TrueFacet

The leading destination for online Jewelry & Watch purchases.

General Information
Company Name
TrueFacet
Founded Year
2013
Location (Offices)
San Francisco, United States +1
Founders / Decision Makers
Number of Employees
5
Industries
E-Commerce, Marketplaces, Accessories
Funding Stage
Series B
Social Media

TrueFacet - Company Profile

TrueFacet is the leading destination for online jewelry and watch purchases, offering a trusted marketplace for buyers and sellers of branded luxury items. The company, founded in December 2013 and headquartered in New York, was acquired in 2020. TrueFacet’s co-owners, Raj Seecharran (CEO), Robert Koptiev (President), and Lawrence Levinson (General Counsel), bring a wealth of experience and expertise to the business. Raj Seecharran has a strong background in investment banking, markets, and technologies. His experience in leveraging technology to drive efficiencies in inefficient markets and optimizing pricing and infrastructure equips him to lead TrueFacet effectively. Meanwhile, Robert Koptiev, a second-generation jeweler, has a deep understanding of the jewelry industry, gained through his family-owned business, Gabriel Jewelry Refining. Lawrence Levinson, an investor and systems engineer with a prestigious academic background, provides invaluable legal and engineering insights. With a $7.10M Series B investment received on 29 June 2018 from Freestyle Capital and Bullish, TrueFacet has secured the funding necessary for growth and development. Positioned in the e-commerce industry, the company has established a strong presence in the United States and continues to expand its reach in the luxury market.

Taxonomy: Online marketplace, Jewelry, Watches, Authenticity, Luxury industry, Trust, Retail marketing, Wholesale distribution, Investment banking, Technology-driven, New York, M&A

Funding Rounds & Investors of TrueFacet (6)

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Funding Stage Amount No. Investors Investors Date
Series B $7.10M 2 29 Jun 2018
Series A $6.00M 10 Rick Marini 20 Sep 2016
Venture Round $2.70M 4 22 Aug 2015
Seed Round $4.79M - 08 May 2015
Seed Round $1.70M 3 Trilogy, Howard Lindzon 10 Feb 2015

View All 6 Funding Rounds

Latest News of TrueFacet

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No recent news or press coverage available for TrueFacet.

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