The Black Tux Stock
Suit Rental Service
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About The Black Tux Stock
The Black Tux was founded in 2012 in Santa Monica, CA by Andrew Blackmon and Patrick Coyne (Co-CEOs) to provide the best quality product on the rental market, with an exceptional fit, a seamless experience, and at a better price. The Company designs and manufactures its own line of formalwear and provides door-to-door delivery to customers across the contiguous U.S. Since its founding, the Company has experienced rapid growth nearly entirely from word-of-mouth referrals and other organic channels. The Black Tux is a leading online provider of mens tuxedo and formalwear rentals in the U.S. launched in 2013, The Black Tux is the first suit and tux rental service that doesnt feel like one. With its vertically integrated model, the Company sources, designs and manufactures its own product using premium materials and provides a seamless ordering experience with door-to-door delivery and pickup.
Investors
BoxGroup
Scopely, Dataminr, Zipline, Plaid, Workrise, Bowery Farming, Blue Apron, Guideline, VTS, Boxed
First Round Capital
Flexport, AppNexus, Bowery Farming, Goat Group, Blue Apron, SingleStore, DoubleVerify, Clover Health, Fab, Roblox
Founder Collective
SeatGeek, BuzzFeed, Shield AI, Omada Health, WHOOP, Socure, Andela, Formlabs, Optimizely, Pantheon
Menlo Ventures
Uber, Chime, Machine Zone, Getaround, BitSight, Recursion Pharmaceuticals, Outreach, Benchling, Synthego, Abnormal Security
Raine Ventures
DraftKings, Yieldstreet, Tastemade, The Black Tux, cheddar, WITHIN (VR/AR), Globality
RRE Ventures
Avant, Bolt Financial, Collective Health, Noom, Bowery Farming, BuzzFeed, Knock, VTS, Wag!, Moda Operandi
Funding History
| February 2014 | $2.6M |
|---|---|
| January 2015 | $10.0M |
| September 2015 | $20.0M |
| March 2018 | $30.0M |
Management
Co-Founder & CO-Chief Executive Officer
Patrick Coyne
Co-Founder & Co-CEO
Andrew Blackmon
Press
mediapost - Mar, 13 2023
Black Tux Adds Wedding Bands To Product Mixstartuparound - Jan, 14 2021
Startup Guide Los Angeles: how ‘Silicon Beach’ is a hub of creativity, diversity, and techbuiltinla - Mar, 6 2020
‘Culture Fit’ Isn’t a Buzzword at The Black Tuxbusinessinsider - Oct, 9 2019
11 US cities where moving in together could save you the most moneybusinessinsider - Oct, 9 2019
19 US cities where moving in together won't save you much money at allmlive - Aug, 6 2019
Full beards are the most popular beard style in Michigan, report saysjsonline - Jul, 25 2019
More gifts, please! Wisconsin wedding registries are among the priciest in the countrydigiday - Apr, 23 2019
Amazon is pulling the plug on hybrid sellingNew York Times - Apr, 16 2019
Why Grooms Are Hanging Up the Traditional Tuxedobuiltinla - Mar, 7 2019
Challenge accepted: 7 LA tech companies on the verge of something bignypost - Mar, 2 2019
This is the most expensive city to go on a date in Americabuiltinla - Jan, 27 2019
LA Founders & Creators Featuring The Black Tux, Fernish & DogDropventurebeat - Nov, 8 2018
CrossCut Ventures announces $125 million fund targeting L.A. startupsxconomy - Oct, 30 2018
Stantt CEO Thinks Its Approach to Selling Men’s Wear Fits Just Rightalleywatch - Sep, 8 2018
This NYC Startup Just Raised $5M to Kickstart Plant Parenthood in NYCprweb - Aug, 8 2018
Introducing Hitched, A Smarter Way To Shop For Men’s Wedding BandsGlossy - Jun, 7 2018
How The Black Tux is Gaining Ground in the Formal-Menswear Rental IndustryGeekDad (blog) - Apr, 12 2017
A Wild Black Tie Event Appears! Visit The Black Tux to Defeat Itbusinessinsider - Apr, 11 2017
Consumers have a new attitude about fashion -- and it should terrify H&M, Forever 21, and Zarabusinessinsider - Apr, 7 2017
Consumers have a new attitude about fashion — and it should terrify H&M, Forever 21, and Zarabuiltinla - Mar, 29 2017
Tech roundup: Machinima names new CEO, Robert Downey Jr. makes an investment and morePR Newswire (press release) - Mar, 27 2017
The Black Tux to Launch Formal Wear Rental Shops at NordstromThe Business of Fashion - Mar, 23 2017
News Bites | Michael Kors' New Smartwatches, Nordstrom and The Black Tux, Copenhagen Fashion Summitstrictlyvc - Feb, 17 2017
StrictlyVC: September 9, 2015Fast Company - Jan, 27 2017
The Secret To A Perfectly Tailored Suit? For The Black Tux, It's Machine LearningTechCrunch - Oct, 28 2016
Does Gillette know your name?chicagobusiness - Apr, 11 2016
New in Chicago A way to organize those tangled computer cordsventurebeat - Sep, 29 2015
25 hot Los Angeles startups you need to watchfastcompany - May, 21 2015
Never Rent An Ugly Tux Again: These Startups Want To Disrupt Men's WearhouseEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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