Friday, November 22

Tag: Brandless

Clarke Capital and Ikonifi Acquire Softbank’s Former Portfolio Company Brandless.com
ACQUISITION

Clarke Capital and Ikonifi Acquire Softbank’s Former Portfolio Company Brandless.com

SALT LAKE CITY, June 25th, 2020 -- Utah-based Clarke Capital Partners with Silicon Slopes digital marketing agency, Ikonifi acquire Brandless.com. Brandless.com is the community-driven, direct-to-consumer company that offered a curated assortment of high-quality, fairly priced products. After this acquisition, the partnership intends to aggressively relaunch these products to order it online in the near future. The company that shot to stardom in 2018 under the leadership of Tina Sharkey, shut its doors in February of this year, despite having achieved a $500 Million valuation and having received almost $300 Million from sources including SoftBank's $100 Billion Vision Fund, NEA, Redpoint Ventures, GV, and Sherpa Capital. Celebrity investors had also included the likes of S...