About Fashion Tech
There are 52.1K companies in the Fashion Tech sector across the world, with 5.61K funded companies having collectively raised $51B in venture capital money and private equity. Overall 1.94K of these are Series A+ funded and the sector has seen the creation of 34 Unicorns.
Fashion Tech sector has seen 816 acquisitions and 374 IPOs.
This sector includes companies engaged in the commerce, services, discovery, content, rentals, and second-hand commerce related to fashion through an online first channel. Companies providing tech solutions related to fashion for enterprises, online communities of fashion enthusiasts, innovative solutions and products for fashion industry are also included in the scope of the feed.
Fashion Tech sector is also known as Online Fashion Products, E-Fashion or Fashion eCommerce.
Companies included in Fashion Tech sector
Includes all eCommerce companies involved in selling and buying of fashion products which by definition includes apparel, footwear, jewelry, bags, watches, eye wear and other accessories, fashion discovery companies, fashion services startups catering to business and consumers, content platforms around fashion, social networks for fashion, enablers providing technology solutions across the value chain of fashion companies.Companies excluded in Fashion Tech sector
Excludes offline first fashion retailers and brands. Also excludes manufacturing facilities providers, and offline design studios.Market Map of Fashion Tech
The market map of Fashion Tech gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution. Top 3 trending business models in Fashion Tech sector are Internet First Apparel Brands, Internet First Women's Clothing Brands and Sustainable ECommerce.
Reports related to Fashion Tech
Here are some reports related to Fashion Tech sector:
Free
Fashion Tech - Sector Report
Edition: August, 2026 (84 Pages)Free
Licensed Sports Merchandise E-Commerce - Sector Report
Edition: June, 2026 (52 Pages)
Premium
Fashion Tech Investor Landscape
Edition: July, 2025 (12 Pages)
View all reports related to Fashion Tech. Sign up today!Top Companies in Fashion Tech
There are more than 52.1K companies in Fashion Tech. Lenskart is the top Fashion Tech company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Fashion Tech companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Online eyewear retailer offering a range of eyeglasses, sunglasses, and contact lenses for sale | Gurugram (India) | 2008 | Public | $981M | |
Online retailer offering multi-category fashion products | London (United Kingdom) | 2007 | Acquired | $709M | |
Retailer of silver, gold, and lab-grown diamond jewellery | Bengaluru (India) | 2019 | Series C | $133M | |
Retailer of gold diamond platinum and gemstone jewellery and coins | Bengaluru (India) | 2011 | Public | $255M | |
Online retailer of apparel, shoes, and fashion accessories for consumers | Berlin (Germany) | 2008 | Public | $191M |
Companies founded year-on-year in the Fashion Tech sector
149 new startups have been founded so far in 2026 in the Fashion Tech sector. 4,525 Fashion Tech startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 149 |
2025 | 243 |
2024 | 1,129 |
2023 | 2,292 |
2022 | 2,732 |
2021 | 3,997 |
2020 | 4,525 |
2019 | 3,442 |
2018 | 4,205 |
2017 | 3,038 |
Companies founded across countries in the Fashion Tech sector
United States has 13,005 Fashion Tech startups, the most by any country, followed by India which has 9,542 startups and United Kingdom which has 6,022.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 13,005 |
India | 9,542 |
United Kingdom | 6,022 |
Germany | 1,854 |
Australia | 1,691 |
Canada | 1,481 |
China | 1,313 |
France | 817 |
South Korea | 782 |
Italy | 741 |
Stage-wise distribution of the Fashion Tech sector
Out of the total 52,077 Fashion Tech companies, 5,609 have secured funding. Among them, 1,943 have reached Series A or higher, and 1,504 to Series B or beyond.
Founded - 52,077
Funded - 5,609
Series A+ - 1,943
Series B+ - 1,504
Series C+ - 1,348
Company Stage | No. of companies |
|---|---|
Founded | 52,077 |
Funded | 5,609 |
Series A+ | 1,943 |
Series B+ | 1,504 |
Series C+ | 1,348 |
Want to know more about Fashion Tech ? Signup and explore Tracxn for free
- 52.1K+ Total Companies
- $51B+ Total Funding
- 5.6K+ Funded Companies
- 370+ IPOs
- 815+ Acquisitions
- 80+ Reports
Funding Trends in the Fashion Tech sector
Total funding year-on-year in the Fashion Tech sector
The Fashion Tech sector saw a total funding of more than $35.9B in the last 10 years. The most amount of funding was in 2021 at more than $6.93B. There has been a total funding of $876M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $876M |
2025 | $1.41B |
2024 | $2.63B |
2023 | $4.86B |
2022 | $5.61B |
2021 | $6.93B |
2020 | $3.36B |
2019 | $3.9B |
2018 | $3.95B |
2017 | $2.35B |
Total funding across countries in the Fashion Tech sector
In the last 10 years, Fashion Tech startups in United States have recieved the highest funding among all countries - $13.3B. India follows with $3.71B and United Kingdom with $3.44B.
- Total Funding
Country | Total Funding |
|---|---|
United States | $13.3B |
India | $3.71B |
United Kingdom | $3.44B |
China | $1.9B |
South Korea | $1.89B |
France | $965M |
Germany | $844M |
Canada | $447M |
Sweden | $304M |
Spain | $268M |
Total funding amount raised by stage in the Fashion Tech sector
Over the last 10 years, the Fashion Tech sector have seen $2.21B into Seed Stage funding rounds, $10.6B into Early Stage funding rounds and $16.9B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $16.9B |
Early Stage | $10.6B |
Seed Stage | $2.21B |
Post IPO | $2.04B |
Debt | $1.48B |
PE | $982M |
Grant | $158M |
ICO | $7.89M |
Recent Funding Rounds in Fashion Tech
In the year 2026, till July 2026, Fashion Tech companies have raised $677M in equity funding across 95 rounds.
In the same period last year (i.e. till July 2025), Fashion Tech companies had raised $781M across 167 rounds.
So, 2026 has seen a 13.35% drop in funding in Fashion Tech companies as compared to 2025.
Here are some recent, important funding rounds in Fashion Tech:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 4273 | Jul 30, 2026 | ||
Series B | 7741 | Jul 16, 2026 | ||
Seed | 1659 | Jul 13, 2026 | ||
Seed | 3111 | Jul 10, 2026 | - | |
Seed | 9308 | Jul 09, 2026 |
Top Investors in Fashion Tech
500 Global is the top investor in Fashion Tech companies based on number of companies invested.
Here are some top investors in Fashion Tech:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Ho Chi Minh City (Vietnam) | ||
Palo Alto (United States) | ||
New York City (United States) | ||
Mountain View (United States) |
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M&A activity in Fashion Tech
In the year 2026, till July 2026, 15 acquisitions happened in Fashion Tech sector. Last year, in 2025, a total of 50 acquisitions happened in Fashion Tech sector.
Here are some recent, important acquisitions in Fashion Tech:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 27, 2026 | ||
Business Acquisition | Jul 02, 2026 | ||
Business Acquisition | Jun 20, 2026 | ||
Business Acquisition | May 27, 2026 | ||
Business Acquisition | May 22, 2026 | and 1 more |
Acquisition trends in Fashion Tech
Here are the acquisition trends in Fashion Tech:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 15 |
2025 | 50 |
2024 | 61 |
2023 | 52 |
2022 | 98 |
2021 | 75 |
2020 | 45 |
2019 | 62 |
2018 | 72 |
2017 | 63 |
IPOs in Fashion Tech
In the year 2026, till July 2026, 1 IPO happened in Fashion Tech sector.
Here are some recent, important IPOs in Fashion Tech:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jul 14, 2026 | Euronext Exchange (Euronext) | |
Dec 11, 2025 | Bombay Stock Exchange (BSE) | |
Nov 10, 2025 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Nov 04, 2025 | Bombay Stock Exchange (BSE) | |
Oct 17, 2025 | Bombay Stock Exchange (BSE) |
Colleges which produce the most Fashion Tech companies
Companies founded by alumni from top colleges in the Fashion Tech sector
Most number of Fashion Tech startups have been founded by alumni from Harvard University, Stanford University and University of Pennsylvania.
College | No. of companies |
|---|---|
Harvard University | 110 |
Stanford University | 91 |
University of Pennsylvania | 80 |
IIT Delhi | 65 |
University of California (Berkeley) | 65 |
Harvard Business School | 63 |
Columbia University | 54 |
University of California (Los Angeles) | 46 |
Cornell University | 45 |
Massachusetts Institute of Technology | 40 |
Total funding in companies founded by alumni from top colleges in the the Fashion Tech sector
In the last 10 years, Harvard University graduates' Fashion Tech companies have raised the most funding among top colleges. Stanford University alumni are second, and Harvard Business School alumni are third.
College | Total Funding |
|---|---|
Harvard University | $2.15B |
Stanford University | $1.85B |
Harvard Business School | $1.77B |
University of Delhi | $1.54B |
University of California (Berkeley) | $1.38B |
IIM Bangalore | $1.21B |
McGill University | $1.2B |
INSEAD | $1B |
BITS Mesra | $988M |
BIT Mesra | $984M |
Top News in Fashion Tech
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Prada Group CEO Andrea Guerra: Building a New Growth Cycle for Prada, Versace, and Miu MiuFashion Network•Jul 31, 2026•Prada, Miu Miu, Versace
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Myntra Expands AI Capabilities Across Customer, Seller OperationsApparelResources•Jul 18, 2026•Myntra
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Lulu's Fashion Lounge Holdings, Inc. Announces Review of Strategic AlternativesGlobeNewswire•Jul 14, 2026•Lulus
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S&S becomes exclusive US distributor for certain Adidas apparelDigitalCommerce360•Jul 13, 2026•S&S Activewear, adidas
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S&S Names Sean Eckhardt Senior Vice President of U.S. SalesBusiness Wire•Jul 09, 2026•S&S Activewear
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Fabletics and Stephen & Erica Malbon Launch Second Performance Golfwear CollectionGlobeNewswire•Jul 08, 2026•Fabletics
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