Company Overview

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Founded:
2004
Founders:
Michael Sheldon
Headquarters:
New York, NY
Funding:
$8M
Categories:
Auctions, Online Shopping, Marketplaces, Lifestyle, E-Commerce
Description:
Portero is an authentic marketplace enabling consumers to find and buy luxury items such as watches, accessories, handbags and jewelry.

Detailed Description

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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™ 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.

Current Team (5)

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Past Team (6)

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Funding Rounds (2) - $8M

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Investors (2)

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Offices/Locations (1)

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  • Portero Office

    415 Madison Ave, 18th Floor

    New York, NY 10017

    USA