Grailed

Grailed

Online marketplace for luxury fashion resale

About

Grailed is an online marketplace that focuses on the resale of rare luxury, streetwear, and vintage fashion items. The platform allows users to buy and sell curated pieces from well-known brands like Supreme, Gucci, and Balenciaga. Sellers list their items, and buyers can browse through a selection of unique fashion pieces. Grailed stands out from its competitors by emphasizing both accessibility and exclusivity, creating a community-driven environment for fashion enthusiasts. The company's goal is to connect fashion-forward individuals with unique items while generating revenue through transaction fees on sales.

Company Stage

Series B

Employees

201-500

Industries

Consumer Goods

Total Funding

$78.4M

Headquarters

New York City, null

Founded

2013


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Simplify's Take

What believers are saying

  • Increased interest in sustainable fashion boosts Grailed's focus on resale and vintage items.
  • Grailed's 'Feed' feature enhances user engagement through personalized listings.
  • GOAT Group's acquisition expands Grailed's community to 50 million members globally.

What critics are saying

  • Competition from luxury resellers on Amazon could dilute Grailed's market share.
  • GOAT Group's acquisition may lead to strategic shifts alienating Grailed's user base.
  • Grailed's 'Feed' feature may not stand out against existing social media platforms.

What makes Grailed unique

  • Grailed offers a curated marketplace for rare luxury, streetwear, and vintage fashion.
  • The platform connects fashion enthusiasts with unique pieces from renowned brands.
  • Grailed's community-driven model fosters interaction and education among fashion aficionados.

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Benefits

Stock options

Health (medical, dental, vision) insurance with 100% premium covered for some plans/coverage types

401(k) plan

FSA and HSA plans

Voluntary short-term and long-term disability insurance, supplemental life insurance, and commuter benefits. We also offer unlimited PTO, paid company holidays and wellness days, and 12 weeks of parental leave

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