United Kingdom · Luxury goods & jewelry startup
United Kingdom · Luxury Promise
Luxury Promise is a social commerce platform founded in 2017 that allows users to buy, sell, and swap pre-owned luxury goods through interactive live-shopping experiences.
Funding reportedLast round: Undisclosed round
About Luxury Promise
Luxury Promise is a social commerce platform founded in 2017 that allows users to buy, sell, and swap pre-owned luxury goods through interactive live-shopping experiences.
The company is headquartered in London, with additional offices in Dubai, New York, and Singapore. It focuses on sustainability by promoting the recycling of luxury handbags and reducing waste through the resale market. The platform specializes in high-end pre-owned items, including handbags from iconic brands like Hermès, Chanel, and Louis Vuitton, as well as accessories, fine jewelry, watches, clothing, and footwear. Luxury Promise distinguishes itself with live-show shopping, integrating entertainment and education into the shopping experience. The company employs advanced AI technology for authentication and pricing, ensuring item authenticity through a rigorous quality control process. It also offers in-house repairs and finishing for pre-loved goods, along with educational resources on sustainability and the value of recycling luxury items.
What company datasets say Luxury Promise raised
Funding, as reported
Funding filed with regulators
Luxury Promise filed 3 raises, $13M in all. Filings say how much was sold and to how many investors; they never name the investors.
- Mar 2024$1.9MUK share allotment
- Jan 2022$1.6MUK share allotment
- Dec 2021$9.4MUK share allotment
On a portfolio page
Investors who name them
Each firm lists Luxury Promise on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.
The company, in detail
What they build
Known for
luxury shopping experiencefashionluxury goodsinternationalconsumersluxury investment piecesluxury resale certificationluxury pre-loved itemsherms birkin resaleauthenticity verificationinformation technology & servicesluxury jewelryluxury fashion onlineretail luxury goods & jewelryluxury resaleluxury clothing
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- Sector
- Luxury goods & jewelry
- Industry code
- NAICS 45811, 45831, SIC 5099
- Region
- England
- Full record
- Every detail in the company directory
Luxury goods & jewelry in United Kingdom
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