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Luzaz

Founded 2013 5 employees Equity Crowdfunding Total: $250.00K Consumer Goods, E-Commerce

General Information

Company Name Luzaz
Founded Year 2013
Employees 5
Industries Consumer Goods, E-Commerce
Funding Stage Equity Crowdfunding
Social

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About Luzaz

Luzaz is an international eCommerce business founded in 2012 by a group of professionals with expertise in commerce, computer technology, market research, and analysis. The company is based in New York City with 5 satellite offices in New Jersey, Florida, Egypt, Dubai, and Morocco. With a mission to provide a central marketplace in a region dominated by small vendors, Luzaz aims to appeal to younger consumers. The company generates revenues through online sales, memberships, transaction fees, gift card fees, and advertising on the site. Future revenue streams include advertising and vendor partnerships as the company expands. Operating initially in English and Arabic, Luzaz plans to add French and Spanish. The last investment of $250.00K Equity Crowdfunding was made on 21 September 2014. With estimated sales of $10 million, the company anticipates an increase to $15 million with the opening of its Egypt branch.

Business keywords: eCommerce, global purchasing, marketplace, international, online sales, revenue streams, multilingual website, New York City, market research, business expansion, vendor network, startup, digital advertising, professional team

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Equity Crowdfunding $250.00K -
21 Sep 2014

Luzaz Alternatives & Competitors

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FAQ About Luzaz

Luzaz.com was founded by a group of professionals with specialties ranging from commerce, computer technology, market research, and market analysts. This is the international eCommerce business that has been in the business of global purchasing. Based out of New York City, NY, we have 5 satellite of...
Luzaz was founded in 2013.
Luzaz operates in Consumer Goods and E-Commerce. Its work centres on eCommerce, global purchasing, marketplace and international.
Luzaz has approximately 5 employees.
Luzaz has completed 1 funding round, raising a total of $250.00K. The latest funding stage is Equity Crowdfunding.
Top alternatives and competitors to Luzaz include Jumia Group, Bold Strategies, a Harvest Group Company, Arkadaş, Dianthus, Aurora World, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Luzaz and Jumia Group 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 Luzaz, https://bouncewatch.com/company/luzaz, updated 14 January 2025. When citing, please name BounceWatch and link this page.

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