secretsales.com, a London, UK flash sales website for fashion, accessories, footwear and lifestyle products, raised £4.5m in funding.
Backers included Partech Ventures‘ new Partech VI fund, French private equity firm 123Venture, existing investors Pentech and Doughty Hanson and co-founders and managers.
The company intends to use the funds to accelerate strategic priorities, including the implementation of new, customer acquisition and retention initiatives, and the bolstering of the infrastructure and technology platform.
Led by Nish Kukadia, CEO, secretsales.com is a leading fashion flash sales business, with 3.2 million registered members and a portfolio of 650 brands. It recently hosted sales of Christian Louboutin shoes, Gucci sunglasses, Alessi home ware, Victoria Beckham Denim and vintage Chanel handbags.