and Yoobi, had experience in consumer products. 751: 1055: 1050: 931: 853: 497: 382: 356: 523: 263:. The company raised $ 118 million in debt and equity in August 2021, one of the largest funding rounds ever to be led by a female CEO. 956: 466: 828: 776: 880: 654: 440: 802: 726: 679: 577: 630:"Brandless Receives $ 240 Million In Series C Funding Round, Enabling Continued Growth For The E-Commerce Startup" 906: 658: 603: 272: 226: 1080: 1007: 276: 1085: 981: 240:
in Los Angeles in May. Brandless launched a second, larger pop-up store in New York in October 2018.
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in November 2016, and at launch had received a total of $ 50 million in venture capital from
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company that manufactures and sells products under its own label led by Tiffany Vail as CEO.
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in 2018 and was also awarded one of "The World's Most Innovative Companies in Retail" by
256: 244: 553:"Exclusive: Investors Bet on Brandless as the Next Procter and Gamble for Millennials" 416:"Brandless Hopes To Shake Up Consumer Products With Direct-To-Consumer Basics For $ 3" 1044: 237: 136: 320: 187: 80: 932:"Brandless Closes $ 118 Million Round of Funding to Drive Acquisitions and Growth" 498:"Brandless Closes $ 118 Million Round of Funding to Drive Acquisitions and Growth" 441:"Co-founders of online grocer Brandless on their mission to make shopping simpler" 752:"Utah's Brandless ready to grow e-commerce biz with $ 118 million in new funding" 292: 203: 183: 76: 683: 215: 207: 176: 140: 26: 211: 578:"Discount start-up launches first pop-up—with a twist | Chain Store Age" 524:"This New Site Sells Food And Household Essentials–All For $ 3 Or Less" 48: 314: 288: 132: 957:"2018's Most Inspiring Companies: The NewCo Honors Award Recipients" 467:"SoftBank-backed Brandless to lay off staff, shutter operations" 260: 128: 829:"Interview with Tina Sharkey, CEO and Co-Founder of Brandless" 280: 982:"Ad Age Announces The Winners Of The 2018 Creativity Awards" 854:"Startup Aims to Offer Savings by Ditching Brands for Good" 803:"Online Grocery Store 'Brandless' Sells Everything for $ 3" 1035: 161: 777:"Lessons On Branding From A Company That Has No Brand" 1071:
Defunct companies based in the San Francisco Bay Area
680:"SoftBank-backed Brandless shuts its doors for good" 357:"What does $ 3 buy you? On this website, everything" 156: 146: 124: 110: 100: 86: 72: 54: 43: 33: 881:"Brandless expands health and wellness assortment" 655:"Inside the Turmoil at SoftBank-Backed Brandless" 202:Tina Sharkey and Ido Leffler met while living in 907:"BRIEF Brandless launches subscription option" 383:"Brandless Fights Big Brands with $ 3 Pricing" 1076:Defunct online companies of the United States 604:"Brandless is launching a pop-up shop in NYC" 8: 1116:Privately held companies based in California 1008:"2019 The World's Most Innovative Companies" 19: 727:"Startup Failure Series Case Study: Part 5" 350: 348: 1096:Internet properties disestablished in 2020 25: 18: 546: 544: 275:, and operated an additional facility in 409: 407: 405: 403: 1111:Retail companies disestablished in 2020 1091:Internet properties established in 2016 344: 1066:American companies established in 2016 827:Peterson, Laurie (September 5, 2017). 1101:Online retailers of the United States 7: 1121:Retail companies established in 2020 1106:Retail companies established in 2016 1061:2020 disestablishments in California 492: 490: 488: 775:Schwab, Katharine (July 14, 2017). 522:Anzilotti, Eillie (July 13, 2017). 295:. Brandless is a brand of its own. 905:Ruff, Corinne (January 17, 2019). 14: 1056:2016 establishments in California 1051:Companies based in San Francisco 879:Ruff, Corinne (March 20, 2019). 725:Pattanayak, Komal (2020-12-12). 381:Terlep, Sharon (July 12, 2017). 236:In 2018, the company launched a 801:Pomranz, Mike (July 12, 2017). 551:Rao, Leena (December 7, 2016). 47:Consumer packaged goods (CPG), 703:Dumont, Jessica (2020-02-10). 602:Crook, Jordan (October 2018). 414:Feldman, Amy (July 11, 2017). 355:Meyer, Zlata (July 14, 2017). 1: 678:Loizos, Connie (2020-02-10). 190:, it launched in July 2017. 750:Raymond, Art (2021-08-04). 653:Bernard, ZoĂ« (2019-06-19). 279:. It marketed its foods as 16:American e-commerce company 1137: 210:. Sharkey, the founder of 60:; 8 years ago 273:San Francisco, California 227:New Enterprise Associates 182:Brandless was founded by 24: 936:Silicon Slopes Newsroom 502:Silicon Slopes Newsroom 271:Brandless was based in 705:"Brandless shuts down" 307:Awards and recognition 277:Minneapolis, Minnesota 214:and the former CEO of 120:Matt Durham, President 833:Whole Foods Magazine 245:SoftBank Vision Fund 860:. September 3, 2017 781:Fast Company Design 473:. February 10, 2020 387:Wall Street Journal 148:Number of employees 21: 628:htc (2019-05-30). 116:Tiffany Vail, CEO 223:Redpoint Ventures 170: 169: 1128: 1036:Official Website 1024: 1023: 1021: 1019: 1004: 998: 997: 995: 993: 978: 972: 971: 969: 968: 953: 947: 946: 944: 943: 928: 922: 921: 919: 917: 902: 896: 895: 893: 891: 876: 870: 869: 867: 865: 850: 844: 843: 841: 839: 824: 818: 817: 815: 813: 798: 792: 791: 789: 787: 772: 766: 765: 763: 762: 747: 741: 740: 738: 737: 722: 716: 715: 713: 712: 700: 694: 693: 691: 690: 675: 669: 668: 666: 665: 650: 644: 643: 641: 640: 625: 619: 618: 616: 614: 599: 593: 592: 590: 589: 574: 568: 567: 565: 563: 548: 539: 538: 536: 534: 519: 513: 512: 510: 509: 494: 483: 482: 480: 478: 463: 457: 456: 454: 452: 445:CBS This Morning 437: 431: 430: 428: 426: 411: 398: 397: 395: 393: 378: 372: 371: 369: 367: 352: 166: 163: 68: 66: 61: 29: 22: 1136: 1135: 1131: 1130: 1129: 1127: 1126: 1125: 1041: 1040: 1032: 1027: 1017: 1015: 1006: 1005: 1001: 991: 989: 980: 979: 975: 966: 964: 955: 954: 950: 941: 939: 930: 929: 925: 915: 913: 904: 903: 899: 889: 887: 878: 877: 873: 863: 861: 852: 851: 847: 837: 835: 826: 825: 821: 811: 809: 800: 799: 795: 785: 783: 774: 773: 769: 760: 758: 749: 748: 744: 735: 733: 724: 723: 719: 710: 708: 707:. 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Retrieved 360: 321:Fast Company 319: 313: 310: 301: 297: 270: 253: 249: 242: 238:pop-up store 235: 220: 201: 192: 188:Tina Sharkey 181: 172: 171: 117: 91:Draper, Utah 87:Headquarters 81:Tina Sharkey 34:Company type 961:NewCo Shift 911:Retail Dive 885:Retail Dive 608:Tech Crunch 477:10 February 471:CNBC Retail 293:gluten-free 204:Mill Valley 184:Ido Leffler 102:Area served 77:Ido Leffler 1045:Categories 967:2018-03-16 942:2021-10-05 864:20 October 858:NBC News 2 838:20 October 812:22 October 786:20 October 761:2021-10-05 736:2022-03-30 731:VCBay News 711:2020-09-08 689:2020-09-08 684:Techcrunch 664:2020-09-08 639:2019-06-01 588:2018-04-17 562:20 October 533:19 October 508:2021-10-05 451:19 October 425:19 October 392:19 October 366:19 October 340:References 216:BabyCenter 208:California 177:e-commerce 152:100 (2021) 141:Housewares 112:Key people 361:USA Today 324:in 2019. 173:Brandless 162:brandless 20:Brandless 1018:12 April 992:11 April 916:11 April 890:11 April 613:11 April 328:See also 212:iVillage 125:Products 73:Founders 44:Industry 557:Fortune 285:organic 198:History 157:Website 63: ( 55:Founded 49:grocery 38:Private 986:Ad Age 420:Forbes 315:Ad Age 289:kosher 133:Beauty 291:, or 1020:2019 994:2019 918:2019 892:2019 866:2017 840:2017 814:2017 788:2017 615:2019 564:2017 535:2017 479:2020 453:2017 427:2017 394:2017 368:2017 261:Utah 186:and 164:.com 129:Food 65:2016 58:2016 281:GMO 1047:: 1010:. 984:. 959:. 934:. 909:. 883:. 856:. 831:. 805:. 779:. 754:. 729:. 682:. 657:. 632:. 606:. 580:. 555:. 543:^ 526:. 500:. 487:^ 469:. 443:. 418:. 402:^ 385:. 359:. 347:^ 287:, 259:, 247:. 229:, 206:, 93:, 1022:. 996:. 970:. 945:. 920:. 894:. 868:. 842:. 816:. 790:. 764:. 739:. 714:. 692:. 667:. 642:. 617:. 591:. 566:. 537:. 511:. 481:. 455:. 429:. 396:. 370:. 67:)

Index


Private
grocery
Ido Leffler
Tina Sharkey
Food
Beauty
Personal care
Housewares
brandless.com
e-commerce
Ido Leffler
Tina Sharkey
Mill Valley
California
iVillage
BabyCenter
Redpoint Ventures
New Enterprise Associates
Google Ventures
pop-up store
SoftBank Vision Fund
Silicon Slopes
Utah
San Francisco, California
Minneapolis, Minnesota
GMO
organic
kosher
gluten-free

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