January.30.2019
Orrick has advised lifestyle brand FabFitFun on its $80 million Series A financing round. Led by Kleiner Perkins, existing investors Upfront Ventures and NEA also participated in the round. As part of the financing, Kleiner Perkins General Partners Mood Rowghani and Mary Meeker will join as board member and board observer, respectively.
Los Angeles-based FabFitFun curates beauty, wellness, fashion and fitness products for its seasonal subscription box that is shipped to over 1 million annual subscribers.
Orrick has advised FabFitFun since 2017 on various aspects of its business, including on corporate, financing, compensation and benefits, product liability and tax matters. Orrick’s Santa Monica-based team was led by Josh Pollick and included William Blackman and Pia Bhathal. Additional assistance was provided by John Bautista, Harry Clark, Sulina Gabale, Tim Greene, Bill Hughes and Mike Yang.
Orrick’s Santa Monica office opened in 2017 and represents Southern California-based startups, such as Beyond Meat, Cloud9, Clutter, FabFitFun, Housecall, NationBuilder, PlayVS, Second Spectrum, Soylent and ZestFinance.