Vivrelle Raises $35M in Series B Funding

Vivrelle

Vivrelle, a New York-based provider of a membership club that offers access to a shared closet of designer handbags and accessories, raised $35M in Series B funding.

The round was led by 3L Capital, with participation from Origin Ventures, Chapford Capital Group, Plus Capital, Lily Collins, Nina Dobrev, and Morgan Stewart McGraw.

The company intends to use the funds to accelerate growth across all verticals of the brand’s business.

Founded in September 2018 by newlyweds Blake and Wayne Geffen, Vivrelle is a membership club that provides access to a shared closet of coveted designer handbags, jewelry and diamonds for a monthly membership fee. The company provides members with the ability to borrow items with no return date.

FinSMEs

04/11/2022