Macy's

Macy's

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Investment Firm

Overview

Macy’s is an omnichannel retailer of beauty, fashion, home decor, and more products. With fiscal 2016 sales of $25.778 billion and approximately 140,000 employees, the company operates more than 700 department stores under the nameplates Macy’s and Bloomingdale’s, and approximately 125 specialty stores that include Bloomingdale’s The Outlet, Bluemercury, and Macy’s Backstage. Macy’s, Inc. operates stores in 45 states, the District of Columbia, Guam, and Puerto Rico, as well as macys.com, bloomingdales.com, and bluemercury.com. Bloomingdale’s stores in Dubai and Kuwait are operated by Al Tayer Group LLC under license agreements. Macy’s, Inc. has corporate offices in Cincinnati, Ohio, and New York, New York. Prior to June 1, 2007, Macy’s, Inc. was known as Federated Department Stores, Inc. The company’s shares are traded under the symbol “M” on the New York Stock Exchange.

Highlights

Founded

1858

Industry

E-Commerce

Employees

10001+

Investment

5

Lead Investment

3

Exits

1

Stages

Seed, Late Stage Venture, Early Stage Venture

Investor Type

Angel Group, Incubator, Investment Bank, Micro Vc

Location

New York, New York, United States, North America

Contact Information

Social

Profile Resume

Macy's, established in 1858 and headquartered in New York, New York, United States, North America., specializes in Seed, Late Stage Venture, Early Stage Venture investments across Internet, E-Commerce, Marketing, Events, Event Management, Wedding, Enterprise Software, Software, Finance, Social Media Marketing. The organization boasts a portfolio of 5 investments, with an average round size of $28.0M and 1 successful exits. Their recent investments include VIPstore.com, Wedding Channel, Idealab, Klarna, b8ta. The highest investment round they participated in was $3.8B. Among their most notable exits are VIPstore.com and Wedding Channel. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Joseph Neubauer

Joseph Neubauer

Member of the Board of Directors

imagePlace Joy Fan

Joy Fan

Design/Stylist Assistant, Macy's Passport

imagePlace Craig Weatherup

Craig Weatherup

Member of the Board of Directors

imagePlace Joyce Roche

Joyce Roche

Member of the Board of Directors

imagePlace Jason Shugars

Jason Shugars

Product Manager, Payments and Delivery

imagePlace Timothy M. Adams

Timothy M. Adams

Chief Private Brand Officer and President International Retail Store Development

Investment portfolio

Macy's has made 5 investments. Their most recent investment was on Oct 31, 2019, when b8ta raised $50.0M.

investments

5

Diversity investments

1

Lead investments

3

Number of exits

1

Investments

5

Annouced DateOrganization NameIndustryMoney Raised
May 23, 2012
VIPstore.com VIPstore.com
Internet15.0M
Jun 26, 2018
b8ta b8ta
Software19.0M
Oct 31, 2019
b8ta b8ta
Software50.0M
Oct 06, 2020
Klarna Klarna
E-Commercenull

Exits

1

Funding Timeline

Funding rounds

5

Investors

1

Funds

0

Funding Rounds

5

Macy's has raised 5 rounds. Their latest funding was raised on Oct 06, 2020 from a Corporate Round - Klarna round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
May 23, 2012
Venture Round - VIPstore.com Venture Round - VIPstore.com
-15.0M-
Jun 26, 2018
Series B - b8ta Series B - b8ta
-19.0M-
Oct 31, 2019
Series C - b8ta Series C - b8ta
-50.0M-
Oct 06, 2020
Corporate Round - Klarna Corporate Round - Klarna
-0-

Investors

2

Investor NameLead InvestorFunding RoundMoney Raised
-No
Post-IPO Debt - Macy's
4500.0M
-Yes
Post-IPO Equity - Macy's
0

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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