AUrate New York

New York, United States Founded: 2014 • Age: 12 yrs
Internet first brand offering fine jewellery

About AUrate New York

AUrate New York is a company based in New York (United States) founded in 2014.. AUrate New York has raised $17.37 million across 4 funding rounds from investors including BlueCrest Capital Management, Drake Management and AAF Management. AUrate New York operates in a competitive market with competitors including Blue Nile, Enchanted Diamonds, Akola, Reign Sapphires and Couple, among others.

  • Headquarter New York, United States
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → Fashion & Retail Innovation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $17.37 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.1 M (USD), Series A

    Jul 01, 2022

  • Investors
  • Employee Count
    Employee Count
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People of AUrate New York
Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Victor Choe
Software Engineer
People
Filippo Bigolin
COO
People
Bouchra Darwazah
Founder
People
John Sciortino
Director Of Product Development

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Funding Insights of AUrate New York

AUrate New York has successfully raised a total of $17.37M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.1 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series A — $1.1M
  • First Round

    (05 Jan 2016)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2022 Amount Series A - AUrate New York Valuation

investors

Jul, 2019 Amount Series A - AUrate New York Valuation BlueCrest Capital Management
Jun, 2017 Amount Seed - AUrate New York Valuation Visible Ventures , AAF Management
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AUrate New York

AUrate New York has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include BlueCrest Capital Management, Drake Management and AAF Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on fintech, healthcare, consumer, enterprise software, and deep tech sectors
Founded Year Domain Location
Long-term growth equity is provided to global consumer companies.
Founded Year Domain Location
Investments in early-stage businesses are made by Visible Ventures.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AUrate New York

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - AUrate New York

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aurate New York Comparisons

Employees
+
Add Comparison
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Competitors of AUrate New York

AUrate New York operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blue Nile, Enchanted Diamonds, Akola, Reign Sapphires and Couple, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Diamond jewelry is offered online with customization options.
domain founded_year HQ Location
Functions as an online retailer of diamonds and diamond jewelry.
domain founded_year HQ Location
Internet first brand offering handcrafted fashion jewelry
domain founded_year HQ Location
Blue sapphire jewelry is ethically sourced and handmade globally.
domain founded_year HQ Location
Internet-first brand of precious jewelry for men & women
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aurate New York

Aurate is opening stores again
Retaildive3 years ago

Frequently Asked Questions about AUrate New York

When was AUrate New York founded?

AUrate New York was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is AUrate New York located?

AUrate New York is headquartered in New York, United States. It is registered at New York, New York, United States.

Is AUrate New York a funded company?

AUrate New York is a funded company, having raised a total of $17.37M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.6M, raised on Jan 05, 2016.

What does AUrate New York do?

AUrate New York was founded in 2014 in New York, United States, as an internet-first brand in the fine jewelry sector. Operations focus on e-commerce, where jewelry crafted from gold, diamonds, and pearls is offered alongside digital gift cards. The company maintains a direct-to-consumer model, serving customers primarily through its online domain, auratenewyork.com.

Who are the top competitors of AUrate New York?

AUrate New York's top competitors include Blue Nile, Reign Sapphires and Akola.

Who are AUrate New York's investors?

AUrate New York has 5 investors. Key investors include BlueCrest Capital Management, Drake Management, AAF Management, Point King Capital, and Visible Ventures.

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