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Dollar Shave Club. the Venice-based men’s razor provider, announced $75 million in series D funding on Sunday.
The round was led by Venrock Capital, TCV Capital and Forerunner Ventures with contributions from Wealthfront, Airbnb, and Instacart.
The newest round brings Dollar Shave Club’s funding total to $143 million since their seed round in 2012.
"This new funding will enable us to continue to connect with new members and grow our base, and support that growth with operations," CEO and cofounder Michael Dubin said in a statement. "It will also allow us to continue product innovation as we continue our march toward owning the men’s bathroom."
In the past three years, Dollar Shave Club has revolutionized the men’s grooming industry by delivering cost-effective alternatives to store bought razors. In May they were featured in CNBC’s Disruptor 50 List.
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