GoldenScent
Latest round
- Series A
Last raised
- Dec 2017
Total raised
- Undisclosed
Investors
- 6
About GoldenScent
Founded in 2014 in Riyadh, Saudi Arabia, GoldenScent operates as an online retailer of fragrances and beauty products, catering to the growing demand for luxury items in the region. The company was co-founded by Malik Al-Shehab and Ronny Froehlich, with Malik also serving as the CEO.GoldenScent specializes in the retail of a wide variety of fragrances and beauty products, prominently featuring international and niche perfume brands. Their core offerings include a diverse range of luxury perfumes, home fragrances, and beauty items, tailored to cater to the preferences of a sophisticated clientele. The company provides a seamless online shopping experience, allowing customers to browse and purchase products such as scented candles, room diffusers, and exclusive fragrance collections. Targeting customers in Saudi Arabia, Kuwait, the United Arab Emirates, and Oman, GoldenScent appeals to both individual consumers seeking personal fragrances and gift buyers looking for high-quality, branded products.GoldenScent operates on a direct-to-consumer model, facilitating sales through their online platform. The company structures its revenue primarily through individual sales transactions, where customers can purchase items at set prices. These transactions include a variety of fragrance collections, such as the "Classic Collection" and "Elite Collection," which feature multiple items offered at discounted prices. This model allows GoldenScent to engage with a diverse consumer base, generating revenue through direct sales of perfumes, home fragrance products, and beauty items. Upcoming initiatives include the launch of new fragrance lines and potential expansion into additional markets within the Gulf region, aiming to capture a broader audience of fragrance consumers.
Who invested in GoldenScent
6 investors across 1 round
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Funding rounds
Series A
Dec 21, 2017
Amount
Undisclosed
Investors
Questions about GoldenScent
Who invested in GoldenScent?
GoldenScent has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has GoldenScent raised?
GoldenScent has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did GoldenScent last raise money?
GoldenScent's most recent round on record is a Series A, in Dec 2017.
What does GoldenScent do?
Founded in 2014 in Riyadh, Saudi Arabia, GoldenScent operates as an online retailer of fragrances and beauty products, catering to the growing demand for luxury items in the region.
Where is GoldenScent headquartered?
GoldenScent is headquartered in Riyadh, Saudi Arabia.
Which VCs invest in companies like GoldenScent?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back consumer products companies at GoldenScent's stage. Their profiles are linked below.
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