Los Angeles – September 26, 2014 – Cooley LLP advised Dollar Shave Club on its $50 million Series C preferred stock financing. Dollar Shave Club, based in Venice, California, is a membership-based company that delivers men's shaving and other personal grooming products on a monthly subscription basis to more than one million active subscribers.
Technology Crossover Ventures led the financing round. Other Dollar Shave Club investors have included Comcast Ventures, Forerunner Ventures, Pritzker Group Venture Capital, Science Media and Venrock.
The Cooley team advising Dollar Shave Club was led by partner Dave Young and included associates Didier Diels and Philip Castro.
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