# Savelli

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

- Industry: Consumer Products
- Headquarters: Geneva, Switzerland
- Website: www.savelli-geneve.com
- Total disclosed funding: $7.7M
- Latest round: Series B (Feb 1, 2013)
- Investors on record: 2

## About

Savelli is a luxury brand based in Geneva, Switzerland, specializing in high-end, customizable timepieces that merge innovative technology with exquisite craftsmanship, catering to affluent clients seeking unique and stylish accessories.Founded in 2010 in Geneva, Switzerland, Savelli crafts bespoke luxury watches that integrate cutting-edge technology with artisanal design. The company has successfully completed 2 deals, with the most recent deal occurring on February 1, 2013. In this round, Savelli raised USD 4.000 mn in Series B funding from RHO Ventures and returning investor Innogest. The founder, Alessandro Savelli, has a notable history in the luxury market, emphasizing quality and exclusivity in all products.Savelli specializes in creating luxury timepieces that combine innovative technology with exceptional craftsmanship. Their offerings include customizable watches that reflect the unique style and preferences of discerning clients. The brand positions itself within the high-end market, appealing to affluent individuals who value unique and sophisticated accessories.Savelli generates revenue through the direct sales of its luxury watches, which are priced at a premium due to their bespoke nature and high-quality materials. The brand's business model includes direct sales to consumers as well as partnerships with high-end retailers, ensuring a consistent revenue stream from affluent clientele.Following the USD 4.000 mn raised in Series B funding in February 2013, Savelli plans to enhance its product line by introducing new luxury watch collections that feature advanced technology and personalization options. The company is targeting expansion into markets in Asia and the Middle East by 2025, aiming to capture a broader audience of luxury consumers. The recent funding will primarily be allocated towards developing innovative designs and increasing marketing efforts in these new regions.

## Funding rounds

- Series B, Feb 1, 2013, $4M — RHO, Innogest
- Series A, Mar 1, 2011, $3.7M — Innogest

## Investors

- Innogest (https://capitalatlas.ai/funds/innogest) — Series A, Series B
- RHO (https://capitalatlas.ai/funds/rho) — Series B