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The VCs: Phin Barnes, Theresia Gouw Ranzetta, Shana Fisher

With the incredible success of fashion-tech startups like Gilt Groupe and Rent the Runway, venture capitalists are clamoring to invest in fashion brands like never before. These three VCs are leading the way.

Barnes, a partner at New York-based First Round Capital, is on the board of beauty sample startup Birchbox, which has raised over $12 million since 2010. First Round has also invested in Modcloth, Threadflip and Chloe + Isabel. In Silicon Valley, Accel Partners’ Ranzetta has invested in Birchbox, as well as affordable online jewelry site BaubleBar. Fisher, a managing partner at New York’s High Line Venture Partners, formerly of IAC, works with Fashism, Moda Operandi and Pinterest.

Photo: Barnes: First Round Capital | Ranzetta: Elena Zhukova | Fisher: IAC