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Stitch Fix history
Stitch Fix company history timeline
In 2011, Lake set out to create a personal shopping website.
Venture capitalist Steve Anderson made a $750,000 investment in the company in 2011, which enabled Lake to officially launch her company.
Then, in early 2012, Lake was introduced to Eric Colson, then the VP of Data Science & Engineering at Netflix.
What’s more, Stitch Fix has been turning a profit every year since 2015.
In 2015, the company brought in $21 million.
By May 2017, the company raised $42 million from outside investors.
In the midst of the 2020 pandemic, Stitch Fix announced layoffs for 18% of its workforce — including stylists and data scientists — amounting to 1,400 employees.
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Stitch Fix competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Wayfair | 2002 | $11.9B | 16,901 | 556 |
| Staples | 1986 | $18.2B | 75,000 | 2,297 |
| Williams Sonoma | 1956 | $7.7B | 28,200 | 1,419 |
| eBay | 1995 | $10.3B | 13,300 | 235 |
| Deckers Brands | 1973 | $4.3B | 3,200 | 907 |
| Sharper Image | 1977 | $86.0M | 2,000 | - |
| Saks | 1919 | $3.1B | 12,900 | 260 |
| Tailored Brands | 1973 | $2.9B | 19,300 | 697 |
| Etsy | 2005 | $2.8B | 1,400 | 65 |
| Everlane | 2010 | $40.0M | 368 | 26 |
Stitch Fix history FAQs
Zippia gives an in-depth look into the details of Stitch Fix, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Stitch Fix. The employee data is based on information from people who have self-reported their past or current employments at Stitch Fix. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Stitch Fix. The data presented on this page does not represent the view of Stitch Fix and its employees or that of Zippia.
Stitch Fix may also be known as or be related to Stitch Fix, Stitch Fix Inc, Stitch Fix Inc. and Stitch Fix, Inc.