About myGemma
myGemma is a company based in New York (United States) founded in 2018.. myGemma has raised $2.7 million across 2 funding rounds from investors including Second Avenue Capital Partners. myGemma operates in a competitive market with competitors including The RealReal, Tradesy, Vestiaire Collective, Stadium Goods and Grailed, among others.
- Headquarter New York, United States
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Sectors
Retail
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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
$2.7 M (USD)
in 2 rounds
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Latest Funding Round
$2.7 M (USD), Seed
Jun 20, 2025
- Investors
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Employee Count
Employee Count
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Funding Insights of myGemma
myGemma has successfully raised a total of $2.7M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.7 million completed in June 2025. 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 — $2.7M
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First Round
First Round
(26 Apr 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2025 | Amount | Seed - myGemma | Valuation |
investors |
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| Apr, 2022 | Amount | Debt – Conventional - myGemma | 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 myGemma
myGemma has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Second Avenue Capital Partners. 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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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 myGemma
| 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 - myGemma
| 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 |
Mygemma Comparisons
Competitors of myGemma
myGemma 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 The RealReal, Tradesy, Vestiaire Collective, Stadium Goods and Grailed, 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 |
Luxury fashion is resold via an online consignment platform.
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| domain | founded_year | HQ Location |
Designer clothing is bought and sold through peer-to-peer online marketplace.
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| 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 |
Pre-owned premium sneakers and apparel are consigned and sold.
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| domain | founded_year | HQ Location |
A peer-to-peer marketplace for men's clothing is operated.
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| domain | founded_year | HQ Location |
A B2B e-commerce company offering second-hand luxury goods
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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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Latest news on Mygemma
Frequently Asked Questions about myGemma
When was myGemma founded?
myGemma was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is myGemma located?
myGemma is headquartered in New York, United States. It is registered at New York, New York, United States.
Is myGemma a funded company?
myGemma is a funded company, having raised a total of $2.7M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $10M, raised on Apr 26, 2022.
What does myGemma do?
An online marketplace for reselling luxury fashion items across multiple categories, such as jewelry, watches, bags, and sneakers for men and women, was founded in 2018 in New York, United States. Operations focus on curating and distributing these products through the platform. Blogs covering various luxury fashion topics are also provided to users. The domain mygemma.com serves as the primary access point for these services.
Who are the top competitors of myGemma?
myGemma's top competitors include The RealReal, Vestiaire Collective and Stadium Goods.
Who are myGemma's investors?
myGemma has 1 investor. Key investors include Second Avenue Capital Partners.