Razor Startup Harry’s Raises $75 Million, Pushing It Over $200 Million.

Razor Startup Harry’s Raises $75 Million, Pushing It Over $200 Million.

Jason Del Rey:

In January, Harry’s, an online seller of razors with fancy handles that was just 10 months old, bought a German factory with $100 million of a $122 million investment round. That was rare.

Today, it is announcing that it has raised another $75 million, in large part to expand its manufacturing capacity and buy new equipment for a new production hall and new machinery to help it test and create new products. This is rare, too.

I’m a recent convert to Harry’s, and so far I’m very pleased with the service. Quality good, conveniently delivered, all while being cheaper than the well-established competition.