Monica Vinader designs and sells affordable luxury jewellery that bridges costume and fine categories, noted for friendship bracelets, vibrant gemstones and diamond pieces that customers can style, stack and personalise. Founded in 2007 and run by Monica and her sister Gabriela, the business operates three London stores (Chelsea, Mayfair and Canary Wharf) and is expanding its footprint in the US and Asia, with stock in department stores domestically and internationally. The company employs 168 staff and turnover has trebled in the last three years to reach £23m. Future plans highlighted by the company include further roll-out of both own and franchised stores, expansion of wholesale distribution—particularly in the US—and continued investment in its e-commerce channel. The brand counts high-profile customers such as the Duchess of Cambridge, Kate Winslet and Alicia Vikander. Monica Vinader is a Docking, UK–based company that designs and retails high-end fashion jewellery. The company sells through retailers including Selfridges, Liberty, Net-A-Porter and Harrods. It received an investment from Beringea; the amount was not disclosed in the article. The investment is intended to allow Monica Vinader to expand its team and continue growth in the UK and abroad. As part of the transaction, Karen McCormick, investment director and partner at Beringea, will join the company’s board as a non-executive director. The article does not disclose additional financial metrics or the financing instrument used.

Total raised

$29M

Funding rounds

2

Latest round

Equity

Latest activity

Feb 2016