Wednesday, November 29, 2017

Jaanuu Finds New Funding

El Segundo-based medical apparel company Jaanuu, the venture-backed startup led by Shaan Sethi, said it has received a new, strategic investment round today. New investors in the company include Dan Nordstrom (former co-president of Nordstrom) and his Nordstrom family, Joel Spiegel, former VP of engineering for Amazon and creator of Amazon Marketplace, Georg Richter, former president and COO of Guthy-Renker, Gabriel Naouri, deputy head of international operations of Groupe Casino, Innovation Global Capital, Maywic Select Investments and others. Size of the investment was not announced. Jaanuu said the new funding will go towards expansion into new apparel categories and senior level staffing hires. The additional investors expand on an already impressive list of angels in Jaanuu, including earlier investors Sipadan Capital, Roundhouse Ventures, Innovation Global Capital and Deborah Benton (board member of The Bouqs, Carbon38 and Vow To Be Chic), BAM Ventures, John Suh (CEO of LegalZoom), Ron Burkle (founder of The Yucaipa Companies), Sean Collins (founder of BCG Digital Ventures), Rick Marini (founder of Tickle and BranchOut), Potenza Capital, M3 Ventures, among others.