SACLÀB, an online marketplace for super luxury handbags, has successfully closed a €1.6 million seed round to fund its expansion plans, including a soft launch in the U.S. market.

Target Information

SACLÀB, founded on February 1, 2018, by siblings Alexandra and Jan-Oliver Stück, is an online marketplace based in Munich that specializes in the buying and selling of rare super luxury handbags. The company has established a robust client network across over 20 countries and is recognized as a premier destination among collectors for acquiring 'waitlist bags.' Notably, in the summer of 2022, SACLÀB made headlines by selling the most expensive handbag listed in Germany—a rare Hermès Birkin valued at €265,000.

Initially, SACLÀB operated independently without external funding, relying on bootstrapping to fuel its growth. This approach, while uncommon in the fast-paced startup landscape, allowed the founders to build a scalable business model with organic progress in various sectors. With the support of angel investors in 2021 and a recent successful seed round completion in 2023, raising €1.6 million, the company is poised for expansive growth, with plans to launch in the U.S. market shortly.

Industry Overview

The e-commerce sector is highly competitive, particularly following declines in online sales post-pandemic. However, a notable exception is the fashion resale market, which has nearly tripled in