Vivrelle
A members-only club providing access to coveted designer handbags, jewelry, watches and diamonds for a monthly fee.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
| N/A | €0.0 Valuation: €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
* | $62.0m | Series C | |
| Total Funding | 000k | ||
| USD | 2021 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Vivrelle is a unique startup that operates in the luxury fashion market, offering a membership-based service for borrowing high-end designer handbags and jewelry. The company caters to fashion-conscious individuals who desire access to luxury accessories without the commitment of purchasing them outright. Vivrelle's target clients are primarily women who appreciate designer brands and want to keep their style fresh and versatile.
The business model is straightforward yet innovative. Vivrelle offers four membership tiers, starting at $45 per month, which provide varying levels of access to their extensive collection of luxury items. Members can borrow items for as long as they like and have the option to swap them out or purchase them if they fall in love with a particular piece. This model allows Vivrelle to generate recurring revenue through subscription fees while also potentially earning additional income from the sale of items.
Vivrelle operates in the luxury fashion rental market, a niche but growing segment that appeals to consumers looking for sustainable and cost-effective ways to enjoy high-end fashion. The company distinguishes itself by offering unlimited stylist appointments, ensuring that members always have the perfect accessory for any occasion. This personalized service enhances the customer experience and adds value to the membership.
In addition to subscription fees, Vivrelle collaborates with brand partners to offer special deals and exclusive access to new collections, further enriching the membership experience. This partnership model not only provides additional revenue streams but also strengthens Vivrelle's brand presence in the luxury market.
In summary, Vivrelle is revolutionizing the way consumers access luxury fashion by offering a flexible, cost-effective, and sustainable alternative to traditional ownership. The company's innovative membership model, combined with its focus on customer experience and strategic partnerships, positions it well for growth in the luxury fashion rental market.
Keywords: luxury, fashion, membership, designer, handbags, jewelry, subscription, stylist, sustainable, rental.