Gilt Groupe is an American online shopping site launched in 2007. In 2016, the company was sold to Hudson's Bay Company for approximately $250 million, which was less than the $268 million taken from investors. Prior to the Hudson's Bay acquisition, sales were exceeding growth projections but the firm had not been profitable yet. In 2018, Boston-based Rue La La acquired Gilt from Hudson's Bay.
Gilt has received investment from 2 venture capital firms.
Gilt Groupe is an American online shopping site launched in 2007. In 2016, the company was sold to Hudson's Bay Company for approximately $250 million, which was less than the $268 million taken from investors.
Gilt has received investment from AlleyCorp, BlueRun Ventures. These venture capital firms and investors provide both capital and strategic support.
Gilt has raised $286M in total funding, with their most recent round being a Series D+. The company operates in the Consumer sector.
Gilt was founded in 2007 and is headquartered in New York, New York.
Gilt operates in the Consumer sector. Gilt Groupe is an American online shopping site launched in 2007. In 2016, the company was sold to Hudson's Bay Company for approximately $250 million, which was less than the $268 million taken...
