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Reformation

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Sustainable women's fashion brand selling clothing online and in stores

Vernon, United StatesFounded 2009Fashion
Valuation $500M–1B Last recorded · 2026
Revenue $500M–1B Latest reported FY
Headcount 1–2k Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Reformation and the history behind them.

About Reformation

Reformation is a sustainable fashion brand based in Los Angeles, California. Founded in 2009 by Yael Aflalo, the company designs and sells women's clothing, shoes and accessories online and through its own stores across the United States, the United Kingdom and France. Reformation operates its own factory in Vernon, California, where a large share of its garments are made, and uses eco-friendly fabrics and processes to limit the environmental impact of each product, publishing the environmental footprint of many of its designs. Majority backed by private equity firm Permira since 2019, the company listed on the New York Stock Exchange in July 2026.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2009
Headquarters
Vernon, United States
Employees
1,265
Open positions
91
Dealroom signal
88.8/100
Industry
Fashion
Sub-industry
Apparel
Sector
Fashion, Retail, Direct-to-Consumer, Sustainable Development Goals, Climate Tech, Circular Economy
Business model
Manufacturing
Client focus
b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
IPO✓Exit Jul 2026 $0 — Undisclosed ↗
ACQUISITION✓Exit Jul 2019 $0 — Permira —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMargin
2026
2025
2024
2023 —
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Growth signals

Reformation website traffic

Latest recorded traffic for Reformation is 6.9M monthly website visits, down 4.2% over the last three months. Reformation's team grew 9.7% over the past year.

Latest monthly visits6.9M 3-month web change-4.2% 1-year team growth+9.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • 14W
  • Stripes
  • Karlie Kloss
  • Andrew S. Rosen

Other known investors2 additional known investors

Team profiled 35 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
19 countries with
team presence
🇺🇸 United States86.4%
🇬🇧 United Kingdom6.6%
🇨🇦 Canada2.6%
🇫🇷 France1.8%
🇪🇸 Spain0.6%
Top 5 of 19 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Reformation on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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