Gilt Groupe
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$5.0m | Series A | ||
$43.0m | Series B | ||
$35.0m | Series B | ||
N/A | $15.0m | Debt | |
$138m | Series E | ||
N/A | Seed | ||
$2.8m | Late VC | ||
$50.0m Valuation: $1.2b | Series F | ||
$250m Valuation: $250m | Acquisition | ||
N/A | Acquisition | ||
Total Funding | AUD423m |
Related Content
Recent News about Gilt Groupe
EditGilt is an online shopping platform that provides insider-level access to luxury designer brands at significantly discounted prices, often up to 70% off retail. The company operates in the e-commerce market, targeting fashion-conscious consumers who seek high-end products at a fraction of the cost. Gilt serves a diverse clientele, including women, men, and children, offering a wide range of categories such as clothing, shoes, accessories, home decor, and more. The business model is based on flash sales, where new sales launch daily, creating a sense of urgency and exclusivity. Gilt generates revenue through the sale of these discounted luxury items, leveraging its relationships with top designers and brands to offer coveted products at reduced prices. The platform's appeal lies in its ability to provide high-quality, fashionable items at accessible prices, making luxury shopping more attainable for a broader audience.
Keywords: luxury, designer, discounts, flash sales, fashion, home decor, accessories, e-commerce, daily sales, high-end.