BREAKING ANINE BING crosses the $100M revenue threshold FOUNDED 2012 in a Silver Lake garage $34.5M raised from Index Ventures, Greycroft & Felix Capital Scandinavian minimalism, American energy Targeting 41 stores worldwide with new entries in China Paris design studio named a second headquarters
COMPANY PROFILE FASHION & RETAIL EST. 2012 · LOS ANGELES

ANINE BING

The garage-born fashion house that turned timeless into a global, direct-to-consumer business.

2012Founded
~250Employees
$34.5MRaised
30+Global stores
ANINE BING logo

ANINE BING — the wordmark, in the brand's signature white-on-black. Founded by Anine & Nicolai Bing, Los Angeles, 2012.


A brand built on the pieces you keep

In 2012, a Danish model named Anine Bing and her husband Nicolai relocated from Denmark to Southern California and started a fashion label out of their garage in the Silver Lake neighborhood of Los Angeles. There was no factory, no wholesale account, no retail experience - just a point of view and an Instagram account that Anine had joined early, in 2010.

The first collection was small and deliberate: a leather jacket, a silk cami, and the perfect pair of skinny jeans. The idea was not to chase seasons but to make the wardrobe building blocks women actually reach for - garments grounded in Scandinavian simplicity and delivered with what the founders like to call American energy. More than a decade later, that narrow, disciplined bet has grown into a sizable global fashion business.

What makes ANINE BING worth studying is not just the aesthetic. It is the model. The company was digitally native before that was a category, using a highly engaged social following and immediate, buy-now-wear-now fulfillment to sell directly to customers - and it attracted venture capital in an industry that usually runs on department-store margins.

Timeless wardrobe building blocks grounded in Scandinavian simplicity with American energy. The ANINE BING founding brief

Elevated basics, sold direct

The Product

Timeless, not trend-driven

ANINE BING designs modern wardrobe essentials for women - leather jackets and outerwear, denim, cashmere and knitwear, dresses, jewelry, handbags, footwear and fragrance. The through-line is longevity: pieces meant to outlast a season rather than define one. When a product does not expire, neither does the customer relationship.

The Customer

Style-conscious, digital-first women

The core audience is women roughly 25 to 45 who want an accessible-luxury look - elevated, confident, easy to repeat. They discover the brand through social media, buy online worldwide, and increasingly walk into its stores in the US, Europe, Australia, Canada and Asia.

2012Garage launch, LA
$100M+Revenue threshold crossed
41Store target
2 HQsLos Angeles & Paris

Closing the gap between wanting and having

Traditional fashion runs on a delay. Collections are shown months before they reach stores, and brands depend on wholesale gatekeepers to reach shoppers. ANINE BING collapsed that gap. By owning its audience and its storefront, the brand can move from a customer seeing something to owning it with far less friction - the buy-now, wear-now approach that built loyalty on immediacy and consistency.

How it's different

An owned audience is the moat

Where many labels rent attention through wholesale and paid media, ANINE BING built a direct relationship with its customers. That owned audience - and the data behind it - is difficult for competitors to replicate and compounds over time.

The tension it manages

Restraint meets reach

The design language whispers: muted palettes, clean lines, quiet confidence. The go-to-market does not. Relentless, recognizable storytelling across every channel gives a minimalist product an outsized cultural presence.

The label began as a small collection of everyday staples - a leather jacket, a silk cami, and the perfect pair of skinny jeans. On the first ANINE BING collection

A decade of compounding

Exact private figures are not disclosed, but public reporting sketches a clear trajectory: doubling revenue year over year in the growth phase, then crossing the $100M mark. The chart below is an approximate illustration based on reported milestones, not audited financials.

Approximate revenue trajectory

Illustrative · based on public reporting
2014
early
2018
Series A
2021
scaling
2024
~30 stores
2025
$100M+

Figures approximate. ANINE BING is privately held and does not publish detailed financials.

The range

Signature

Leather & outerwear

Jackets, coats and blazers - the pieces the brand is known for and that anchor every collection.

Core

Denim

Jeans and denim coordinates, one of the original founding categories.

Everyday

Knitwear & basics

Cashmere sweaters, t-shirts, sweatshirts and the elevated basics that repeat across wardrobes.

Accessories

Jewelry

Fine and fashion jewelry, including capsule collaborations such as ANINE BING x MVB.

Growth

Handbags & leather goods

An expanding focus, developed through a dedicated Paris design studio.

Lifestyle

Footwear & fragrance

Shoes, boots and a signature fragrance extending the brand into full lifestyle territory.

From garage to global

'12

Founded in a Silver Lake garage

Anine and Nicolai Bing launch ANINE BING in Los Angeles with a small collection of wardrobe staples.

'15

Category expansion

The line broadens into jewelry and accessories as the brand's social following grows.

'18

$15M Series A

Closed a round led equally by Index Ventures, Greycroft Partners and Felix Capital.

'19

Additional venture financing

Further funding brings total capital raised to roughly $34.5M.

'23

Los Angeles flagship

Opens an L.A. flagship and deepens its investment in physical retail.

'24

~30 stores worldwide

Sets a three-year plan to double revenue and store count globally.

'25

Global acceleration

Targets 41 stores with new entries in China and Europe, plus a Paris studio as a second HQ.

Venture money, fashion product

ANINE BING is one of the clearer examples of a digitally native fashion brand attracting institutional venture capital. The thesis: a brand with a real, owned audience can scale with the efficiency of a tech company.

RoundAmountDateLead investors
Series A$15MAug 2018Index Ventures, Greycroft Partners, Felix Capital
Venture (unspecified)$13.5MJul 2019Index Ventures, Greycroft, Felix Capital
Total raised~$34.5M

Funding details per PR Newswire, Index Ventures and Tracxn. Company is privately held.

Where it fits

ANINE BING sits in the contemporary, accessible-luxury tier of womenswear - the space between fast fashion and traditional luxury. Its edge is a founder-designer with a decade of modeling experience, a native command of social and community-building, and a vertically integrated D2C operation.

The alternative

Competitive set

It competes with contemporary and accessible-luxury labels such as Reformation, Ganni, Rag & Bone, Frame, Sézane, Toteme, AllSaints and IRO - brands courting the same design-literate customer.

The edge

Founder taste + owned audience

The unfair advantage is Anine Bing herself - a designer who was the customer first - paired with a direct relationship to shoppers that most heritage competitors have to buy back through wholesale.

Things you might not know

Origin

Born in a garage

The brand launched from the founders' garage in Silver Lake, Los Angeles.

Founder

Runway at 14

Anine Bing began modeling in Milan at age 14 and was an early Instagram adopter in 2010.

Co-founder

Catwalk Scum

Before ANINE BING, Nicolai Bing ran a vintage streetwear brand in Denmark he started at 17.

Roots

Danish-Swedish-Californian

Born in Denmark, raised in Sweden, built the brand in LA - the Scandi-meets-American DNA is literal.

Community

Mentor Moments

Anine runs private mentorship sessions for women, extending the brand into empowerment.

Expansion

Paris, the second HQ

A Paris design studio anchors the brand's push into leather goods and accessories.

Interviews & brand films

Search these on YouTube for founder interviews, brand films and product looks.

Sources: aninebing.com (Our Story), Wikipedia (Anine Bing Corp), Forbes, Fashionista, WWD, Glossy, Index Ventures and PR Newswire. Figures marked approximate reflect public reporting on a privately held company; where a detail could not be verified it has been omitted or noted as an estimate.

Frequently asked

Who founded ANINE BING?

It was founded in 2012 by Danish designer Anine Bing (Founder & Chief Creative Officer) and her husband Nicolai Bing (Founder & President) in Los Angeles.

What does ANINE BING sell?

Timeless women's wardrobe essentials including leather jackets, denim, knitwear, dresses, jewelry, handbags, footwear and fragrance.

How has ANINE BING been funded?

The brand raised about $34.5M total, including a $15M Series A in 2018 led by Index Ventures, Greycroft Partners and Felix Capital.

How big is ANINE BING?

It employs around 250 people, operates dozens of stores worldwide, and has reported crossing the $100M revenue threshold.

What makes ANINE BING different?

It is a digitally native, direct-to-consumer brand built on an owned social audience, offering timeless elevated basics that blend Scandinavian minimalism with American energy.