Three years ago Round2 Capital introduced an innovative tool supporting fast growing companies build sustainable business models, entering new markets and improve their products and services. Shifting the focus from StartUps to companies with enormous growth potential and offering revenue-based financing Round2 Capital built a strong portfolio. My Private Boutique joins our group of investees!
MyPrivateBoutique (MPB) sells premium fashion and beauty products in special campaigns at discounted prices to its registered members. The Company offers current season products that can be found in boutique shelves. In October 2016 MPB launched a second platform, MyPrivateDressing, which is a customer-to-customer online marketplace for premium second-hand products.
By expanding its offering, MPB is supporting the promotion of a circular economy mindset in fashion and beauty. MPB is headquartered in Geneva and has established an operations support center in Portugal.
The company’s solid expansion strategy and its innovative digital business model are a perfect fit to our portfolio. Welcome to the Round2 family!