Stitch Fix IPO on horizon?

Stitch Fix, the online personal-styling service backed by Benchmark, is reportedly considering an initial public offering.

Executives have held early discussions with bankers about a potential deal, and the board plans to decide in the next month whether to pursue a public offering, people with knowledge of the matter said. The San Francisco company, which also counts Lightspeed Venture Partners among its backers, also turned down late-stage money from several interested investors, one of the people said.

Stitch Fix hasn’t turned down late-stage funding from interested investors, a spokeswoman for the company said in an email, adding that the board will not be meeting next month to decide on an IPO.

After collecting a user’s style, size and price preferences, Stitch Fix sends five pieces of clothing for a $20 fee. They can buy the items they like and send back the rest. Started by CEO Katrina Lake while she was at Harvard Business School, Stitch Fix sent its first packages in 2011.

There have been 16 Wall Street IPOs to raise $6.2 billion since September, compared with 13 deals that raised $1.9 billion in the prior seven months.

Snap and MuleSoft had recent successful IPOs. Cloudera, MapR Technologies and ForeScout Technologies have hired underwriters, people familiar with those deals said, while Appian and Ancestry.com are considering listings.