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SSENSE Receives Minority Investment From Sequoia Capital

06.09.21

The Firm is representing SSENSE in connection with a minority investment from Sequoia Capital, the first round of external funding in the company’s 18-year history, giving the company a post-money enterprise value of more than CAD$5 billion.

SSENSE, headquartered in Montreal, is a global technology platform operating at the intersection of culture, community and commerce, featuring a mix of established and emerging luxury brands across womenswear, menswear, kidswear and Everything ElseTM. SSENSE is both an e-commerce engine and a producer of cultural content, and generates an average of 100 million monthly page views.

The Simpson Thacher team includes Ryerson Symons, Jakob Rendtorff, Heesu Kim, Rex Hupy and Jule Walsh (M&A); Dan Webb (Capital Markets); Lori Lesser and Alysha Sekhon (IP); Sophie Staples (Tax); Andrew Blau and Pasco Struhs (Executive Compensation and Employee Benefits); and Sara Razi, Kelly Karapetyan and Christine Tillema (Antitrust).