The Luxury Closet
No. 1 marketplace to buy and sell luxury pre-loved products
Dubai, United Arab Emirates · Founded 2012 · $22.7M raised
- Headquarters
- Dubai
- Employees
- 51–200
- Founded
- 2012
- Business Model
- Marketplace
- Website
- theluxurycloset.com
- Total Funding
- $22.7M
- Last Round
- $14.0M Venture RoundJul 2018
- Rounds
- 2
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 has raised $22.7M in total across 2 rounds, most recently a $14.0M Venture Round round in Jul 2018. Investors include Middle East Venture Partners, Wamda Capital and Saned Partners.
Tech & App Stack
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Funding History
Jul 2018
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Venture Round through Growth Equity — per-round amounts, valuations, and who invested in each round.
Investors
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