The Luxury Closet

📍 Dubai, United Arab Emirates🗓 Founded 2012👥 218 employees💰 Last funded Jul 2020
Luxury Goods & Jewelry🌐 TheLuxuryCloset.com
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Like most iconic beginnings, The Luxury Closet has had a profound start. It all began with an Hermès Birkin handbag, and the rest, as we say, is history. Founded in 2012 in the bustling city of Dubai as a three-member team by our founder and CEO, Kunal Kapoor, The Luxury Closet is built on the firm foundation of circularity, authenticity, and excellent customer service. With thousands of unique designer products, global consignors, and buyers, we are one of the most trusted marketplaces for authentic luxury today. A significant milestone in our journey was when two of the Kattan sisters, Huda and Mona, came aboard as investors in 2020. Known as the ‘queen of beauty,’ Huda Kattan is the founder of her eponymous cosmetic line Huda Beauty, and Mona Kattan is the Co-Founder and Global President of Huda Beauty and Kayali. Together, the Kattan sisters bring their creative intake and exceptional business expertise to the TLC family. The Luxury Closet is paving its way to disrupt the world of luxury retail. Bain &Co estimates that there is $500 Billion worth of re-sellable luxury items in consumers closets, and nonetheless, each year consumers buy nearly $300B more of them. We are also backed by investors like Middle East Venture Partners, Wamda Capital, Two Four 54 - Abu Dhabi, and Dubai Silicon Oasis Authority who are helping us create an amazing company. Please visit www.theluxurycloset.com or download our app to find out more! New or pre-loved, luxury is guaranteed! We truly hope your experience with The Luxury Closet is a happy one.
9
Total investors
2
Early stage
2
Mid stage
5
Late stage
2012
Founded

Investors

9 investors
All
Early stage
Mid stage
Late stage
Investor geography4 countries
United Arab Emirates
4
Saudi Arabia
1
France
1
United States
1
Investor activity2012–2020 · investors recorded per year
20122201512016120171201812019220201
Recent (last 2y)Earlier
Frequently asked questions
Who invested in The Luxury Closet?
The Luxury Closet has 9 investors on record on gritt.io, including 2 early-stage backers, 2 mid-stage and 5 late-stage investors.
When did The Luxury Closet last raise funding?
The most recent investment in The Luxury Closet recorded on gritt.io was in July 2020.
When was The Luxury Closet founded?
The Luxury Closet was founded in 2012.
What industry is The Luxury Closet in?
The Luxury Closet operates in Luxury Goods & Jewelry. Find similar Luxury Goods & Jewelry investors on gritt.io.
Where is The Luxury Closet based?
The Luxury Closet is headquartered in Dubai, United Arab Emirates.