With gigs at companies like Chanel, Ann Taylor and Elie Tahari, Mona Bijoor saw first-hand the many inefficiencies in the fashion industry. So the Wharton grad set out to solve them. In 2010, Bijoor, 38, launched JOOR, an online wholesale marketplace that connects brands and buyers -- and eliminates the pen and paper transactions that many firms still relied on. JOOR has raised over $20 million in funding and counts major fashion brands like Kate Spade, Diane von Furstenberg and Vera Wang among its users. Constantly on the road, Bijoor is likely hopping from one of JOOR’s five offices – in Paris, Australia, Milan, NYC and Los Angeles -- to the next.
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For bringing wholesale fashion into the 21st century. Joor works with a slice of the industry that has been slow to get online. Before, buyers had to make multiple Monday morning phone calls to try to replace sold out inventory. The company has fixed that glitch by putting the communications online and now caters to 40,000 retailers and brand clients, including Diane von Furstenberg, Rag & Bone, and Zappos. Last summer, it secured $15 million in a second round of funding led by Canaan Partners and (surprise!) Condé Nast parent company Advance Publications.