Navabi is an online retailer focused on plus-size clothing and shoes. The company has been around for about a decade and sells fashion aimed at curvy women. It is using newly acquired media support to run in-house produced TV commercials and expand brand awareness. Navabi will leverage ProSiebenSat.1 Group's media assets to reach millions of households in Germany. The articles cite broader market context, noting online retail revenue for clothes and shoes in Germany totaled €16.8 billion in 2018. All previous investors remain on board, including Index Ventures and Verdane. navabi is an online retailer focused on women’s premium plus-size fashion, offering selections from more than 100 brands including Elena Miro, Anna Scholz and James Jeans. Founded in 2009 by Bahman Nedaei and Zahir Dehnadi, the company is based in Aachen, Germany and also has an office in London. navabi trades in more than 30 countries, including the UK, Germany, France and the US. The company’s product assortment emphasizes designer and premium plus-size collections. navabi intends to use new funding to develop its product offer and to support international expansion. The round includes both a cash investment and an advertising budget to boost consumer reach across key European markets. Navabi operates an online marketplace where plus-size women can discover and buy premium designer clothing. The company plans to use the €10m in new funding to support international growth and to explore additional fashion categories beyond premium apparel. Navabi was co-founded in 2009 by Zohejr Dehnadi and Bahman Nedaei and is based in Aachen, Germany. It employs more than 130 people and reported €30 million in revenue, primarily from the UK and the US. Investors in the round include Index Ventures, Dumont Venture, Klaus Wecken, Seventure Partners and previous investors. The company previously raised $2.8M in 2011. navabi operates an online boutique focused on high-quality plus-size designer fashion, offering brands such as Fendi, Kenzo, Roberto Cavalli and Manon Baptiste. The company serves an international customer base across more than 20 countries. navabi targets the plus-size market (from size 44 upwards) and curates designer labels for that segment. Founded in 2009, the company is led by CEO Bahman Nedaei and is based in Aachen, Germany. The business recently completed a funding round and plans to use the proceeds to grow and expand its team. In conjunction with the financing, Seventure Partners’ Dr. Wolfgang Krause will join navabi’s board of advisors.

Total raised

$45M

Funding rounds

4

Latest round

Equity

Latest activity

Jan 2015