Queenly Raises $6.3M in Funding Led by Andreessen Horowitz
Saturday, July 31, 2021
Female-founded Queenly is using their ML-driven search engine and computer vision technology to reimagine the $15B formalwear industry
SAN FRANCISCO, July 23, 2021 /PRNewswire/ -- Queenly, the leading marketplace and search engine for the formalwear industry, announced today that it raised $6.3 million in funding led by Andreessen Horowitz, bringing their total funding to date to $7.1 million.
By leveraging a proprietary ML-driven search engine and computer vision technology, Queenly is tackling the large, underserved formalwear market--a market that has survived decades, even the recent pandemic, with little to no disruption from Silicon Valley. The formalwear market in North America is currently a $15B industry, with substantial additional value being created and exchanged offline. In the US, "prom season" alone gives way to a $4B industry every year.
By combining a personalized, resale marketplace experience with small-business sales and data analytic tools, Queenly provides the industry its first comprehensive search engine for the formalwear industry. Cofounders Trisha Bantigue and Kathy Zhou have combined their national & international pageant experiences and professional domain expertise to build Queenly.
Queenly categorizes dresses through their computer vision and machine learning system, built in-house by Zhou, who also engineered and launched the company's iOS, Android, and website. The company has proven its resilience after the pandemic by growing to over 125,000 users, 60,000+ unique dresses listed on their platform, and a total inventory value of $15 million.
The recent funding from the leading venture capital firm Andreessen Horowitz (a16z) will help the company grow their team to keep up with industry demand and efficiently scale out their operations and engineering features. Connie Chan, general partner at Andreeseen Horowitz, led the round for the firm.
To date, Queenly has raised $7.1 million in funding with investors that include Y Combinator, The House Fund, Interlace Ventures, Dragon Capital, NextView Ventures, MyAsiaVC and Shakti Venture Capital. Queenly also has A-list angel investors such as the former CTO of Uber, Thuan Pham, CPO of Uber, Manik Gupta, CEO of Lambda School, Austen Allred, CEO & cofounder of Mercari, Ryo Ishizuka, CEO of FitBit, James Park, CMO & cofounder of ScentBird, Rachel ten Brink, and the cofounders of Caviar, Jason Wang, Shawn Tsao, and Andy Zhang.
About Queenly
Founded in 2019, Queenly is the leading marketplace and search engine for the formalwear industry. For more information visit https://queenly.com/.
Media Contact
Gabe Boyd
Pink Shark PR
815-409-1150
315105@email4pr.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/queenly-raises-6-3m-in-funding-led-by-andreessen-horowitz-301340275.html
SOURCE Queenly
|
|
|
|
|
 |
Skunk Works® and XTEND Expand Joint All Domain Command and Control for Advanced Mission Execution | Jan 22, 2026
|
|
Sup AI Sets New Benchmark Record with 52.15% on Humanity's Last Exam | Jan 22, 2026
|
|
Weekly Recap: 11 Tech Press Releases You Need to See | Jan 22, 2026
|
|
Trigent Partners with WeWork India to Expand its GCC Footprint | Jan 22, 2026
|
|
DEADLINE ANNOUNCED FOR 2026 NEW TOP-LEVEL DOMAIN APPLICATIONS | Jan 22, 2026
|
|
Exia Labs Brings Keystone to the U.S. Navy via DIU's Blue Object Management Challenge | Jan 22, 2026
|
|
Genpact Named a Leader in ISG Provider Lens(TM) 2025 for Insurance GCCs and Agentic AI Services | Jan 22, 2026
|
|
Marketing Evolution Announces New Investment Led by Insight Partners to Power AI-Ready Marketing Data for the Agentic Era | Jan 22, 2026
|
|
Glasswall Brings Defense-Level File Sanitization to Every Government Agency and Business Using Microsoft 365 | Jan 22, 2026
|
|
Altair HyperWorks 2026 Delivers Design and Simulation at Scale with AI | Jan 22, 2026
|
|
|
