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Reflaunt Raises $2.7 Million From Luxury Industry Leaders, Led by MadaLuxe Group

Feb 17, 2021•over 4 years ago

Amount Raised

$2 Million

Round Type

seed

New YorkFashion

Description

Reflaunt, a disruptive Resale-as-a-Service (RaaS) technology company empowering global fashion brands to embrace circularity, today announced that it has secured $2.7 million in pre-Series A funding, led by the investment arm of MadaLuxe Group, a leading worldwide distributor of luxury fashion. Participating investors include former Jimmy Choo CEO and Coty Senior Advisor Pierre Denis, Ganni founder and former CEO Nicolaj Reffstrup, Textile Innovation Fund, Piquadro, Bluebell Group and sustainable fashion accelerator Fashion For Good. The investment will enable Reflaunt to add top talent to its technology and business development teams as it executes its growth strategy and offers a variety of resale models to more leading global brands.

Company Information

Company

Reflaunt

Location

New York, New York, United States

About

MadaLuxe Group is a diversified luxury platform focused on craftsmanship and quality. The group leverages its luxury expertise, operational strength, technology infrastructure and global retail networks to meet the continually evolving demands of a global luxury consumer. MadaLuxe Group’s venture capital arm is an early-stage investor in companies with powerful, innovative technologies that have the potential to disrupt categories and markets. For more information, please visit MadaLuxeGroup.com. About Tequila Enemigo Tequila Enemigo was born out of difference, not conformity, and a relentless focus on quality. The company was brought to life in 2017 by Robin Clough, Sebastian Gonzalez and Max Davies-Gilbert, who set out to change the status quo of premium tequila. To date, Tequila Enemigo has received 60 awards across three continents, including 15 Double Gold accolades and five Tequila of the Year awards. Made from the finest Blue Weber Agave and filtered mineral-rich water of the Volcán de Tequila, then aged in custom, handmade American oak barrels, Tequila Enemigo showcases a flavor profile and position in the market unlike any other. Tequila Enemigo’s award-winning expressions include the Añejo Cristalino 89 and Extra Añejo 00, which walk the line between tradition and rebellion, giving the sipper a unique and meaningful experience.