Olivela
Latest round
- Series A
Last raised
- Sep 2019
Total raised
- $35M
Investors
- 1
About Olivela
Olivela, Inc.Founded in 2017 and headquartered in New York, US, Olivela operates as a luxury fashion and beauty retailer specializing in high-end apparel, accessories, and jewelry.Olivela operates as a luxury fashion and beauty retailer, specializing in high-end apparel, accessories, and jewelry from renowned designers. The company’s core offerings encompass a curated selection of items that promote both style and social impact, with 20% of net proceeds from each purchase directed toward various causes, including health, safety, and gender equality initiatives. Olivela serves a diverse clientele, targeting fashion-conscious consumers who are interested in making socially responsible purchasing decisions. The platform features a wide range of products including dresses, jewelry, beauty items, and accessories, appealing primarily to customers in the United States and select international markets.Olivela generates revenue through direct sales of luxury fashion items, operating on a transaction structure that involves direct-to-consumer sales. Customers purchase products through the company’s website, where the pricing reflects the premium nature of the items, with a percentage allocated to charitable initiatives. The business model emphasizes ethical consumerism, encouraging customers to engage with both the products and the impact of their purchases. The revenue structure is supplemented by promotional offers, such as discounts for first-time buyers and loyalty rewards for repeat customers.In September 2019, Olivela, Inc. The company plans to launch new product lines designed to enhance its fashion offerings and cater to evolving consumer preferences. Additionally, Olivela is exploring expansion into international markets to increase its global footprint, with specific plans for market entries in Europe and Asia by 2023.
Who invested in Olivela
1 investor across 1 round
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Funding rounds
Series A
Sep 4, 2019
Amount
$35M
Investors
Questions about Olivela
Who invested in Olivela?
Olivela has 1 investor 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 Olivela raised?
Olivela has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Olivela last raise money?
Olivela's most recent round on record is a Series A, in Sep 2019.
What does Olivela do?
Olivela is a retail company.
Where is Olivela headquartered?
Olivela is headquartered in New York, US.
Which VCs invest in companies like Olivela?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back retail companies at Olivela's stage. Their profiles are linked below.
VCs backing retail startups at Series A
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