Tuesday, March 13, 2018

JH Partners Enables Draper James Series B Financing


Based in the San Francisco Bay Area, JH Partners has extensive operating experience in diverse consumer markets. One of JH Partners’ successful investments is in Draper James, a line of clothing, accessories, and home decor that “emphasizes Southern roots and personal style.” JH Partners invested in the founding of Draper James and participated in a successful second round of financing that totaled $10 million.

With Academy Award-winning actress Reese Witherspoon as cofounder, Draper James is known for quality lifestyle products. The brand has steadily expanded sales across the United States and throughout 15 other countries.

The $10-million second round of financing (also called Series B financing), raised only a few months after the company launch, was essential in enabling Draper James to expand its retail and wholesale product offerings and broaden its global reach. In addition to JH Partners, the Series B financing included investments from Forerunner Ventures and Stone Canyon Industries.

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