/Companies

TrueFacet

Techstars '14

New York, US · Founded 2014 · Delaware corporation · 11 known investors

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TrueFacet is an online marketplace for pre-owned and new luxury watches and jewelry from brands such as Rolex, Cartier, and Van Cleef & Arpels, with each item lab-tested and authenticated. It serves buyers and sellers seeking certified authentic luxury goods.

Founders & leadership

TrueFacet was founded in 2014 by Tirath Kamdar.

TKTirath Kamdar
Tirath KamdarCEO and Co-Founder2013–2019Tirath Kamdar co-founded TrueFacet in 2014 and previously held leadership roles at eBay managing global category P&Ls and driving eCommerce growth across multiple high-growth startups and public companies. He holds an MBA from Kellogg and brings over 20 years of experience in marketplace operations, category management, and scaling businesses from $10M to over $150M in revenue.
CC
Christopher ChanNamed on SEC filing

Investors · 11

Also in the syndicate · 2

Liquid2 VenturesTrilogy

Reported raises · per SEC filings

Form D private placements

$17.9M disclosed across 3 rounds · 2015–2018

▶$7.1MraisedDec 2018 · 11 investors · Retailing
Rule 506(b)
Officers, directors & promoters on the filing
  • Tirath KamdarExecutive Officer, Director
  • Christopher ChanExecutive Officer, Director
  • Jason StofferDirector
Offering amount
$9.9M
Amount sold
$7.1M
First sale
Dec 2018
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$6MraisedSep 2016 · 21 investors · Retailing
Rule 506(b)
Officers, directors & promoters on the filing
  • Francois KressDirector
  • Jason StofferDirector
  • Christopher ChanExecutive Officer, Director
  • Tirath KamdarExecutive Officer, Director
Offering amount
$6M
Amount sold
$6M
First sale
May 2016
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.8MraisedJun 2015 · 28 investors · Retailing
Rule 506(b)
Officers, directors & promoters on the filing
  • Tirath KamdarExecutive Officer, Director
  • Christopher ChanExecutive Officer, Director
Offering amount
$4.8M
Amount sold
$4.8M
First sale
May 2015
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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The RealRealThe RealReal is an online marketplace for authenticated luxury consignment, allowing consumers to buy and sell pre-owned designer clothing, accessories, jewelry, watches, and home goods.
Poshmark, Inc.Poshmark is a fashion resale marketplace that enables individuals to buy and sell secondhand clothing and accessories through a mobile-first platform. The company operates a community-driven commerce model focused on sustainable fashion across the U.S. and Canada.
HodinkeeHodinkee offers insurance for watches and jewelry, underwritten in partnership with insurer Chubb, providing worldwide coverage with no deductible on covered losses. Each watch is insured up to 150% of its insured value, capped at the total policy value.
Brilliant EarthBrilliant Earth is an online jewelry retailer focused on sourcing and selling ethically-produced gemstones and precious metals. The company emphasizes supply chain transparency, sustainable materials, and community impact through its mission-driven business model.

Companies working in the same space as TrueFacet.

In the news

Frequently asked questions

What does TrueFacet do?
TrueFacet is an online marketplace for pre-owned and new luxury watches and jewelry from brands such as Rolex, Cartier, and Van Cleef & Arpels, with each item lab-tested and authenticated. It serves buyers and sellers seeking certified authentic luxury goods.
Who founded TrueFacet?
TrueFacet was founded by Tirath Kamdar in 2014.
Who are TrueFacet's investors?
TrueFacet's investors include Rosecliff Ventures, Techstars, Western Technology Investment, Founders' Co-op, Freestyle Capital, Liquid Ventures, Maveron, Social Leverage and 1 more.
How much funding has TrueFacet raised?
TrueFacet has disclosed $17.9M raised across 3 rounds.
Where is TrueFacet headquartered?
TrueFacet is headquartered in New York, US.