When was Le Tote founded?

Le Tote was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Le Tote located?

Le Tote is headquartered in San Francisco, United States.

How many employees does Le Tote have?

As of Jul 31, 2026, the latest employee count at Le Tote is 41.

Is Le Tote a funded company?

Le Tote is a funded company, having raised a total of $39.2M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 31, 2013.

When was the latest funding round of Le Tote?

Le Tote's latest funding was a $***** Conventional Debt round on Nov 15, 2019, with participation from 2 investors. Its primary sector is Fashion Tech. In United States, the Fashion Tech sector has seen $482M in funding in 2026 to date.

Where does Le Tote rank among its competitors?

Le Tote ranks 1st amongst 21 active competitors, of which 6 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was BNTO, which secured $15M in Oct, 2025.

Who are the top competitors of Le Tote?

Le Tote's top competitors include For Days, Pickle and BNTO. Among them, BNTO secured the most recent funding round in October, 2025.

Le Tote - 2026 Company Profile, Team, Funding & Competitors

Le Tote is a series C company based in San Francisco (United States), founded in 2012 by Brett Northart and Rakesh Tondon. It operates as an Online B2C rental platform offering subscription-based multi-category fashion products. Le Tote has raised $39.2M in funding from Azure Capital Partners and AITV. The company has 21 active competitors, including 6 funded and 2 that have exited. Its top competitors include companies like For Days, Pickle and BNTO.

Company Details

Online B2C rental platform offering subscription-based multi-category fashion products. The platform offers subscription boxes that include products like tops, bottoms, jewelry, bags, footwear, dresses, outerwear, etc. The platform allows users to custom create the boxes from listed products. The company also provides users the option to purchase the products from the box.

Website: letote.com
Social
Email ID: *****@letote.com

Key Metrics

Founded Year

2012

Location

San Francisco, United States

Stage

Series C

Total Funding

$39.2M in 7 rounds

Latest Funding Round

Conventional Debt, Nov 15, 2019, $*****

Investors

Azure Capital Partners & 33 more

Ranked

1^st among 21 active competitors

Employee Count

41 as on Jul 31, 2026

Investment & Acquisitions

Lord Taylor & 1 more

Similar Companies

For Days & 88 more

View Le Tote's full profile

Le Tote is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Le Tote, Inc. CIN: 45-5163722 , United States, Active	Jan 16, 2012	-	2564 (As on Dec 31, 2020)	-

Le Tote has raised a total funding of $39.2M over 7 rounds. Its first funding round was on Jul 31, 2013. Its latest funding round was a Conventional Debt round on Nov 15, 2019 for $*****. 2 investors participated in its latest round. Le Tote has 31 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Le Tote:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 15, 2019	4531758	Conventional Debt	8832496	7683428	3043290	6080372
Mar 29, 2018	5302051	Series C	6782331	5600612	5344409	Sway Ventures & 3 more
Aug 24, 2015	2831798	Series B	5681314	5605912	AITV	Azure Capital Partners & 4 more

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View details of Le Tote's funding rounds and investors

The founders of Le Tote are Brett Northart and Rakesh Tondon.

Here are the details of Le Tote's key team members:

Brett Northart: Former Co-Founder of Le Tote.
Rakesh Tondon: Former Co-Founder of Le Tote.

View details of Le Tote's Founder profiles and Board Members

Le Tote's employee count trend

Le Tote has 41 employees as of Jul 26. Here is Le Tote's employee count trend over the years:

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Top competitors of Le Tote include For Days, Pickle and BNTO. Here is the list of Top 10 competitors of Le Tote, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Le Tote 2012, San Francisco (United States), Series C	Online B2C rental platform offering subscription-based multi-category fashion products	$39.2M	Wellsfargocapitalfinance, EG Capital Advisors ... & 32 others	51/100
2nd	For Days 2018, Los Angeles (United States), Seed	Online rental platform offering multi-category fashion products	$2.8M	Rosecliff Ventures, Collab Fund & 16 others	42/100
3rd	Pickle 2021, New York City (United States), Series A	P2P rental platform for multi-category fashion products	$20.5M	Craft Ventures, FirstMark & 3 others	42/100
4th	BNTO Los Angeles (United States), Series A	Provider of clothing and accessories rental services through a monthly subscription	$15M	Notable Capital, New Enterprise Associates ... & 2 others	34/100
5th	Rep the Squad 2017, Seattle (United States), Deadpooled	Subscription based sports jersey rental platform	$2.53M	FJ Labs, Brand Foundry & 10 others	27/100
6th	Closet with Benefits 2014, New York City (United States), Deadpooled	Rental service for fashion apparel and accessories	-	-	24/100
7th	A Dress the Occasion 2019, United States, Unfunded	Online marketplace of apparel rentals for women	-	-	24/100
8th	Little Things Borrowed 2016, Largo (United States), Unfunded	Online rental platform offering wedding apparel & accessories	-	-	24/100
9th	DesignerShare 2016, Chicago (United States), Seed	Online rental platform for multi-category fashion products	$50K	-	24/100
10th	Slope Threads 2018, Golden (United States), Unfunded	Online platform for renting ski gear and clothing	-	-	23/100