The Luxury Closet is a leading online marketplace for buying and selling luxury pre-owned fashion items, including bags, shoes, clothing, and jewelry. Founded in 2012 in Dubai, it has established itself as a trusted platform with a focus on sustainability and authenticity, offering a wide range of designer products from over 1,000 brands. The company has achieved significant traction, with over 2.4 million shoppers and 2,500 new arrivals every week, making it the largest luxury resale marketplace in the Middle East. Its commitment to circular fashion and a lifetime authenticity guarantee sets it apart in the luxury market.

Accounting & Finance

Software Engineering

Product

Design

Data Science

Quality Assurance

Customer Service

Dubai - United Arab Emirates

The Luxury Closet

e-commerce marketplaces

MEVP is a Middle East-focused venture capital firm that invests in the early and growth stages of innovative companies run by talented entrepreneurs primarily, but not exclusively, in the Middle East Region with a focus on the GCC and Levant markets. With offices in Beirut, Dubai and Silicon Valley and more than USD 120 million in Assets Under Management, MEVP is the largest and most established VC firm in this region, with clear cross border investment appetite. MEVP has a unique combination of backgrounds and expertise that allows it to partner with innovative entrepreneurs and help them grow and develop, especially in their early stages. We believe that, today, timing is ideal to start companies in our region. The region has a young, middle-class population that is rapidly growing, disposable income is increasing due to economic growth and societies are more aligned with global culture due to higher levels of connectivity. These trends offer opportunities for innovative entrepreneurs to build market-leading ventures. We seek passionate entrepreneurs with young companies or fresh ideas that are innovative in their fields. These innovations could be in their product, service, business model, or value chain. Their differentiated and proprietary edge will allow them to build a great brand, customer loyalty, and a robust, healthy business. We favor the consumer technology, consumer products and consumer services sectors, but also consider ventures in other areas, such as logistics, food processing, and hospitality, among others.

MEVP Capital

MEVP

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