# Luxury Garage Sale

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/luxury-garage-sale

- Industry: Retail
- Headquarters: Chicago, US
- Website: www.luxurygaragesale.com
- Total disclosed funding: $6.5M
- Latest round: Series A (Jun 1, 2016)
- Investors on record: 6

## About

Luxury Garage Sale, LLC is an online consignment marketplace specializing in luxury fashion. The company provides a platform for selling and buying pre-owned high-end items, ensuring quality and authenticity for a discerning clientele.Founded in 2010 and headquartered in Chicago, US, Luxury Garage Sale, LLC operates as an online consignment store for luxury goods. The company was initiated by Brielle Buchberg, who has a history in the luxury retail sector. In March 2018, Luxury Garage Sale raised USD 3.060 mn in venture funding led by Data Point Capital. This funding represents the total amount raised by the company through four deals since its inception.Luxury Garage Sale specializes in luxury consignment sales, providing a platform for individuals to buy and sell pre-owned high-end fashion items. Their offerings include authenticated designer clothing, handbags, and accessories, catering to fashion-conscious consumers seeking quality products at competitive prices. The company ensures a seamless shopping experience with a strong focus on customer service and quality assurance.Luxury Garage Sale generates its revenue primarily through commissions on sales made through its platform. As a consignment-based business model, it earns a percentage from each transaction while facilitating connections between sellers and buyers. This model provides stable revenue streams with scalable potential as the marketplace continues to grow.Looking ahead, Luxury Garage Sale plans to expand its product offerings by introducing new categories of luxury items and enhancing its online platform with improved user experience features. The company aims to enter new geographic markets, targeting Europe and Asia by 2025. The recent funding of USD 3.060 mn will be utilized to support these growth initiatives and enhance technology infrastructure, helping the company to reach a wider audience.

## Funding rounds

- Series A, Jun 1, 2016, $5M — Chicago Ventures, Hyde Park Angels, Data Point Capital, Pallasite Ventures, Service Provider Capital
- Seed, Feb 17, 2015, $1.5M — Chicago Ventures, Lakewest Venture Partners

## Investors

- Chicago Ventures (https://capitalatlas.ai/funds/chicago-ventures) — Seed, Series A
- Lakewest Venture Partners (https://capitalatlas.ai/funds/lakewest-venture-partners) — Seed
- Hyde Park Angels (https://capitalatlas.ai/funds/hyde-park-angels) — Series A
- Data Point Capital (https://capitalatlas.ai/funds/data-point-capital) — Series A
- Pallasite Ventures (https://capitalatlas.ai/funds/pallasite-ventures) — Series A
- Service Provider Capital (https://capitalatlas.ai/funds/service-provider-capital) — Series A