FabFitFun Finds $3.5M

Los Angeles-based FabFitFun, a subscription-based, lifestyle brand focused on women, has raised $3.5M in a first round of funding, the company said this morning. The funding came from New Enterprise Associates and Upfront Ventures, who led the round, along with Rachel Zoe Ventures, 500 Startups, Simon Ventures, Draft Ventures, Josh Kushner, Will Gaybrick, Joe Green, Eytan Elbaz, and Bill Woodward. The bootstrapped company says it has a $15 million annual revenue run rate. FabFitFun was founded by Daniel Broukhimmiachael Brukhim, and Katie Rosen Kitchens. More information »