Founder of SVG. Sky leads the investment team in making investments that are strategic to Simon and its retailers, and innovates the retail industry as a whole by identifying key strategic ecosystems across the portfolio.
Sky also leads the strategic support team to help SVG's portfolio companies succeed.
SVP, Retailer Marketing
Head of Omni-Channel Retailing
Senior Director of Innovation & Customer Intelligence
Nov 20th, 2015
On-demand fashion startup Le Tote raised $15 million in Series B funding Thursday to accelerate the growth of its Netflix-style clothing service. Le Tote is on track to deliver more than two million items to customers and increase revenue 500 percent year-over-year. The company is also prepared to quadruple its workforce.
AITV led the round with participation of Lerer Hippeau Ventures, Azure Capital, Simon Venture Group, Epic Ventures and Funders Club. The Y Combinator-backed company has raised $22.55 million to date from investors such as Andreessen Horowitz, Google Ventures and Arsenal Venture Partners
Read More - Silicon Valley Business Journal
Also, article in Fortune: Le Tote Bags $15 Million for its Netflix-Style Clothing Service. Read More.
Oct 14, 2015
FabFitFun, a quarterly subscription box for women that includes 8-10+ full size products across categories of fashion, health, and entertainment. Each box is $50, and retail for $200+ in value.
Simon Venture Group will be speaking at the upcoming events
Panel: Ellie Wheeler @ Greycroft, Taylor Greene @ Lerer Hippeau Ventures, J. Skyler Fernandes @ Simon Venture Group, Frank Fazzinga, @ Grace Beauty Capital
Oct 28th: Tech Talk: The Power of Vertical Integration
Panel: J. Skyler Fernandes @ Simon Venture Group (Moderator), VP of Merchandising @ BaubleBar, CEO @ Casper, SVP @ NineWestGroup
A Light Bulb Goes On, Over the Mall. Sensity Closes $36M with Cisco, GE, Simon, Acquity.
July 20th, 2015
NY Times featured our newest portfolio company, Sensity, offering an internet-of-things network over lighting infrastructure, where multiple sensors and app can be deployed. Sensity closed $36M, led by Cisco, GE, Acuity (largest LED fixture company), and Simon Venture Group.
“Sensity becomes the foundational platform across Simon’s properties, and you can overlay that with beacon ad networks, parking tech, security tech and other types of data analytics,” said Sky Fernandes, who oversees Simon Venture Group, the company’s investment arm. “You’re able to follow and engage the user from beginning to end, which is pretty neat.”
July 20th, 2015
Simon Venture Group led SmarterHQ's $8M round, co-investing with Battery Ventures, and angels such as Scott Booth.
“We launched Simon Venture Group last year with the goal of investing in innovations that benefit our retailers in multiple ways,” said J.Skyler Fernandes, Managing Director of Simon Venture Group.
“SmarterHQ is applying technology to improve the omni-channel marketing efforts of our retailers through their real-time predictive modeling, specifically personalization and optimization. They’ve had outstanding results with their current client base showing impressive ROI and we think there is significant untapped opportunity within our space as well.”
June 24, 2015
Congrats to Simon Launch Class 1 Winners:
SKU IQ: A technology that syncs real-time inventory across in-store point of sale systems, warehouse management systems, and e-commerce platforms and marketplaces.
Applications are now being accepted for Simon Launch Class 2: Apply Now. Win an investment from Simon Venture Group and Plug & Play Ventures, free office space, auto-accepted into Plug & Play's Retail Accelerator 12 week program, and mentorship from top investors and retail industry experts. Companies will also be eligible for follow-on investments.
June 17th, 2015
J. Skyler Fernandes, Managing Director of Simon Venture Group, will be giving the keynote at Wharton Alumni Angel Network, to discuss insights on the innovations happening within physical brick and mortar retail (represents ~90% of retail sales) and ecommerce (~10% of retail sales), and how they are converging together into an omni-channel. The talk with also cover the new rise of corporate venture, what role it plays within the VC capital ecosystem, and how angel investors can engage with corporate VCs to find and help their portfolio companies. Register Here
May 19th, 2015
Watch the ICSC: Recon Live Interview with J. Skyler Fernandes, Managing Director of Simon Venture Group, discussing the future of retail. RECon 2015, the world’s largest conference for the retail real estate industry, held in Las Vegas May 17th-20th in Las Vegas.
May, 18, 2015
Here are three technologies still in the development phase that hold potential to radically disrupt retail, and even life as we know it, in the next 10 years: Quantum Computing, Self-driving Vehicles, Universal Internet. Read More.
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