Tech Company Financing Transactions
MadaLuxe Group Funding Round
MadaLuxe Group, operating out of Seal Beach, raised $15 million from Hilco Global and private investors.
Transaction Overview
Company Name
Announced On
11/6/2023
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Hilco Global (Lead Investor)
private investors (Bezikian Zareh)
Proceeds Purpose
Zelig intends to deploy the capital into technology development around its personalization capabilities and to build out additional features.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
1760 Apollo Court
Seal Beach, CA 90740
USA
Seal Beach, CA 90740
USA
Phone
Website
Email Address
Overview
Founded by the Sholl-Freede Family in 1990, MadaLuxe Group is a tech-enabled luxury distribution platform, powered by in-depth experience and unprecedented relationships. MadaLuxe's keys to success are based on 4 core capabilities: strategy, sales, distribution and marketing in the luxury sector from the world's most sought after brands. MadaLuxe also acts as an active equity investor, operator and licensee of a range of influential lifestyle brands.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Freede
Chief Financial Officer
Terry Glynn
Chief Operating Officer
Michael Hansen
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