Saks OFF 5TH
The premier online luxury off-price destination
New York, United States · Founded 1990 · $700.0M raised
- Headquarters
- New York, New York
- Employees
- 1001–5000
- Founded
- 1990
- Business Model
- B2C
- Website
- saksoff5th.com
- Total Funding
- $700.0M
- Last Round
- $500.0M Growth EquityMar 2023
- Rounds
- 2
About
Saks OFF 5TH is the premier luxury off-price retail destination in North America, founded in 1990 as an outlet concept for Saks Fifth Avenue and formally launched as Saks Fifth Avenue OFF 5TH in 1995. The brand offers designer fashion from top luxury labels at significant discounts, making aspirational fashion accessible to a broader market. Operating both physical stores and a leading e-commerce platform, Saks OFF 5TH is now part of Saks Global's portfolio of luxury retail brands and real estate assets, alongside Saks Fifth Avenue, Bergdorf Goodman, and Neiman Marcus. The company serves millions of customers seeking designer deals across apparel, accessories, shoes, and home goods from brands including Bottega Veneta, Valentino, and Vince.
Summary
Saks OFF 5TH is an E-Commerce company based in New York, United States, founded in 1990. It has raised $700.0M in total across 2 rounds, most recently a $500.0M Growth Equity round in Mar 2023. Investors include Insight Partners.
Tech & App Stack
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Funding History
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Jan 2026
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Growth Equity through Debt Financing — per-round amounts, valuations, and who invested in each round.
Investors
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