Bag it, tag it, sell it to the merchant next door as Saclàb raises €1.6 million

If you need the bag, if no one else can help, and if you can find them, maybe you can buy from: Saclàb
Bag it, tag it, sell it to the merchant next door as Saclàb raises €1.6 million

Munich-based marketplace for pre-loved luxury designer bags Saclàb has raised €1.6 million in a seed funding round. The dosh is aimed at scaling the fledgling company’s tech infrastructure as well as bolster HR and marketing activities as it preps for a US market launch.

The €1.6 million confetti was provided by Estonia’s Trind Ventures and Germany’s G-Fund.

Founded prior to the great stay-at-home, since 2018 Saclàb has been grinding away at establishing a client network across some 20 countries, all aimed at the organised buying and selling of “waitlist bag”, i.e. those that are often deemed impossible to get ones hands on.

A €265,000 Hermès Birkin 20 Faubourg Sous La Neige

In the summer of 2022, the startup landed a whale, selling a coveted Hermès Birkin 20 Faubourg Sous La Neige bag, for what the company claims to be the most expensive handbag ever listed in Germany at €265,000.

Now stowing €1.6 million in die Tasche, Saclàb is setting its sights on the US market. 

“We are planning our soft launch in the US this year and creating an online storefront. Besides that, we have many UX/UI improvements coming up to make the selling and buying experience even more smooth and fun,” commented Saclàb co-founder Alexandra Stück.

On the investment Trind Ventures Partner Taavi Lepmets said, “It is the smartest marketplace we have ever seen. The team at Saclàb will go far and be an important part of the pre-loved luxury market for the industry where Europe is truly a global leader.”

Follow the developments in the technology world. What would you like us to deliver to you?
Your subscription registration has been successfully created.