Grailed

Grailed

Online marketplace for luxury fashion resale

About

Grailed is a 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, Raf Simons, Gucci, and Prada. Sellers list their items, and buyers can browse through a selection of unique and exclusive fashion pieces. Grailed earns revenue by charging transaction fees on sales made through the platform. What makes Grailed different from other resale platforms is its strong community aspect and its focus on high-end and hard-to-find fashion items, making it a preferred choice for fashion enthusiasts.

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 demand for Grailed's curated vintage pieces.
  • Social commerce trends allow Grailed to enhance user engagement with new features like 'Feed'.
  • Growing streetwear popularity among youth expands Grailed's potential customer base.

What critics are saying

  • Competition from luxury resellers on platforms like Amazon threatens Grailed's market share.
  • The RealReal's commission changes may pressure Grailed to adjust its fee structures.
  • GOAT Group acquisition could lead to strategic shifts alienating Grailed's user base.

What makes Grailed unique

  • Grailed offers a curated selection of rare luxury, streetwear, and vintage fashion.
  • The platform connects fashion enthusiasts through a community-driven marketplace model.
  • Grailed's commitment to exclusivity and accessibility sets it apart in the resale market.

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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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