What is Rebag?
Rebag stands as a leading authority in the buying, selling, and trading of luxury goods, recognized as one of the fastest-growing retailers in the United States. Founded by Charles Gorra, Rebag pioneered an instant payment system for designer goods, differentiating itself in the luxury re-commerce space. Since its inception in 2014, the digitally native company has expanded its footprint with retail locations in key markets like New York, Los Angeles, Greenwich, and Miami. Rebag's innovative approach and market leadership have earned it accolades, including being named one of Fast Company's Most Innovative Companies in 2020 and 2021, and features in prestigious publications such as the New York Times, Business of Fashion, and VOGUE.
How much funding has Rebag raised?
Rebag has raised a total of $101.3M across 7 funding rounds:
Other Financing Round
$800K
Angel/Seed
$4M
Series A
$8M
Series B
$15.5M
Series C
$25M
Series D
$15M
Series E
$33M
Other Financing Round (2014): $800K with participation from Teodoro D'Ambrosio, Jose Marin, Güimar Vaca Sittic, and Fabrice Grinda
Angel/Seed (2015): $4M led by Crosslink Capital, Big Sur Ventures-Necotium, Metamorphic Ventures, Founder Collective, and General Catalyst
Series A (2016): $8M supported by General Catalyst, Crosslink Capital, Big Sur Ventures-Necotium, Founder Collective, FJ labs, and Metamorphic Ventures
Series B (2017): $15.5M featuring FJ Labs, General Catalyst, Novator Systems, Big Sur Ventures, Crosslink Capital, Kloof Capital, and U-Start
Series C (2019): $25M, investors not publicly disclosed
Series D (2020): $15M with participation from Novator AB and General Catalyst Partners
Series E (2021): $33M led by General Catalyst and Novator Systems
Key Investors in Rebag
General Catalyst Partners
General Catalyst is a venture capital firm that supports transformational business opportunities across various sectors and stages, backing entrepreneurs with ambitious visions to reshape industries. They provide strategic capital and operational expertise to accelerate growth and build enduring enterprises.
FJ Labs
FJ Labs specializes in angel investing at a venture scale, focusing on marketplaces and network effect businesses, and has backed numerous unicorn companies. They seek visionary founders with passion and grit to execute their ideas.
Crosslink Capital
Crosslink Capital partners with ambitious early-stage founders to build category-defining companies, focusing on seed and Series A investments. They leverage a proprietary network to support portfolio companies through their growth journey.
What's next for Rebag?
With its recent major strategic investment and a robust history of capital raises, Rebag is well-positioned for its next phase of growth. The company's enterprise-level funding suggests a focus on scaling operations, enhancing its digital platform, and potentially expanding its physical presence or service offerings. Strategic capital injections of this magnitude typically enable companies to invest in technology, marketing, and talent acquisition, aiming to solidify market dominance and explore new avenues for revenue generation in the competitive luxury resale landscape. Rebag's trajectory indicates a strong emphasis on innovation and customer experience to maintain its leadership in the re-commerce industry.
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