TrueFacet
TrueFacet brings truth to pre-loved luxury. Our marketplace of jewelry and watches is guaranteed authentic. Up to 70% off..
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor | €0.0 | round |
| investor investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
$7.1m | Series B | ||
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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TrueFacet operates as an online marketplace specializing in authenticated pre-owned designer jewelry and watches. The company caters to discerning clients seeking high-end luxury items at competitive prices. TrueFacet's business model revolves around providing a secure platform where buyers can purchase verified luxury goods, ensuring authenticity and quality. The company generates revenue through transaction fees and commissions on sales. TrueFacet also offers a concierge service, where jewelry experts assist clients in finding specific items, enhancing the customer experience. The market it operates in includes affluent individuals and collectors who value both the prestige and investment potential of luxury jewelry and watches.
Keywords: luxury, marketplace, authenticated, pre-owned, designer, jewelry, watches, concierge, high-end, competitive prices.