What does Vivrelle do?
Vivrelle is a luxury accessories membership club that offers members access to a shared closet of coveted designer handbags, jewelry, and diamonds, along with exclusive perks and multiple membership tiers.
How much did they raise?
The company raised $62M in a Series C funding round, led by Protagonist, aimed at expanding its showroom footprint and evolving its product and technology offerings.
What are their plans for the money?
Vivrelle intends to use the funds to expand its showroom presence into new markets, enhance its product assortment, and develop innovative technologies to further elevate the member experience, potentially reshaping the luxury rental landscape.
What have they achieved so far?
The company has already demonstrated significant progress by opening a 14,000-square-foot showroom in New York City, launching four distinct membership tiers, and forming a multi-city partnership with Four Seasons Hotels and Resorts.
