Overview

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Total Equity Funding
$8.01M in 2 Rounds from 2 Investors
Most Recent Funding
$1.41M Venture on January 13, 2011
Headquarters:
New York, NY
Description:
Portero is an authentic marketplace enabling consumers to find and buy luxury items such as watches, accessories, handbags and jewelry.
Founders:
Categories:
E-Commerce, Auctions, Lifestyle
Website:
http://www.portero.com
Social:

Company Details

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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.

Funding Rounds (2) - $8.01M

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DateAmount / RoundValuationLead InvestorInvestors
Jan, 2011$1.41M / Venture0
Feb, 2009$6.6M / Series B2

Investors (2)

Current Team (2)

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Offices/Locations (1)

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  • Portero Office

    415 Madison Ave, 18th Floor

    New York, NY 10017

    USA

Past Team (10)

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