Frank & Oak Raises $5 Million for Second Attempt at Men’s Clothing Site

Frank & Oak, an online membership site for men that offers a selection of clothes every month, has raised $5 million. The first round was led by Lightbank, the VC firm started by Groupon co-founders Eric Lefkofsky and Brad Keywell. Other investors include BDM, Rho Ventures Canada and Real Ventures. The business derives from a now-defunct company called Modasuite, which was started two years ago and provided custom clothing for men.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus