SecretSales
Financials
Estimates*
EUR | 2015 | 2017 | 2018 |
---|---|---|---|
Revenues | 39.9m | 14.9m | 5.0m |
% growth | - | - | (66 %) |
EBITDA | (4.7m) | 6.2m | (<1m) |
% EBITDA margin | (12 %) | 41 % | (2 %) |
Profit | (5.5m) | 5.7m | (<1m) |
% profit margin | (14 %) | 38 % | (4 %) |
R&D budget | <1m | 3.0m | 1.0m |
R&D % of revenue | 1 % | 20 % | 20 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Series A | ||
N/A | Support Program | ||
* | N/A | Acquisition | |
€10.0m | Series A | ||
* | €9.1m Valuation: €50.0m | Series B | |
Total Funding | $21.0m |
Recent News about SecretSales
EditSecret Sales is an online marketplace specializing in discounted luxury fashion, beauty, and homeware products. It caters to value-conscious consumers who seek high-quality items at reduced prices. Operating primarily in the e-commerce sector, Secret Sales partners with carefully selected marketplace sellers to offer a wide range of products, including clothing, accessories, beauty products, and home goods. The business model revolves around flash sales and exclusive deals, which drive customer engagement and repeat purchases. Revenue is generated through sales commissions and partnerships with brands. Customers benefit from free delivery and a user-friendly returns portal, enhancing the overall shopping experience.
Keywords: discounted luxury, fashion, beauty, homeware, e-commerce, flash sales, exclusive deals, free delivery, easy returns, marketplace.