Luxury Promise
Marketplace for the world’s most exclusive & luxurious accessories powered by artificial intelligence.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | £8.0m | Early VC | |
| Total Funding | 000k | ||
Luxury Promise, founded in 2016 by Sabrina Sadiq, operates as a global marketplace for pre-owned luxury goods, with a focus on handbags and accessories from high-end brands such as Chanel, Hermès, and Cartier. The company has established a strong presence in the UK and GCC regions, catering to a discerning clientele seeking authentic pre-owned luxury items.
The platform's business model is centered around providing a trusted and seamless experience for both buyers and sellers. A key feature of Luxury Promise is its specialization in live shopping experiences, allowing customers to engage with the products in real-time. The company places a strong emphasis on authenticity, with Sabrina Sadiq's expertise as a highly experienced authenticator of luxury goods forming the foundation of this commitment. This focus on verification and quality control is a crucial element of their value proposition, addressing a key concern for consumers in the second-hand luxury market.
Luxury Promise has successfully scaled its operations since its launch, positioning itself as a leading destination for social luxury re-commerce. The company's online platform and live events provide a curated selection of rare and exclusive vintage pieces, making luxury and style more accessible to a wider audience.
Keywords: pre-owned luxury, handbags, accessories, live shopping, authentication, re-commerce, Chanel, Hermès, Cartier, online marketplace.