Flont
About this raise
With Flont, you don’t have to buy jewelry - you can just rent it! Flont is revolutionizing the fine jewelry experience by allowing members to borrow, rather than buy, new items each month for just a monthly fee starting at just $59. Members can then either purchase the pieces they love, or return it for something new. They carry designers like Bulgari, Cartier, and Tiffany & Co., along with exclusive partnerships with 30 leading designers. 10% of Flont members buy a piece they love within 3 months, and the company has already raised $2.4 million from investors like Carmen Busquets, the ex CEO of Revlon, and the ex CMO of Coach. The bottom line? Now you can access unlimited fine jewelry -- and Flont it all you want!
Investment Overview
Invested : $12,030
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 06/29/2018
- Close Date
- 09/27/2018
$10,000
$107,000
$320
Equity - Preferred
RegCF
$0.80
$16,100,000
Company & Team
Company
- Year Founded
- 2016
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Capital Intensity
- Location
- New York, New York
- Company Website
-
Visit Website
Team
- Employees
- 7
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/27/2018 | StartEngine | $16,100,000 | $12,030 | Equity - Preferred | Funded | RegCF |