Luxola operates an online beauty-products marketplace and content platform, offering products via Luxola.com and editorial content on Lxedit.com. The company partners with more than 105 brands to stock its platform. Led by founder and CEO Alexis Horowitz-Burdick, Luxola focuses on expanding product selection and improving the customer experience through platform and mobile enhancements. The business raised $10M in funding to support growth initiatives. Management plans to use the proceeds to increase regional warehouse and operational capacity and broaden product assortment. The company targets continued regional expansion across Southeast Asia. Luxola operates an online beauty marketplace launched in September 2012 that sells cosmetics and beauty products from roughly 60 brands. The company ships to countries in Southeast Asia, including Singapore and Malaysia, and currently fulfills orders from a warehouse in Singapore. Average basket price on the site is about US$44. Luxola employs a staff of ten, split across engineering, creative/design, and marketing roles. The startup has hired Christine Ng, formerly of PopSugar and Sephora, as chief marketing officer. Management says the new funding will be used to continue regional expansion and set up warehouses to simplify fulfillment.

Total raised

$12M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2014