Swimwear company secures $18.5M Series B round led by Jay Z’s venture firm

December 15, 2021

Swimwear brand Andie has announced an $18.5 million Series B funding round led by Jay-Z’s investment firm Marcy Venture Partners.

The company said it plans to use the funds to continue to expand its omnichannel distribution and its international presence as well as its executive team, and that it will launch a loungewear category next year following its successful entry into the intimates category earlier this year. Biz Journals