Stitch Fix Inc., the online personal-styling service backed by Benchmark, filed for a U.S. initial public offering.
The company filed with an initial offering size of $100 million in Class A stock, which is a placeholder typically used to calculate fees and may change, according to a filing with the U.S. Securities and Exchange Commission Thursday. While Stitch Fix currently intends to use the net proceeds for general corporate purposes, including potential acquisitions, it said it cannot be certain how it will eventually use all the money.