ShopMy has raised $70 million in new funding, led by Avenir with participation from Bain Capital Ventures, Bessemer Venture Partners, Menlo Ventures, and several iconic tastemakers who use and love what we’re building — bringing our valuation to $1.5 billion.

This milestone reflects a simple truth: word of mouth is the most powerful force in commerce.i ShopMy was built on the belief that trust and taste, not ads or algorithms, drive lasting brand value. Over the past five years, we’ve created the infrastructure that connects premium brands, culture-driving tastemakers, and discerning consumers through human curation that can be measured, scaled, and built to last. Thank you to the brands, creators, and consumers who continue to build this future with us. We’re just getting started.

Read the full story in The Business of Fashion | Press Release here