About Luxe
Luxe is a company based in San Francisco (United States) founded in 2013 was acquired by Volvo in September 2017.. Luxe has raised $75.5 million across 3 funding rounds from investors including Lightspeed Venture Partners, Hertz and Foundation Capital. Luxe offers products and services including Jasa Suntik RTP. Luxe operates in a competitive market with competitors including DropCar, Valet Anywhere, CurbStand, WallyPark and Caarbon, among others.
- Headquarter San Francisco, United States
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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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
$75.5 M (USD)
in 3 rounds
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Latest Funding Round
$50 M (USD), Series B
Apr 07, 2016
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Investors
Lightspeed Venture Partners
& 13 more
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Employee Count
Employee Count
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Acquired by
Volvo
(Sep 07, 2017)
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Products & Services of Luxe
Luxe offers a comprehensive portfolio of products and services, including Jasa Suntik RTP. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service that increases RTP in online slot games for higher player winning potential.
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Funding Insights of Luxe
Luxe has successfully raised a total of $75.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in April 2016. 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 3
- Last Round Series B — $50.0M
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First Round
First Round
(23 Oct 2014)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Series B - Luxe | Valuation | Hertz | |
| Feb, 2015 | Amount | Series A - Luxe | Valuation | Venrock , Redpoint Ventures | |
| Oct, 2014 | Amount | Seed - 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 Luxe
Luxe has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, Hertz and Foundation Capital. 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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Redpoint Ventures is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location | |
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Investing in early-stage tech companies and ideas.
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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 Luxe
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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.
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2016 |
Financial Statements - 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 |
Luxe Comparisons
Competitors of Luxe
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 DropCar, Valet Anywhere, CurbStand, WallyPark and Caarbon, 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 |
Parking spots are reserved via an app-based booking platform.
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| domain | founded_year | HQ Location |
On-demand valet parking is facilitated via a mobile application.
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| domain | founded_year | HQ Location |
Payment for parking tickets and valet through wallet
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| domain | founded_year | HQ Location |
An app-based platform for booking parking lots and on-demand services.
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| domain | founded_year | HQ Location |
On-demand valet parking is facilitated via a mobile app.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Luxe
Frequently Asked Questions about Luxe
When was Luxe founded?
Luxe was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Luxe located?
Luxe is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Luxe a funded company?
Luxe is a funded company, having raised a total of $75.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5.5M, raised on Oct 23, 2014.
What does Luxe do?
Luxe offers an app-based solution for valet parking services. Users can book the valets by proving details such as drop off location and time. The valet arrives at the mentioned location and drives to the parking spaces. Also, they deliver the vehicles to the user requested drop off location. It also offers additional services such as fueling, car wash, and more. Claims to offer complimentary insurance along with its services. The mobile app is available for iOS and Android platforms.
Who are the top competitors of Luxe?
Luxe's top competitors include Oobeo, DropCar and Divine Services.
What products or services does Luxe offer?
Luxe offers Jasa Suntik RTP.
Who are Luxe's investors?
Luxe has 14 investors. Key investors include Lightspeed Venture Partners, Hertz, Foundation Capital, Redpoint Ventures, and Venrock.