Private Outlet operates a members-only online shopping club that runs private sales offering up to 70% off fashion and accessories from roughly 150 luxury brands. The site allows non-members to see which products and brands are on sale but requires membership to make purchases. It counts about 1.8 million members across five countries (France, the UK, Spain, Italy and Germany) and has a 105-person team split between Paris and Milan. Private Outlet has raised a second round totalling €9M (including a €4.9M investment from Belgian VC Gimv) and previously raised €7.3M in 2008, bringing total funding to €16.3M over three years. The new capital is intended to fuel the company’s international development as it competes with larger players such as Showroomprive. The catalogue includes brands like Christian Dior, D&G and Chanel.

Total raised

$6M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2010