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Female-Led Rockets Of Awesome Raises $19.5M Series C With Foot Locker Leading The Way

, which operates a clothing subscription service and e-commerce site for kids, is the latest recipient of funding from

New York-based Rockets of Awesome announced today that it has raised a $19.5 million Series C, with the shoe retailer contributing a $12.5 million 鈥渕inority investment.鈥 The round, which also included participation from existing backers , , 听brings the company鈥檚 total funding raised to since its inception in 2016. Actress also previously invested in the company.听

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Foot Locker said the investment and related partnership with the startup will help it 鈥渆nhance its commitment to the kids鈥 apparel segment, while further diversifying its customer base and expanding its product offerings.鈥

As part of the investment, Kids Foot Locker will create physical locations that will sell Rockets of Awesome products, which had thus far been only available online. Rockets of Awesome merchandise will also be available on kidsfootlocker.com.

Rockets of Awesome Founder and CEO听听(pictured below) told 附近上门 News that the money will also go toward opening the company’s “first standalone retail location.”听

“We鈥檝e strategically waited for the perfect moment to enter this stage of our journey and are thrilled to enter a partnership with Foot Locker to leverage their years of expertise in retail..so that we can continue scaling at an exceptionally fast rate,” she wrote via email. “We are very excited to learn from them as we build out our own experience.”

Blumenthal told 附近上门 News that the concept for the company was born out of a previous business endeavor called that offered curated product recommendations and personal shopping services for baby products.

“It was then that I started to identify where the biggest pain points were for moms shopping for their kids and ultimately realized that no one was catering to their clothing needs,” she wrote via email. “I wanted to provide a modern solution for busy moms, which ultimately led to the idea of a curated, automated service focused on children鈥檚 apparel.”

Foot Locker Chairman and CEO Richard Johnson said the investment and partnership is part of his company’s efforts to evolve “with the ever-changing retail landscape” and adjust “to the speed” of its customers.

鈥淩ockets of Awesome is advancing the way parents shop for their kids,” he said in a written statement. “We look forward to collaborating with (Rockets of Awesome) on brand development, product collections, and go-to-market plans to help realize additional growth for both companies.鈥

As mentioned above, the deal is the latest in a flurry of startup investments by Foot Locker. 听Earlier this month, we covered how Culver City-based , a fast-growing marketplace for high-end sneakers, had raised $100 million from the retail chain. That deal was also part of a broader plan for the two retailers to combine efforts across digital and physical platforms. Foot Locker also recently put money into women鈥檚 activewear brand , children鈥檚 lifestyle brand , and footwear design academy .

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