Vivrelle, a NYC-based membership club that provides access to a shared closet of designer handbags, jewelry, and diamonds, closed a $26m Series A financing.
The round was led by Origin Ventures, with participation from Chapford Capital Group.
The company intends to use the funds to grow its membership, expand its product offering, amplify marketing initiatives and partnerships, and scale its services, operations, and internal teams.
Founded in September 2018 by newlyweds Blake and Wayne Geffen, Vivrelle is a membership club that provides access to a shared closet of designer handbags, jewelry and diamonds for a monthly membership fee.
The company experienced triple-digit growth in 2020.