# LePrix

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/leprix

- Industry: Retail
- Headquarters: Bethesda, US
- Website: www.leprix.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Aug 27, 2025)
- Investors on record: 1

## About

LePrix, Inc., based in the US, is a resale platform specializing in authenticated pre-owned luxury goods, catering to B2B clients including retailers and resellers for efficient sourcing and inventory management. Founded in 2019 in Bethesda, US, LePrix, Inc. operates as a platform for sourcing authenticated luxury items. The company has successfully completed one deal, raising USD 750,000 in venture funding in August 2025 from TEDCO to enhance its operations. There are no known pivots or changes in business strategy. Currently, LePrix does not have any subsidiaries or parent companies. Elise Whang is leading the firm as CEO as of 2025. LePrix offers a comprehensive platform for sourcing pre-owned authenticated luxury goods, catering primarily to B2B clients such as retailers and resellers. The core service involves providing access to a vast inventory of luxury items, including bags, jewelry, and accessories from renowned brands such as Louis Vuitton, Hermès, Chanel, and Gucci. These products are sourced from a global network of vetted suppliers and auction houses, emphasizing the authenticity and quality of each item. The primary end users of LePrix’s offerings are businesses looking to stock luxury goods at wholesale prices, thereby addressing the demand for high-quality, authenticated second-hand luxury items in various geographical markets, including North America, Europe, and parts of Asia. This positions LePrix as a critical player in the luxury resale segment, providing a streamlined sourcing process that simplifies inventory management for its clients.LePrix generates revenue primarily through transactions involving the wholesale distribution of pre-owned luxury goods to its business clients. The transaction structure typically involves direct sales to retailers and resellers, allowing these businesses to acquire luxury items without the overhead of purchasing new inventory. Clients may benefit from special pricing plans that are tailored to the volume and frequency of their purchases, promoting higher margins on resale. By providing a platform with thousands of authenticated items and continuous inventory updates, LePrix establishes a robust channel for businesses to engage in profitable retailing of luxury brands. The firm's commitment to authenticity is supported by partnerships with independent authenticators, enhancing client confidence in their purchases and facilitating repeat transactions.In August 2025, LePrix, Inc. raised USD 750,000 in venture funding from new investor TEDCO. The company plans to use the funding to improve its platform that assists retailers in sourcing and selling authenticated secondhand luxury fashion more efficiently. Expansion into new markets is also on the horizon, although specific regions have not yet been disclosed.

## Funding rounds

- Seed, Aug 27, 2025, $0.8M — TEDCO
- Seed, Jun 1, 2020 — TEDCO

## Investors

- TEDCO (https://capitalatlas.ai/funds/tedco) — Seed