About Red Luxury
Red Luxury is a company based in Paris (France) founded in 2012 by Romain Benichou and David Emmanuel Cohen. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Red Luxury has raised $3.64 million across 2 funding rounds from investors including M Capital and Newfund. Red Luxury has completed 2 acquisitions, including Le Gramme and Timefy. Red Luxury offers products and services including Jewelry Brands and Watch Brands.
- Headquarter Paris, France
- Founders Romain Benichou, David Emmanuel Cohen
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Red Luxury
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Products & Services of Red Luxury
Red Luxury offers a comprehensive portfolio of products and services, including Jewelry Brands and Watch Brands. 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.
Jewelry brands are designed and distributed globally by Red Luxury.
Watch brands are crafted and marketed worldwide by Red Luxury.
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Funding Insights of Red Luxury
Red Luxury has successfully raised a total of $3.64M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.28 million completed in May 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 2
- Last Round Series A — $2.3M
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First Round
First Round
(07 Jul 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Series A - Red Luxury | Valuation | M Capital |
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| Jul, 2014 | Amount | Seed - Red Luxury | Valuation | Newfund |
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| 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 Red Luxury
Red Luxury has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include M Capital and Newfund. 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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Investment solutions are provided by M Capital for various sectors.
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Founded Year | Domain | Location | |
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Early-stage VC firm investing in geographies such as the US & France
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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 Red Luxury
Red Luxury has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Le Gramme and Timefy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Men's weight-based jewelry is designed and manufactured with minimalist focus.
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2012 | ||||
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Non-luxury watches are retailed online by Timefy for all ages.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Red Luxury
| 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 |
Red Luxury Comparisons
Competitors of Red Luxury
| 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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Frequently Asked Questions about Red Luxury
When was Red Luxury founded?
Red Luxury was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Red Luxury located?
Red Luxury is headquartered in Paris, France.
Who is the current CEO of Red Luxury?
Romain Benichou is the current CEO of Red Luxury. They have also founded this company.
Is Red Luxury a funded company?
Red Luxury is a funded company, having raised a total of $3.64M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.36M, raised on Jul 07, 2014.
What does Red Luxury do?
Red Luxury is involved in the design, manufacture, and distribution of proprietary jewelry and watch brands worldwide. The company operates within the luxury goods sector, focusing on trendy and differentiating products. Investments are made in up-and-coming brands to disrupt traditional markets. Alternative distribution networks are utilized to promote products through high-end concept stores, department stores, and specialized shops. A dedicated team of experts in web marketing, social media, sales, supply chain, and manufacturing supports the scaling of brand activities. Global presence is strengthened through offices in multiple key cities.
What products or services does Red Luxury offer?
Red Luxury offers Jewelry Brands and Watch Brands.