The Luxury Closet

No. 1 marketplace to buy and sell luxury pre-loved products

The Luxury Closet was founded in 2012, is headquartered in Dubai, United Arab Emirates, lists 51–200 employees, and has $24.9M in recorded funding across 3 rounds.

Headquarters
Dubai
Employees
51–200
Founded
2012
Business Model
Marketplace
Total Funding
$24.9M
Last Round
$8.7M Growth EquityJul 2018
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 3 funding rounds and 4 investors for this company. The full record is or through the API.

About

The Luxury Closet is the leading pre-owned luxury goods marketplace in the Middle East and North Africa, founded in 2012 in Dubai by CEO Kunal Kapoor. The platform operates on a consignment model, offering authenticated luxury bags, shoes, clothing, watches, and fine jewelry from brands such as Chanel, Louis Vuitton, Hermès, and Rolex. With 2.4 million shoppers, 390,000+ products sold, and operations spanning 80+ countries, the company employs over 170 people across offices in Dubai, India, and Kuwait.

Summary

The Luxury Closet is an E-Commerce company based in Dubai, United Arab Emirates, founded in 2012. It lists 51–200 employees. It has raised $24.9M in total across 3 rounds, most recently a $8.7M Growth Equity round in Jul 2018. Investors include Middle East Venture Partners, Wamda Capital and Saned Partners.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Growth EquityGrowth FundingJul 2018
$8.7M

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Funding: Growth Equity. Amounts, valuations, and investors where available.

Investors

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