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Queenly

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uuid0002ztk

Namestring
Queenly
Legal namestring
Grit Brokerage
Websiteurl
queenly.com
Company typeenum
Private
Founded yearint
2019
Descriptiontext

Queenly is a San Francisco-based, privately held online marketplace focused on formalwear, founded in 2019. The platform connects buyers and sellers of formal dresses and related occasionwear, positioning itself within a vertical that is typically underserved by generalist fashion marketplaces. The company is led by CEO and co-founder Trisha Bantigue alongside co-founder and CTO Kathy Zhou.

The company has raised approximately $9.4 million in disclosed equity funding across three priced rounds from 2019 to 2021, with The House Fund leading the pre-seed, Dragon Capital leading the seed (with participation from Y Combinator, Harvard Management Company, Alumni Ventures, NextView Ventures, and others), and Andreessen Horowitz leading the Series A. In 2022 Queenly acquired Mi Padrino, signaling inorganic expansion within the formalwear and event-commerce vertical, and in 2024 the company received support from Google for Startups. Headcount is reported in the 11–50 range.

The business model and core technology are not publicly disclosed. As a two-sided marketplace, Queenly's revenue mechanics are presumed to derive from marketplace take-rates on transactions between formalwear buyers and sellers, but no disclosed pricing model, GMV, or revenue figures are present in the source data. No AI/ML capabilities, integrations, or product feature details are disclosed, and customer logos or enterprise contracts are not referenced, leaving concentration and revenue scale unverified.

Short descriptiontext

Queenly is a San Francisco-based online marketplace for formalwear, founded in 2019, connecting buyers and sellers of dresses and occasionwear. It is backed by Andreessen Horowitz, Y Combinator, and Harvard Management Company.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersSan Francisco, United States
HQ citystring
San Francisco
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
formalwear marketplace, prom dress marketplace, occasion wear resale, evening gown ecommerce, peer-to-peer fashion
Industry3 codes
1Fashion & Accessories Marketplaces
CodeCRAFABAAPrimaryYes
2Luxury Bridal & Occasionwear
CodeCRAAAFAIPrimaryNo
3Bridal & Wedding Party Styling (Attire, Hair/Makeup Coordination)
CodeHSACABAFPrimaryNo
NAICS code3 codes
  • Clothing and Clothing Accessories Retailers45811
  • Clothing and Clothing Accessories Retailers458110
  • Formal Wear and Costume Rental532281
SIC code2 codes
  • Retail-Apparel & Accessory Stores5600
  • Retail-Women's Clothing Stores5621
Product category
Formalwear Marketplace
Social media profiles3 records
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Technology or R&D, Marketing or Sales, Personnel, Operations
GTM typeB2C
B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Core offering1 text field

Queenly operates an online marketplace dedicated to formalwear, facilitating the buying and selling of prom dresses, evening gowns, and other special-occasion attire. The platform connects individual buyers with sellers of formal dresses, providing a dedicated transaction venue for a category typically underserved by mainstream e-commerce.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Queenly Marketplace
CategoryOnline Marketplace
Description

An online peer-to-peer and boutique marketplace where individuals and resellers list and purchase new and pre-owned formalwear (prom dresses, evening gowns, special-occasion dresses). Targets consumers seeking formalwear for events such as prom, galas, and weddings.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
1Nearly Newlywed
TypeDirect peer
Description

Online marketplace for preowned wedding gowns and bridal accessories; directly comparable to Queenly in bridal occasionwear resale, serving brides seeking discounted designer gowns.

2Borrowing Magnolia
TypeEmerging player
Description

Bridal gown rental and resale platform; a niche but directly comparable peer serving brides seeking formalwear alternatives to traditional retail or full-price purchase.

3The Black Tux
TypeDirect peer
Description

Online tuxedo and formalwear rental marketplace; directly competes with Queenly in the digital formalwear category, particularly for weddings, galas, and black-tie events where buyers and renters seek alternatives to traditional retailers.

4Rent the Runway
TypeDirect peer
Description

Subscription and on-demand rental service for designer dresses and formalwear; competes directly for occasion-wear occasions (weddings, galas, proms) and shares Queenly's marketplace/aggregator DNA for special-event apparel.

5Stillwhite
TypeDirect peer
Description

Global peer-to-peer marketplace for new and preowned wedding dresses; a direct comparable given Queenly's bridal and formalwear resale orientation, with similar marketplace mechanics and target customer.

6Poshmark
TypeBroad incumbent
Description

Large social commerce marketplace for new and secondhand fashion; competes for any occasion-wear listings and buyers while offering Queenly a comparable marketplace operating model at much greater scale.

7ThredUp
TypeBroad incumbent
Description

Public secondhand fashion marketplace and resale-as-a-service operator; overlaps with Queenly in secondhand occasionwear while representing a broader apparel resale play with stronger infrastructure and capital.

8Tradesy
TypeDirect peer
Description

Peer-to-peer marketplace for preowned designer fashion and accessories; directly comparable marketplace model and target buyer (occasion-driven luxury shoppers) to Queenly's formalwear focus.

9Vinted
TypeBroad incumbent
Description

Major European-headquartered peer-to-peer fashion resale marketplace; a broad competitor that pulls secondhand occasionwear supply/buyers and shares Queenly's community-driven marketplace mechanics.

10Depop
TypeEmerging player
Description

Social-first peer-to-peer fashion resale marketplace owned by Etsy; a comparable marketplace for secondhand and occasionwear, especially among younger demographics (prom, graduation, formal events).

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors12 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Queenly

Formalwear Marketplacequeenly.com

Queenly is a San Francisco-based online marketplace for formalwear, founded in 2019, connecting buyers and sellers of dresses and occasionwear. It is backed by Andreessen Horowitz, Y Combinator, and Harvard Management Company.

What Queenly does

Queenly is a San Francisco-based, privately held online marketplace focused on formalwear, founded in 2019. The platform connects buyers and sellers of formal dresses and related occasionwear, positioning itself within a vertical that is typically underserved by generalist fashion marketplaces. The company is led by CEO and co-founder Trisha Bantigue alongside co-founder and CTO Kathy Zhou.

The company has raised approximately $9.4 million in disclosed equity funding across three priced rounds from 2019 to 2021, with The House Fund leading the pre-seed, Dragon Capital leading the seed (with participation from Y Combinator, Harvard Management Company, Alumni Ventures, NextView Ventures, and others), and Andreessen Horowitz leading the Series A. In 2022 Queenly acquired Mi Padrino, signaling inorganic expansion within the formalwear and event-commerce vertical, and in 2024 the company received support from Google for Startups. Headcount is reported in the 11–50 range.

The business model and core technology are not publicly disclosed. As a two-sided marketplace, Queenly's revenue mechanics are presumed to derive from marketplace take-rates on transactions between formalwear buyers and sellers, but no disclosed pricing model, GMV, or revenue figures are present in the source data. No AI/ML capabilities, integrations, or product feature details are disclosed, and customer logos or enterprise contracts are not referenced, leaving concentration and revenue scale unverified.

Queenly firmographics

Firmographics
Name
Queenly
Legal name
Grit Brokerage
Website
https://queenly.com
Company type
Private
Founded year
2019
Operating status
Operating
Headcount range
11–50 employees
Short description
Queenly is a San Francisco-based online marketplace for formalwear, founded in 2019, connecting buyers and sellers of dresses and occasionwear. It is backed by Andreessen Horowitz, Y Combinator, and Harvard Management Company.
Ownership category
akta.pro rank

Queenly industry classification

Industry
Product category
Formalwear Marketplace
NAICS
Clothing and Clothing Accessories Retailers (45811), Clothing and Clothing Accessories Retailers (458110), Formal Wear and Costume Rental (532281)
SIC
Retail-Apparel & Accessory Stores (5600), Retail-Women's Clothing Stores (5621)
akta.pro primary industry
Fashion & Accessories Marketplaces (CRAFABAA)
akta.pro secondary industries
Luxury Bridal & Occasionwear (CRAAAFAI), Bridal & Wedding Party Styling (Attire, Hair/Makeup Coordination) (HSACABAF)

Keywords

  • Formalwear marketplace
  • Prom dress marketplace
  • Occasion wear resale
  • Evening gown ecommerce
  • Peer-to-peer fashion

Where Queenly is headquartered

Location

Headquarters

HQ city
San Francisco
HQ country
United States
HQ region
North America

Markets served

Queenly business model

Business model
GTM type
B2C
Offering type
Digital Commerce or Content
Cost components
Technology or R&D, Marketing or Sales, Personnel, Operations

Distribution channels1 record

Marketing channels6 records

Queenly product offering

Product offering

Core offering

Queenly operates an online marketplace dedicated to formalwear, facilitating the buying and selling of prom dresses, evening gowns, and other special-occasion attire. The platform connects individual buyers with sellers of formal dresses, providing a dedicated transaction venue for a category typically underserved by mainstream e-commerce.

Differentiator

Problem solved

Functional benefit

Products and services

  • Queenly Marketplace An online peer-to-peer and boutique marketplace where individuals and resellers list and purchase new and pre-owned formalwear (prom dresses, evening gowns, special-occasion dresses). Targets consumers seeking formalwear for events such as prom, galas, and weddings.

Companies that use Queenly

Customer profile

Ideal customer profiles2 records

Queenly technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Queenly partnerships and signals

Strategic signal

Recent moves5 records

Expansion highlights3 records

Queenly competitors and assessment

Company assessment

Direct peers

  • Nearly Newlywed: Online marketplace for preowned wedding gowns and bridal accessories; directly comparable to Queenly in bridal occasionwear resale, serving brides seeking discounted designer gowns.
  • The Black Tux: Online tuxedo and formalwear rental marketplace; directly competes with Queenly in the digital formalwear category, particularly for weddings, galas, and black-tie events where buyers and renters seek alternatives to traditional retailers.
  • Rent the Runway: Subscription and on-demand rental service for designer dresses and formalwear; competes directly for occasion-wear occasions (weddings, galas, proms) and shares Queenly's marketplace/aggregator DNA for special-event apparel.
  • Stillwhite: Global peer-to-peer marketplace for new and preowned wedding dresses; a direct comparable given Queenly's bridal and formalwear resale orientation, with similar marketplace mechanics and target customer.
  • Tradesy: Peer-to-peer marketplace for preowned designer fashion and accessories; directly comparable marketplace model and target buyer (occasion-driven luxury shoppers) to Queenly's formalwear focus.

Emerging players

  • Borrowing Magnolia: Bridal gown rental and resale platform; a niche but directly comparable peer serving brides seeking formalwear alternatives to traditional retail or full-price purchase.
  • Depop: Social-first peer-to-peer fashion resale marketplace owned by Etsy; a comparable marketplace for secondhand and occasionwear, especially among younger demographics (prom, graduation, formal events).

Broad incumbents

  • Poshmark: Large social commerce marketplace for new and secondhand fashion; competes for any occasion-wear listings and buyers while offering Queenly a comparable marketplace operating model at much greater scale.
  • ThredUp: Public secondhand fashion marketplace and resale-as-a-service operator; overlaps with Queenly in secondhand occasionwear while representing a broader apparel resale play with stronger infrastructure and capital.
  • Vinted: Major European-headquartered peer-to-peer fashion resale marketplace; a broad competitor that pulls secondhand occasionwear supply/buyers and shares Queenly's community-driven marketplace mechanics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Queenly social profiles

Digital presence

Queenly financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Queenly leadership team

Management profile

Number of profiles

Profiles2 records

Queenly funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Queenly M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Queenly

What does Queenly do?

Queenly operates an online marketplace dedicated to formalwear, facilitating the buying and selling of prom dresses, evening gowns, and other special-occasion attire. The platform connects individual buyers with sellers of formal dresses, providing a dedicated transaction venue for a category typically underserved by mainstream e-commerce.

Is Queenly a public or private company?

Queenly is a private company. It is classified as venture growth investor backed and is currently operating.

When was Queenly founded?

Queenly was founded in 2019. It employs 11 to 50 people.

Where is Queenly based?

Queenly is headquartered in San Francisco, United States, in the North America region.

Who are Queenly's main competitors?

Direct peers on record are Nearly Newlywed, The Black Tux, Rent the Runway, Stillwhite and Tradesy. Emerging players are Borrowing Magnolia and Depop. Broad incumbents are Poshmark, ThredUp and Vinted.

Does Queenly have an API?

No public API is recorded for Queenly.

What industry is Queenly in?

Queenly's product category is Formalwear Marketplace. Its primary akta.pro industry code is CRAFABAA, Fashion & Accessories Marketplaces, with a secondary code of CRAAAFAI, Luxury Bridal & Occasionwear. Its NAICS code is 45811 and its SIC code is 5600.

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Live signals
TechCrunchFormalwear-focused Queenly makes first acquisition after posting rapid early-2022 growthQueenly, a startup focused on the formalwear marketplace, has acquired Mi Padrino, which caters to the quinceañera market. This acquisition, reflecting Queenly's rapid growth—doubling its business from Q4 2021 to Q1 2022—was completed within a few weeks after initial discussions about the sale. The move aims to enhance Queenly's offerings and brand strength in the formalwear space as it focuses on expanding its market presence.PR NewswireLeading Marketplace for Formalwear, Queenly, Establishes Momentum Expanding InventoryQueenly announced the acquisition of Mi Padrino, a marketplace and event planning platform focused on quinceañeras and weddings within the Latinx community. This strategic move allows Queenly to expand its formalwear inventory by gaining access to 115,000 users and over 350 vendors as Mi Padrino folds into the parent company.TechCrunchFormalwear-focused Queenly makes first acquisition after posting rapid early-2022 growthQueenly, a formalwear marketplace startup that has grown its business by approximately 100% each quarter from Q4 2021 through Q2 2022, has acquired Mi Padrino, a company serving the quinceañera market, in its first acquisition despite its relatively young corporate age. The deal, whose terms were not disclosed, primarily involved Mi Padrino's dress-focused business, brand, and content library, with Queenly leaving behind the DJ and photographer recommendation services. The acquisition gives Queenly deeper access to the formalwear market serving Hispanic communities and supports its strategy to maintain growth momentum, with resale currently accounting for 75% of Queenly's transactions.PR NewswireMiss USA & Queenly Announce First of its Kind PartnershipMiss USA and Queenly announced a partnership to facilitate the resale of pageant and formal wear, giving contestants easier access to Queenly's marketplace. The collaboration includes social media campaigns, promotional codes for contestants, and VIP seating at upcoming pageant events. This initiative aims to support female empowerment by allowing users to buy and sell dresses previously worn by beauty queens.FinSMEsQueenly Raises $6.3M in FundingSan Francisco-based formalwear marketplace and search engine Queenly raised $6.3 million in a round led by Andreessen Horowitz, bringing total funding to $7.1 million. The company, founded in 2019 by Trisha Bantigue and Kathy Zhou, has over 125,000 users, 60,000+ dresses listed and $15 million in inventory. Funds will support hiring and scaling engineering features.PR NewswireQueenly Raises $6.3M in Funding Led by Andreessen HorowitzQueenly announced the closing of a $6.3 million funding round led by Andreessen Horowitz, bringing its total capital raised to $7.1 million. The company leverages proprietary machine learning and computer vision technologies to operate as a marketplace and search engine for the formalwear industry in North America. This investment is intended to support team expansion and scale engineering operations to meet growing demand.VC News DailyQueenly Raises $6.3M in FundingQueenly, a marketplace and search engine for the formalwear industry, has raised $6.3 million in funding led by Andreessen Horowitz, bringing its total funding to date to $7.1 million. Founded in 2019, the company provides a personalized resale marketplace combined with small-business sales tools and data analytics for the formalwear sector. Existing investors in the company include Y Combinator, The House Fund, Interlace Ventures, Dragon Capital, NextView Ventures, MyAsiaVC, and Shakti Venture Capital.TechCrunchQueenly raises $2.3M for its dress marketplaceQueenly, a Y Combinator-backed marketplace for reselling women's formal wear, has closed a $2.262 million seed funding round led by investors including Dragon Capital and Brightlane Ventures. The company plans to expand its staff from two to six full-time employees to support sustainable growth and enhance its quality control processes. This investment follows an earlier pre-seed raise and marks a strategic move to scale operations in the offline formalwear resale market.TechCrunchYC-backed Queenly launches a marketplace for formalwearQueenly, a Y Combinator-backed marketplace for formal dresses and gowns, has launched its platform with $500,000 in sales last year and over 100,000 weekly website visitors. The Bay Area startup has raised $800,000 in seed funding from investors including former executives from Stitch Fix, Uber, and Walmart.com. The co-founders aim to position Queenly as the "StockX for formalwear," differentiating through an algorithm that offers detailed search filters including skin-tone options, with plans to onboard boutique stores and dress designers onto the platform.