Plus-sized clothing startup Dia&Co gets another $70M from Sequoia, USV | Industry

The retail has and continues to fail the growing number of American women size 14 or larger, says Nadia Boujarwah, the co- and chief executive officer of Dia&Co, a personal styling service for plus-sized women.

According to Plunkett Research, nearly 70 percent of women in the U.S. are plus-sized and Dia&Co wants to expand the options available to that growing demographic. Today, the New York-based startup is announcing that it’s brought in another $70 in venture capital funding from existing backers Capital and Union Square Ventures ().

“I’ve been a plus-sized woman my whole life and no one can convince me that this isn’t a failure of retail,” Boujarwah told Tech.”The current state of the plus size market is in no way reflective of how [it] should look going forward. There is so much ahead of us.”

Boujarwah started Dia&Co in 2015 with Lydia Gilbert. To date, the pair have raised $95 million and accumulated 4 million on its Stitch Fix-like direct-to-consumer marketplace. The latest investment represents a previously unannounced $30 million B led by Sequoia and a $40 million C led by USV. As part of the C, USV partner Rebecca Kaden will join the startup’s board of directors; Sequoia partner Alfred Lin already sits on the board.

Dia&Co has also hired Francis Nzeuton as its chief financial officer. Most recently, Nzeuton led finance for Amazon’s U.S. consumables business.

Boujarwah declined to disclose Dia&Co’s latest valuation.

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