Frank and Oak picks up $16 million Series C

Frank and Oak picks up $16 million Series C

Frank and Oak, the direct-to-consumer clothing brand based out of Canada, is today announcing the close of a $16 million USD Series C funding round led by Caisse de dépôt et placement du Québec, with participation from Goodwater Capital and Investissement Québec.

Frank and Oak launched in 2012 offering personalized menswear, with a recommendations newsletter that let users shop without much thought and pay for only what they love. Since then, the company has expanded beyond the internet to 16 retail locations across Canada, in city centers like Toronto, Montreal, Ontario, Calgary, and Ottawa.

Frank and Oak has also gone beyond the old-fashioned newsletter, serving up AI-powered recommendations to members with a feature called Style Plan. Though the company won’t share…

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