What is Luxury Promise's business focus and history?
Luxury Promise is a funded company based in London, United Kingdom, founded in 2017 by Sabrina Sadiq and Adam Sadiq. It operates as a social commerce platform specializing in the buying, selling, and swapping of pre-owned luxury goods through live shopping experiences. Luxury Promise has raised a total of $18.55 million in funding over 3 rounds. The company has 30 employees and offices in London, Dubai, New York, and Singapore.
Luxury Promise Corporate Details & Core Services
Luxury Promise is a social commerce platform specializing in the buying, selling, and swapping of pre-owned luxury goods through live shopping experiences. The company offers a secure marketplace for authentic designer items, employing AI technology and expert authentication processes to ensure trust and transparency.
Luxury Promise Contact Information & Official Links
What are Luxury Promise's Key Business Metrics & Stats?
No of employees 30
Founded year 2017
Type private
SAICS CODE 5632
NAICS Code 448310
Industry Retail Luxury Goods and Jewelry
Location London, England, United Kingdom
Pricing Strategy Fixed Pricing, Installment Payments
Luxury Promise
Firmographic Snapshot
2026
2017
Founded Year
30
Global Employees
United Kingdom
Headquarters
Retail Luxury Goods and Jewelry Industry
Private
Type
Verified by
DexterAgent.ai
How much funding has Luxury Promise raised to date?
Name
Description
Funding Amount
USD 3.8 Million
Stage
Series A
Latest Valuation
42 Million (USD)
Lead Investor
Beringea
Investors
Beringea, Lloyd Amsdon, Watchfinder
What are Luxury Promise's Core Products?
Name
Description
Pre-Owned Designer Bags
A curated selection of authenticated pre-owned designer handbags from brands like Hermès, Chanel, and Louis Vuitton.
Fine Jewellery
A range of fine jewellery pieces, including rings, necklaces, and bracelets from luxury brands.
Accessories & Jewellery
Luxury accessories and jewellery items, including scarves, belts, and watches.
Ready to Wear & Footwear
Pre-owned designer clothing and footwear for men and women.
What are the latest developments at Luxury Promise?
Date
Type
Description
January, 2022
Funding
Luxury Promise raised $11 million in a funding round led by Beringea.
Luxury Promise VS SSENSE VS The RealReal VS Vestiaire Collective : 2026 Comparison
Feature
Luxury Promise
SSENSE
The RealReal
Vestiaire Collective
Core Strengths Pre-Owned Designer Bags, Fine Jewellery, Accessories & Jewellery, Ready to Wear & Footwear
SSENSE Mobile App
Women's Fashion, Men's Fashion, Jewelry, Watches, Home & Art
Pre-Owned Luxury Fashion Marketplace
Founded Year 2017
2003
2011
2009
Stock Name/Ticker REAL (NASDAQ)
Type private
private
public
private
Global Employees 30
1161
3200
800
Revenue (Annual) $5 Million(2025)
$750 Million(2021)
$600 Million(2024)
$275.2 Million(2022)
Headquarters London, England, United Kingdom
Montreal, Quebec, Canada
San Francisco, California, United States
Paris, ÃŽle-de-France, France
Latest Valuation $42 Million
$4 Billion
$1.9 Billion
$1.1 Billion
LATEST REVENUE (TRILLIONS USD)
EMPLOYEE COUNT (THOUSANDS)
INNOVATORS
VISIONARIES
DISRUPTORS
GIANTS
SSENSE
750 | 1161
The RealReal
600 | 3200
Vestiaire Collective
275.2 | 800
Competitive Landscape 2026
DexterAgent.ai
What are Luxury Promise's official legal and registration details?
Name
Description
Legal Name
Luxury Promise Ltd
Cin number
GST number
Registration number
10304431
Who is in Luxury Promise's executive leadership team?
Name
Designation
CEO
Sabrina Sadiq
Where are Luxury Promise's primary office locations?
City
Country
London
United Kingdom
Dubai
United Arab Emirates
New York
United States
Singapore
Singapore
What are the current business signals and market intelligence for Luxury Promise?
Spending next 3 months
Technology Development, Market Expansion, Customer Acquisition
Pain points
Authenticity Concerns, Limited Access to Luxury Goods, High Prices of New Luxury Items
Sales motion
Direct-to-Consumer, Live Shopping Events
Buyer Persona
Fashion Enthusiasts, Luxury Collectors, Bargain Hunters
Type of customer
Individual Consumers
Key customer domain
Annual ACV
$500 - $5,000
What is Luxury Promise's annual revenue history?
Year
Revenue (USD)
2025
5 Million
What are Luxury Promise's risk management and compliance ratings?
GDPR RIsk
No
Privacy Risk
No
Company Ratings
4.3
Glassdoor Rating
Saas
No
Offline Stores
Yes
Service
Yes
Ecommerce
Yes
Exporter
Yes
Mobile App
No
Retail
Yes
B2B
No
B2C
Yes
Manufacturing
No
Wholesale
No
Importer
No
