# POLENE

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

- Industry: Consumer Products
- Headquarters: Paris, France
- Website: www.polene-paris.com/
- Total disclosed funding: $1.4M
- Latest round: Series C (May 9, 2017)
- Investors on record: 1

## About

Based in Paris, France, and founded in 2016 by co-founders Antoine Mothay, Mathieu Mothay, and Elsa Mothay, POLENE operates as a manufacturer of leather goods, including bags, backpacks, and pouches and accessories for individuals. In July 2024, L Catterton acquired a minority stake in POLENE from Eutopia.

The company provides a wide range of leather goods such as shoulder bags, crossbody bags, handbags, shopping bags, pouches, and mini bags. Moreover, POLENE offers small leather goods, including cardholders, coin purses, and microbags. Furthermore, the firm also produces a variety of jewelry, including necklaces, bracelets, rings, and earrings. Additionally, the company also provides upcycled leather products such as vases and mirrors.

The company generates revenue from the sale of its luxury leather goods through its e-commerce platform and offline retail stores. The company offers a range of products, including handbags priced between EUR 330 and EUR 420, small leather goods like cardholders starting at around EUR 150, and jewelry pieces ranging from EUR 130 to EUR 190. Additionally, Polène's revenue is generated by its offline retail stores located in Seoul, Paris, Tokyo, and New York.

## Funding rounds

- Series C, May 9, 2017, $1.4M — Eutopia

## Investors

- Eutopia (https://capitalatlas.ai/funds/eutopia) — Series C