Dollar Shave Club

Dollar Shave Club is a Venice, California-based company, that delivers razors and other personal grooming products straight to consumers by mail. The company positions itself as a cost-effective and convenient alternative to retail chains. It delivers razor blades on a monthly basis and offers additional grooming products for home delivery.

History

Dollar Shave Club was founded by Mark Levine and Michael Dubin. The pair met at a party and spoke of their frustrations with the cost of razor blades. With their own money and investments from start-up incubator Science Inc., they began operations in July 2011.

Dollar Shave Club is backed by a variety of venture capitalists. In March 2012, seed investors provided $1 million in funding from groups that included Felicis Ventures, Kleiner Perkins Caufield & Byers, Andreessen Horowitz, Shasta Ventures, and Forerunner Ventures. The same group, joined by Venrock, provided $9.8 million in series A funding in October 2012. A year later, a $12 million series B round was raised led by Venrock, Comcast Ventures, New World Investors and Battery Ventures. Amidst the fundraising announcement, Dollar Shave Club announced it would be expanding its product line to include a dozen other men’s products in 2014. In June 2015, the company secured $75 million in series D funding.

Dollar

Dollar (often represented by the peso and dollar sign $) is the name of several currencies, including those of Australia, Belize, Brunei, Canada, Hong Kong, Jamaica, Namibia, New Zealand, Singapore, Suriname, Taiwan, the United States, and previously Zimbabwe. The U.S. dollar is the official currency of East Timor, Ecuador, El Salvador, Federated States of Micronesia, Marshall Islands, Palau, the Caribbean Netherlands, and for banknotes, Panama. Generally, one dollar is divided into one hundred cents.

History

in 15 January 1520, the Kingdom of Bohemia began minting coins from silver mined locally in Joachimsthal (Czech Jáchymov). The coins were called "Joachimsthaler," which became shortened in common usage to thaler or taler. The German name "Joachimsthal" literally means "Joachim's valley" or "Joachim's dale". This name found its way into other languages: Czech tolar, Hungarian tallér, Danish and Norwegian (rigs) daler, Swedish (riks) daler, Icelandic dalur, Dutch (rijks)daalder or daler, Ethiopian ታላሪ ("talari"), Italian tallero, Polish talar, Persian dare, as well as - via Dutch - into English as dollar.

Club

Club may refer to:

Objects

Club (weapon), a blunt-force weapon

Golf club

Juggling club

Indian club, an exercise device

Throwing club, an item of sport equipment used in the club throw

Throwing club, an alternative name for a throwing stick

Software

Club (mobile app)

Food

Club (soft drink)

Club sandwich

Club Crackers

Jacob's Club, a brand owned by Jacob's

Media

Club (magazine)

Club music

Club, a Yie Ar Kung-Fu character

.club a generic top level Internet domain

Other uses

Club (organization), a type of association

Health club or fitness club

A strip club, an adult entertainment venue with partially clothed or nude dancers

A nightclub

Club (anatomy), a body part near the tail of some dinosaurs and mammals

Club set, a subset of a limit ordinal in set theory

Clubsuit, a family of combinatorial principles in set theory

A suit (cards) of playing cards

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Dollar Shave Club

History

Dollar

History

Club

Objects

Software

Food

Media

Other uses

See also