The Black Tux is a company.
The Black Tux has raised $68.0M across 4 funding rounds.
Key people at The Black Tux.
The Black Tux has raised $68.0M in total across 4 funding rounds.
The Black Tux has raised $68.0M in total across 4 funding rounds.
The Black Tux's investors include ACME Capital, Catapult Capital, Celesta, Founders Circle Capital, Greycroft, Investus Capital Partners, K2 Global, Mayfield, NextView Ventures, Hans Tung, Owl Rock Capital Partners, Raine Ventures.
Key people at The Black Tux.
The Black Tux is a premium menswear company specializing in tailored formalwear, offering online suit and tuxedo rentals and purchases for events like weddings, proms, and black-tie occasions.[1][2][4] It serves men seeking high-quality, convenient alternatives to traditional rentals, solving pain points like poor fit, outdated styles, and in-person hassles through an online platform with home delivery, customization, and premium fabrics from luxury mills.[1][2][5] Founded in 2013, the company has dressed nearly 2 million people, expanded from pure rentals to retail options and menswear staples, and now includes flagship stores and Nordstrom partnerships for in-person service.[2][3][4]
The Black Tux was founded in 2013 in Santa Monica, California, by Andrew Blackmon (current CEO) and Patrick Coyne, who were frustrated by uncomfortable, uninspired rental tuxedos from traditional outlets.[1][2][3] Blackmon and Coyne envisioned transforming formalwear rentals into a celebratory experience with retail-quality fit and convenience, starting fully online to address fit issues, style limitations, and logistical headaches.[1][2] Early traction came from this digital-first approach, evolving into a broader menswear brand with rentals, purchases, accessories, and physical locations, while maintaining a mission to build confidence for life's key moments.[2][3][4]
The Black Tux rides the digital transformation of retail, particularly in e-commerce for experiential categories like formalwear, where online customization and delivery disrupt brick-and-mortar rentals amid rising demand for convenience post-pandemic.[1][2] Timing aligns with hybrid shopping trends—online for speed, in-store for touch—and growing menswear market fueled by weddings rebounding and social events.[3][4] It influences the ecosystem by pioneering DTC formalwear, educating consumers on style, and blending tech-enabled fit tools with premium craftsmanship, paving the way for scalable, customer-obsessed apparel brands.[1][2]
The Black Tux is poised for national expansion, targeting ubiquitous U.S. access via online scalability and more physical locations without long drives, building on 2 million customers and rental-to-retail growth.[3] Trends like AI-driven personalization, sustainable fabrics, and omnichannel retail will shape its path, potentially amplifying influence through accessories or women's lines while deepening event partnerships.[2][4] As formalwear evolves toward versatile, feel-good staples, The Black Tux's focus on confidence-building experiences positions it to redefine how people dress for meaningful moments, sustaining momentum in a convenience-first world.[1][2]
The Black Tux has raised $68.0M across 4 funding rounds. Most recently, it raised $30.0M Series C in March 2018.
