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Rebag Announces $33M In Series E Funding

Dec 15, 2021•over 3 years ago

Amount Raised

$33 Million

Round Type

series e

Description

Rebag, the authority for buying, selling and trading luxury, announces $33 million in a Series E funding round, led by private equity firm Novator, with participation from existing investors including General Catalyst. This brings the company's total funding raised to $101 million. Following a strong year driven by technological advances and category expansion, this latest round positions Rebag for its next cycle of innovation and accelerated growth.

Company Information

Company

Rebag

About

Rebag, the authority on buying, selling and trading luxury goods, is currently one of the fastest growing retailers in the US and has established itself as a leader in the luxury re-commerce space. Founded by Charles Gorra, what makes Rebag unique is that for the first time in the industry, it is possible to sell your designer goods and receive instant payment. Since 2014, the digitally native company has opened retail locations in New York, Los Angeles, Greenwich and Miami. In 2020 and 2021, Rebag was named one of Fast Company's Most Innovative Companies. Rebag has been featured in the New York Times, Business of Fashion, VOGUE, TechCrunch and more. SOURCE Rebag

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech