What does Faume do?
Faume offers a resale platform that enables luxury fashion brands to activate branded resale channels quickly without the burden of technical or logistical challenges. The platform helps brands generate new revenue streams, build loyalty, and boost customer acquisition through its proprietary technology and integrated operations.
How much did they raise?
The company secured €8M in a funding round led by Amundi Private Equity Transition Juste, with participation from investors such as Daphni and Bpifrance (via its Digital Venture fund).
What are their plans for the money?
With the new capital, Faume aims to expand its presence across Europe, targeting key markets like the UK and Italy. This expansion is expected to significantly enhance its platform's impact by enabling more luxury brands to benefit from streamlined, rapid activation of resale channels.
What have they achieved so far?
Faume has already made significant progress by partnering with over 45 renowned fashion brands, including Isabel Marant, Soeur, Lacoste, ba&sh, Victoria Beckham, Ami Paris, Aigle, and Balzac Paris. Its platform consistently delivers quick activation times of 4 to 8 weeks, demonstrating its effectiveness in the luxury fashion resale market.
