Luxury Garage Sale, a Chicago, IL-based fashion startup, secured $1.5m in seed funding.
The round was led by Chicago Ventures with participation from angels Brian Spaly & Elle Bruno of Trunk Club, Paul Lee, and Lon Chow of Apex Venture Partners. In conjunction with the funding, Spaly, joined Luxury’s board of directors.
The company intennds to use the funds to expand operations in Chicago and accelerate expansion to other markets, starting with Dallas, where it plans to launch in the spring.
Founded in 2010 by Lindsay Segal, Luxury Garage Sale provides a curated and luxe buying and selling option in the $16 billion women’s fashion resale market. The consigning and shopping experience is available across four different platforms, including a retail boutique, website (luxurygaragesale.com), eBay store, and pop-up shops around the country.