# K.K.B4F

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/k-k-b4f

- Industry: Retail
- Headquarters: Tokyo, Japan
- Website: www.milleporte.com/
- Latest round: Series A (Mar 4, 2010)
- Investors on record: 3

## About

K.K.B4F, based in Japan, is a premier online luxury retailer specializing in authentic products from over 3,000 partner brands, offering exclusive deals and enhancing the shopping experience for discerning customers.K.K.B4F operates as an online luxury retailer. Established in 2010 and headquartered in Tokyo, Japan, the company has received Series A funding of JPY 3 billion from Goldman Sachs and ITOCHU Corporation in April 2019. It has completed a total of 2 deals and currently holds a valuation of JPY 5,882.35 mn.Milleporte operates as a premier online luxury retailer, specializing in providing exclusive offers on authentic products from over 3,000 partner brands. The company's core offerings include a diverse range of luxury goods encompassing fashion, beauty products, and lifestyle items, catering to a clientele that values high-end quality and exclusivity. The platform is designed to enhance the shopping experience by delivering member-only deals and new product information directly to users, facilitating easier access to luxury goods that may otherwise be less accessible. Milleporte primarily serves customers in Japan and has established a reputation for significant discounts, offering products at prices that can be as much as 80% off retail. The service is tailored to both individual consumers seeking luxury items at competitive prices and brands aiming to reach a discerning customer base in the luxury sector.Milleporte generates revenue through a direct-to-consumer model, leveraging both membership subscriptions and transactional sales. Customers gain access to exclusive deals and offers by registering as members, which allows the company to build a loyal customer base while ensuring a consistent revenue stream from subscription fees, if applicable. The transactional structure is straightforward, with members purchasing luxury items directly from the platform. The pricing strategy emphasizes substantial discounts on high-end products, enhancing appeal to cost-conscious luxury consumers. While specific pricing details for individual products are not disclosed, the company's offerings are structured to provide significant savings compared to traditional retail prices, thereby attracting a broad audience within the luxury market.In April 2019, K.K.B4F raised JPY 3 billion in Series A funding from Goldman Sachs and ITOCHU Corporation to support its growth initiatives. The company intends to expand its offerings and enhance its platform, with potential new product launches aimed at improving customer experience. Plans for entering new markets are under consideration, focusing on regions that demand luxury goods, although specific locations and timelines have not been disclosed.

## Funding rounds

- Series A, Mar 4, 2010 — Partech Partners, HV Capital, Tengelmann Ventures Management

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series A
- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Series A
- Tengelmann Ventures Management (https://capitalatlas.ai/funds/tengelmann-ventures-management) — Series A