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Luxity logo — We buy & sell authentic designer brands. We are proud to be...

Luxity

We buy & sell authentic designer brands. We are proud to be the largest & most trusted source in Africa.

Founded 2016 South Africa South Africa 33 employees Seed Fashion, Retail

General Information

Company Name Luxity
Founded Year 2016
Location South Africa South Africa
Employees 33
Industries Fashion, Retail
Funding Stage Seed
Social

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About Luxity

Luxity, founded in 2016 and headquartered in South Africa, operates as an online boutique specializing in the buying and selling of pre-owned authentic luxury goods. The company offers a wide range of coveted designer brands including handbags, shoes, accessories, and more. Luxity places a strong emphasis on the authenticity of its products, backed by a full money-back guarantee. In August 2020, the company secured a significant investment in a seed round from GrindstoneXL, marking an important milestone for its growth trajectory. Luxity's commitment to providing a seamless user experience is evident through its convenient online platform, allowing customers to browse, purchase, and receive guaranteed authentic luxury items directly to their door. Additionally, the company caters to sellers, offering a hassle-free process for individuals looking to sell their designer goods. Sellers have the option to receive immediate cash buyouts, store credit, or to list items on consignment, showcasing Luxity's flexibility and customer-centric approach. Operating at the intersection of fashion and retail industries, Luxity has positioned itself as a trusted and prominent source for luxury goods in Africa. The recent investment from GrindstoneXL is poised to further propel Luxity's expansion and solidify its standing as a leader in the region's luxury resale market.

Business keywords: luxury goods, pre-owned designer items, authentic designer brands, online boutique, South Africa, designer handbags, luxury accessories, authenticity guarantee, buying and selling, Johannesburg, Cape Town, consignment, cash buyout, data authentication

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 1
GrindstoneXL
07 Aug 2020

Luxity Alternatives & Competitors

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FAQ About Luxity

We buy & sell authentic designer brands. We are proud to be the largest & most trusted source in Africa.
Luxity was founded in 2016.
Luxity is headquartered in South Africa.
Luxity operates in Fashion and Retail. Its work centres on luxury goods, pre-owned designer items, authentic designer brands and online boutique.
Luxity has approximately 33 employees.
Luxity has completed 1 funding round. The latest funding stage is Seed.
Top alternatives and competitors to Luxity include LegitGrails, OriginalSeconds, COSETTE. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Luxity and LegitGrails are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Luxity, https://bouncewatch.com/company/luxity, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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