# The Luxury Closet funding: rounds and investors

> The Luxury Closet has raised $14M across 5 rounds since 2013. Investors include Middle East Venture Partners (MEVP), MVI (MENA Venture Investments) and...

Source: https://millionrounds.com/company/the-luxury-closet (Millionrounds; every figure on the page links to its filing or article)

United Arab Emirates · [Funded startup](https://millionrounds.com/companies)

# Who invested in *The Luxury Closet*

5 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Funding summary Updated 26 Oct 2026

**$14M** raised across 5 rounds since 2013, from 5 sources

**$600K** Seed **$495K** Venture **$2.2M** Series A **$11M** Round

- **Latest round:** Round, $11M May 2019
- **Led by:** Knuru Capital
- **Step-up i:** 5×
- **Investors:** 6 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2014 2015 2016 2017 2018 2019

**$600K** Seed

**$495K** Venture

**?** Series A

**$2.2M** Series A

**$11M** Round

- **First round:** Seed, $600K
- **Biggest round:** $11M
- **Usual gap between rounds:** 21 months

## The rounds

- **May 2019** Round **$11M** *1 new* [Knuru Capital](https://millionrounds.com/fund/knuru-capital) Lead Reported by MENAbytes
- **Apr 2015** Series A **$2.2M** *3 new* *2 returning* [Middle East Venture Partners (MEVP)](https://millionrounds.com/fund/middle-east-venture-partners-mevp) [MVI (MENA Venture Investments)](https://millionrounds.com/fund/mvi-mena-venture-investments) [Twofour54](https://millionrounds.com/fund/twofour54) [Silicon Oasis Venture](https://millionrounds.com/fund/silicon-oasis-venture) [Abu Dhabi Media Company](https://millionrounds.com/fund/abu-dhabi-media-company) From a historical funding record
- **Dec 2014** Series A **Amount undisclosed** *1 new* [MVI (MENA Venture Investments)](https://millionrounds.com/fund/mvi-mena-venture-investments) From a historical funding record
- **Mar 2013** Venture **$495K** *1 returning* [Middle East Venture Partners (MEVP)](https://millionrounds.com/fund/middle-east-venture-partners-mevp) From a historical funding record
- **Jan 2013** Seed **$600K** *1 new* [Middle East Venture Partners (MEVP)](https://millionrounds.com/fund/middle-east-venture-partners-mevp) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2013 **Venture** 2013 **Series A** 2014 **Series A** 2015 **Round** 2019 [Middle East Venture Partners (MEVP)](https://millionrounds.com/fund/middle-east-venture-partners-mevp) [MVI (MENA Venture Investments)](https://millionrounds.com/fund/mvi-mena-venture-investments) [Knuru Capital](https://millionrounds.com/fund/knuru-capital) L [Twofour54](https://millionrounds.com/fund/twofour54) [Silicon Oasis Venture](https://millionrounds.com/fund/silicon-oasis-venture) [Abu Dhabi Media Company](https://millionrounds.com/fund/abu-dhabi-media-company)

## Everyone who backed them

[Middle East Venture Partners (MEVP)](https://millionrounds.com/fund/middle-east-venture-partners-mevp) VC firm **3** rounds

[MVI (MENA Venture Investments)](https://millionrounds.com/fund/mvi-mena-venture-investments) Angel network **2** rounds

[Knuru Capital](https://millionrounds.com/fund/knuru-capital) VC firm **1** round, led 1

[Twofour54](https://millionrounds.com/fund/twofour54) Company **1** round

[Silicon Oasis Venture](https://millionrounds.com/fund/silicon-oasis-venture) VC firm **1** round

[Abu Dhabi Media Company](https://millionrounds.com/fund/abu-dhabi-media-company) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=the-luxury-closet).

## Also claim to have backed them

These 5 firms list The Luxury Closet as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Cedar Mundi Ventures](https://millionrounds.com/fund/cedar-mundi-ventures) VC firm Per its own site

[Wamda Capital](https://millionrounds.com/fund/wamda-capital) VC firm Per its own site

[EQ2 Ventures](https://millionrounds.com/fund/eq2-ventures) VC firm Per its own site

[Tech Invest Com](https://millionrounds.com/fund/tech-invest-com) Accelerator Per its own site

[W3 Partners](https://millionrounds.com/fund/w3-partners) Family office Per its own site

## Quick answers about The Luxury Closet

### Who invested in The Luxury Closet?

The Luxury Closet's investors include Middle East Venture Partners (MEVP), MVI (MENA Venture Investments), Knuru Capital, Twofour54 and Silicon Oasis Venture, and 1 more on record. Knuru Capital led its latest round.

### How much has The Luxury Closet raised?

The Luxury Closet has raised $14M across 5 rounds since 2013. One round did not disclose an amount, so the total is a floor.

### When did The Luxury Closet last raise?

The Luxury Closet's most recent round was an Undisclosed round of $11M in May 2019, led by Knuru Capital.

### What was The Luxury Closet's biggest round?

Its most recent round, $11M in May 2019, is also its largest on record.

### Who backed The Luxury Closet first?

The Luxury Closet's first round on record, in Jan 2013, was backed by Middle East Venture Partners (MEVP).

### What stage is The Luxury Closet at?

The Luxury Closet's latest named round is an Undisclosed round, in May 2019.

### Where is The Luxury Closet based?

The Luxury Closet is based in the United Arab Emirates.

### Who led The Luxury Closet's rounds?

Knuru Capital led the Undisclosed round in 2019.

## Companies like The Luxury Closet

In the same sector, and raised in the last eighteen months.

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