| Website | portero.com |
| Blog | porteroluxury.blo... |
| Category | eCommerce |
| Employees | |
| Founded | 2004 |
| Description | Authentic Luxury Marketplace |
| Series B, 2/09 LFE Capital The Grosvenor Funds | $6.6M |
Portero is the Leading Authentic Luxury Marketplace providing a trusted place for consumers to find and buy new and vintage luxury items. Portero accomplishes this by operating a fast growth market platform that facilitates sales of luxury items by offering certified dealers, vendors and brands a unified selling platform that maintains brand and item integrity and the assurance of authenticity. Items on Portero.com include pre-owned (often in original packaging), vintage and new. All are certified and guaranteed authentic with a focus on watches, accessories, handbags and jewelry (and art).
Portero’s industry expertise, combined with their new, innovative technology delivered in 2009, will position the company to deliver a superior and varied consumer shopping experience beyond the site’s current successful auction platform, including e-commerce, private member sales, brand event merchandising and product-of-the-day offerings. In 2008, Portero reported over 100 percent increase in revenue year-over-year, and projects revenues to increase by more than 100 percent in 2009.
