About Instant Luxe
Instant Luxe is a company based in Paris (France) founded in 2009 was acquired by Galeries Lafayette in June 2016.. Instant Luxe has raised $3.43 million across 2 funding rounds from investors including Galeries Lafayette, IRIS and ISAI. Instant Luxe operates in a competitive market with competitors including Vestiaire Collective, Addictochic, BrandCo Paris, Joli Closet and Luxuxry Selective, among others.
- Headquarter Paris, France
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.43 M (USD)
in 2 rounds
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Latest Funding Round
$2.56 M (USD), Seed
Feb 01, 2013
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Investors
Galeries Lafayette
& 2 more
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Employee Count
Employee Count
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Acquired by
Galeries Lafayette
(Jun 29, 2016)
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Funding Insights of Instant Luxe
Instant Luxe has successfully raised a total of $3.43M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.56 million completed in February 2013. 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 Funding
- Total Rounds 2
- Last Round Seed — $2.6M
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First Round
First Round
(01 Jul 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2013 | Amount | Seed - Instant Luxe | Valuation | IRIS , ISAI Gestion |
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| Jul, 2010 | Amount | Seed - Instant Luxe | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Instant Luxe
Instant Luxe has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Galeries Lafayette, IRIS and ISAI. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A venture capital firm focused on tech investments is operated.
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Founded Year | Domain | Location | |
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A venture capital fund focused on tech entrepreneurs is operated.
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Founded Year | Domain | Location | |
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Department store retail services are provided by Galeries Lafayette.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Instant Luxe
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Instant Luxe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Instant Luxe Comparisons
Competitors of Instant Luxe
Instant Luxe 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 Vestiaire Collective, Addictochic, BrandCo Paris, Joli Closet and Luxuxry Selective, 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 |
Pre-loved luxury fashion is traded via an online consignment marketplace.
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| domain | founded_year | HQ Location |
Operates a marketplace for fashion and authentic pre-loved luxury items.
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| domain | founded_year | HQ Location |
Online marketplace for pre-loved luxury fashion items like bags and jewelry from top brands.
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| domain | founded_year | HQ Location |
Second-hand fashion for men, women, and kids is facilitated online.
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| domain | founded_year | HQ Location |
An online platform specializing in luxury fashion products for discerning customers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Instant Luxe
When was Instant Luxe founded?
Instant Luxe was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Instant Luxe located?
Instant Luxe is headquartered in Paris, France.
Is Instant Luxe a funded company?
Instant Luxe is a funded company, having raised a total of $3.43M across 2 funding rounds to date. The company's 1st funding round was a Seed of $868.26K, raised on Jul 01, 2010.
What does Instant Luxe do?
Instant Luxe was founded in 2009 in Paris, France, as an online marketplace in the luxury resale sector. High-end second-hand items from brands such as Chanel, Louis Vuitton, Rolex, and Bulgari are bought and sold by individuals and professionals. All products, including watches, jewellery, leather goods, and accessories, are inspected prior to sale and delivered with certificates of authenticity. Operations focus on facilitating secure transactions within the European market.
Who are the top competitors of Instant Luxe?
Instant Luxe's top competitors include Vestiaire Collective, Joli Closet and Addictochic.
Who are Instant Luxe's investors?
Instant Luxe has 3 investors. Key investors include Galeries Lafayette, IRIS, and ISAI.