About Carmen Busquets
Carmen Busquets is a venture capital firm founded in 1990. It is primarily based out of Caracas, Venezuela. As of Apr 2021, Carmen Busquets has invested in 16 companies. It primarily invests in Seed round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Retail to Consumer and Enterprise Applications. Most recently it participated in the $***** Series A round of Meadowlark Media Overall, Carmen Busquets portfolio has seen 1 unicorn and 6 acquisitions including key companies like Farfetch, Flexport and Lyst. A lot of funds co-invest with Carmen Busquets, with names like LocalGlobe sharing a substantial percentage of its portfolio. Carmen Busquets has team of 1 people.Key Metrics
Team Members
Portfolio Locations
Rounds of Entry
Seed, Angel & 2 more
Portfolio Unicorns
Portfolio Soonicorns
Carmen Busquets' List of Top Investments
Carmen Busquets has a portfolio of 16 companies, one of which is a Unicorn. Their most notable investments are in Villageluxe and Meadowlark Media.Their portfolio spans across United Kingdom, United States, France and 1 more locations. They have invested in Retail, Consumer, Enterprise Applications and 4 other sectors, across stages such as Seed, Angel and 2 more. Here is the list of top investments by Carmen Busquets:
1. Farfetch
Online retailer offering multi-category fashion products. The product catalog includes apparel, handbags, shoes, watches, jewelry, backpacks, belts, and more for men, women, and kids. In addition, the company also offers pre-owned fashion products. Its mobile application is available for Android and iOS platforms.
Key facts about Farfetch
- Founded Year: 2007
- Location: London (United Kingdom)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $709M
- Employee Count: 3,155 as on Mar 31, 2026
- Investors: HPR Capital, Dragoneer Investment Group and 30 Others
- Latest Funding Round: Post IPO, Apr 27, 2020, $*****
- Highlight: Acquired
2. Flexport
Provider of end-to-end supply chain logistics platform. It offers ocean and air freight, trucking, and fulfillment services. The platform provides real-time shipment tracking and management tools, including customs brokerage and trade finance options. It also includes features for order management, buyer consolidation, and carbon control. The platform integrates with various e-commerce and retail partners, facilitating seamless omnichannel selling. The company aims to streamline the entire supply chain process from origin to customer delivery.
Key facts about Flexport
- Founded Year: 2013
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $2.5B
- Employee Count: 2,867 as on May 31, 2026
- Investors: Syren Capital Advisors, Star Tech NG and 118 Others
- Latest Funding Round: Series E, Jan 19, 2024, $*****
- Highlight: Editors' Pick
Online retailer of women’s designer clothing, bags, shoes, and accessories. The company offers a curated selection of items from various designers. Products include dresses, jewelry, and other fashion-related goods. Trunk shows featuring different designers are available.
Key facts about Moda Operandi
- Founded Year: 2010
- Location: Brooklyn (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $405M
- Employee Count: 379 as on May 31, 2026
- Investors: Apax, Fidelity Investments and 20 Others
- Latest Funding Round: Series F, Aug 16, 2024, $*****
- Highlight: Editors' Pick
4. Lyst
Online aggregator of multi-category fashion products. It is a social curation platform for fashion where users can create a customized shopping feed of products from their favorite designers and stores of apparel and accessories like jewelry, bags, footwear, and more. The mobile application is available for Android and iOS users.
Key facts about Lyst
- Founded Year: 2010
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Mar 31, 2019
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $206M
- Employee Count: 247 as on May 31, 2026
- Investors: Fidelity Investments, Accel and 56 Others
- Latest Funding Round: Series E, May 12, 2021, $*****
- Highlight: Acquired
5. Unmade
Developer of software automating on-demand custom apparel design and manufacturing. The software connects brand, design, and production to deliver products faster. It automates design and manufacturing processes to provide personalised apparel on-demand. The platform supports multiple production methods and streamlines every stage of the value chain. It shortens production times, eliminates manual processes, and reduces errors. The software enables production at scale, while maintaining product and brand integrity. Regular software updates are provided.
Key facts about Unmade
- Founded Year: 2013
- Location: London (United Kingdom)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $13.2M
- Employee Count: 22 as on May 31, 2026
- Investors: Kindred Capital, Playfair Capital and 19 Others
- Latest Funding Round: Seed, Feb 24, 2020, $*****
- Highlight: Acquired
Carmen Busquets' Year-on-Year Investment Trends
Carmen Busquets has invested in 16 companies over the last 13 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Meadowlark Media.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 2 | 0 | 2 |
2017 | 2 | 0 | 2 |
Carmen Busquets' Investments by Stage
Carmen Busquets has made 6 investments in Seed stage with an average round size of $2.38M, 1 investment in Angel stage, 1 investment in Series A stage with an average round size of $12.6M and 1 investment in Series B stage with an average round size of $14M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Angel | 1 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Carmen Busquets' Investments by Sector
Carmen Busquets has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, Gig Economy and High Tech. Notably, it has invested in 13 Tech companies, 12 Consumer (B2C) companies, 4 Marketplace companies and at least 3 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 6 |
Retail | 6 |
Enterprise Applications | 1 |
Gig Economy | 1 |
High Tech | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Carmen Busquets' Investments by Geography
Carmen Busquets has made most investments in United Kingdom (4), followed by United States where it has made 3 investments.Country | No. of Investments |
|---|---|
United Kingdom | 4 |
United States | 3 |
France | 1 |
India | 1 |
Note: We have considered here, only first round of investments
Carmen Busquets' recent investments
Carmen Busquets has not made any investment in 2026 so far.Here are the most recent investments by Carmen Busquets:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 01, 2021 | United States | Series A | 1682 | [+5] | |
Aug 08, 2018 | United Kingdom | Seed | 8223 | [+4] | |
May 29, 2018 | United States | Seed | 1752 | [+3] | |
Apr 14, 2017 | France | Angel | 5564 | - | |
Mar 14, 2017 | India | Seed | 4059 | - |
Unicorns in Carmen Busquets' Portfolio
Carmen Busquets has 1 unicorn in its portfolio - Flexport. The most recent unicorn in their portfolio is Flexport which became a unicorn in 2019, 7 years before Carmen Busquets first invested in it.Here is a list of unicorns in Carmen Busquets' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
81 | Provider of end-to-end supply chain logistics platform | 2013 | San Francisco | Series E | hjtjakc |
Acquired companies in Carmen Busquets' Portfolio
6 companies from Carmen Busquets' portfolio have been acquired. The most recent acquisition was Lyst in Apr 2025 by ZOZO for $*****.Here are Carmen Busquets' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 09, 2025 | Jan 23, 2014 | Series B | 1861 | |
Jul 10, 2024 | Aug 08, 2018 | Seed | 2565 | |
Dec 18, 2023 | - | - | 2127 | |
Aug 04, 2021 | - | - | 4993 | |
Aug 03, 2021 | - | - | 9713 |
Team profile of Carmen Busquets
Carmen Busquets has a team of 1 member. Carmen Busquets' team does not sit on the board of any company as of now.Co-investors of Carmen Busquets
Over the past 13 years, 52 investors have co-invested in Carmen Busquets's portfolio companies. This includes funds and angels.
- Invested before Carmen Busquets: Accel, Molten Ventures and 14 others have invested in rounds before Carmen Busquets. There is 1 company where Accel has invested before Carmen Busquets and 1 company where Molten Ventures has invested before Carmen Busquets.
- Top Co-investors of Carmen Busquets: 24 investors entered a company along with Carmen Busquets. These include investors like LocalGlobe (2 companies).
- Invested after Carmen Busquets: A total of 12 investors have invested in Carmen Busquets's portfolio after their investments. Top Investors include Fidelity (1 company), Novator Partners (1 company) and Giano Capital (1 company).
Recent News related to Carmen Busquets
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Alec’s Ice Cream Secures $11 Million Series A Funding for Expansion and Regenerative Dairy Farm TransitionBitcoin Ethereum News•Oct 08, 2025•Carmen Busquets, Alec's Ice Cream, John Gannon Blog, Great Circle Ventures and 1 other
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Psykhe Raises $1.7M in Seed FundingFinSMEs•Sep 28, 2020•PSYKHE, MadaLuxe Group, Carmen Busquets, Moda Operandi and 2 others
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PSYKHE, the First E-Commerce Recommendation Platform Powered by AI and Psychology, Raises $1.7 Million Seed RoundBusiness Wire•Sep 24, 2020•PSYKHE, Carmen Busquets, Felix Capital, Susa Ventures and 3 others
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London-based on-demand fashion software company Unmade secures $4 million to accelerate growthEU-Startups•Aug 08, 2018•Unmade, Felix Capital, LocalGlobe, Backed and 3 others
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Flont Closes $2m Seed Funding RoundFinSMEs•Mar 14, 2017•Flont, Flont, Carmen Busquets, Richard Baker and 5 others
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Vinaya Gets $3M To Build Connected Tech That’s More Sensitive To Human PsychologyTechCrunch+•Nov 02, 2015•Vinaya, Playfair Capital, LocalGlobe, Carmen Busquets and 5 others
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Vinaya banks $3 million for wearables research and design labFashInvest•Vinaya, Playfair Capital, LocalGlobe, Carmen Busquets and 5 others
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Must Read: Vinaya Raises $3 Million, Karl Lagerfeld to Appear in Kim Kardashian GameLIBBIE GRAHAM•Vinaya, Playfair Capital, LocalGlobe, Carmen Busquets and 5 others
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Journalfocus.com Is For Salejournalfocus.com•Vinaya, Playfair Capital, LocalGlobe, Carmen Busquets and 5 others
