Lyst raised $85 million from Fidelity International, Novator Capital et al.

Lyst, a London, UK-based operator of a B2B fashion marketplace, announced that it raised $85 million.

The money was raised from a range of investors including Fidelity International, Novator Capital, Giano Capital, former Apple executive Pascal Cagni’s C4 Ventures and Draper Esprit.

Lyst, founded in 2010 by Chris Morton, built a fashion search platform that allows users to browse through a multitude of online fashion stores. The company says it provided over 150 million users making purchases from a selection of 8 million products from 17,000 brands and retailers, with a Gross Merchandise Value on the platform topping half a billion in 2020.