The Chernin Group Leads $40M Series B Funding Round for The Pro’s Closet

Choate represented The Chernin Group as the lead investor in The Pro’s Closet’s $40M Series B financing round. The Pro’s Closet, a certified used bike and component retailer, will use the funding to grow their workforce, develop new technological customer solutions, and possibly expand into new regions.

The Chernin Group joined existing investors Foundry Group, Edison Partners, and Ridgeline Ventures for the latest funding.