What is Mejuri?
Founded in 2013 and headquartered in Toronto, Ontario, Canada, Mejuri is a direct-to-consumer brand specializing in the design, manufacture, and marketing of fine jewelry. The company offers a wide range of products, including rings, pendants, necklaces, earrings, and bracelets, accessible through its online retail platform. Mejuri has carved out a niche by focusing on transparent pricing and high-quality materials, making luxury jewelry more accessible.
How much funding has Mejuri raised?
Mejuri has raised a total of $28M across 2 funding rounds:
Series A
$5M
Series B
$23M
Series A (2018): $5M with participation from BDC Capitals Women in Technology Fund, Real Ventures, Felix Capital, Incite Ventures, and Dash Ventures
Series B (2019): $23M led by New Enterprise Associates, Incite Ventures, Felix Capital, BDC Capital, Imaginary Ventures, and Dash Ventures
Key Investors in Mejuri
New Enterprise Associates
New Enterprise Associates (NEA) is a prominent venture capital firm established in 1977, known for its focus on helping entrepreneurs build successful businesses across various sectors.
Felix Capital
Felix Capital is a venture capital firm that champions technology and creativity, supporting entrepreneurs in building strong, human-centric brands.
Incite Ventures
Incite Ventures is an investment fund firm dedicated to supporting mission-driven enterprises through strategic capital.
What's next for Mejuri?
With the recent strategic investment, Mejuri is poised for accelerated growth. The company is likely to leverage this capital to enhance its product development, expand its global retail footprint, and further optimize its supply chain. This funding round signals strong investor confidence in Mejuri's business model and its potential to disrupt the traditional jewelry market, positioning it for continued success and market leadership.
See full Mejuri company page
