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Watchbox, The World'S Leading E-Commerce Platform For Collectible Luxury Watches, Secures $165M In Funding To Continue Its Global Expansion

Nov 23, 2021•over 3 years ago

Amount Raised

$165 Million

Philadelphia

Description

WatchBox, the world's leading online destination for collectible luxury watches, today announced that it has raised $165 million of equity capital. Lead investors The Radcliff Companies and The Spruce House Partnership were joined by CMIA Capital Partners as well as other existing investors. WatchBox will invest the capital to further scale its digital platform, expand into new markets, and enhance what is already the world's most valuable and extensive inventory selection.

Company Information

Company

Watchbox

Location

Philadelphia, Pennsylvania, United States

About

WatchBox is the world's leading platform for collectible luxury timepieces, founded in 2017 by Justin Reis, Tay Liam Wee, and Danny Govberg. Offering the largest collection of pristine condition luxury watches, authenticated, and backed by a global warranty, WatchBox is the watch collector's ultimate destination. Members of the WatchBox collector community receive white- glove concierge service online or at any of our global locations in the US, Hong Kong, Singapore, Switzerland, and Dubai, with additional locations on the way. As a technology-first platform and pioneer in media-driven commerce, WatchBox produces and distributes original video content daily, with a growing library that includes market insights, collector interviews, and thousands of watch reviews. Learn more at www.thewatchbox.com. SOURCE WatchBox

Funding Insights

Based on industry data
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