Verishop

Verishop is a premium lifestyle destination for everyday luxury in fashion, beauty, home and more.

Verishop's mission is to build an ever-evolving platform that brings the joy back to online shopping.

Verishop was launched in Feb 2019 by Imran Khan and Cate Khan. The company is headquartered in Santa Monica, California.

 

Verishop provides a luxury shopping platform for consumers. The company has created a marketplace with more hands-on help for luxury brands, a clientele that's been mostly neglected by bigger online retailers like Amazon and Walmart.

 

Verishop introduced a Verified Shops program, allowing vetted companies to sell products through the platform and market to shoppers via shoppable content. The company launched a Shop Party tool, which lets up to five users shop virtually together and see what one another is buying.

 

Verishop currently has $1.4 billion in inventory and more than 4,000 brands on its platform. The company counts Abercrombie & Fitch, Citizens of Humanity, Lancôme, Joie, RMS Beauty, and Coach as its customers.

 

Verishop is backed by Lightspeed Venture Partners, Madrona Venture Group, Rakuten, Lion Capital, and others. The company raised $40M in a Series B round on Jul 12, 2022. This brings Verishop's total funding to $57.5M to date.

 

 

  • Year founded: 2019
  • Funding Info: $57.5M over 3 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at over $100M as of Oct 2019
  • City/Town: Santa Monica
  • State: California
  • Country: United States
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