Luxe Software, a New York-based provider of cloud-based operating systems for jewelry stores, has raised $2 million in seed funding.
In addition, the company has appointed Val Katayev as its CEO and added him to the board of directors.
Investors
The round was led by Bienville Capital Management, a New York-based investment firm managing approximately $3.8 billion in assets under management (AUM). Founded in 2008, Bienville invests in visionary entrepreneurs, venture capital, and private equity funds, partnering and co-investing from the seed stage through initial public offerings (IPOs).
Luxe Software Use of Funds
The company plans to use the funds to fuel its growth, accelerate product development, enhance customer experience, and expand its footprint within the jewelry industry.
About Luxe Software
Luxe Software provides an all-in-one platform for jewelry retailers, designed to digitize and enhance their operations. The company’s software suite combines various tools to streamline and modernize jewelry store operations, including features like Point-of-Sale (POS), Customer Relationship Management (CRM), inventory management, analytics, and seamless communication. Luxe’s mission is to modernize jewelry retail with intuitive tools that enable seamless transactions and unparalleled customer experiences.
Funding Details
Company: Luxe Software, Inc.
Raised: $2.0M
Round: Seed Round
Funding Date: February 2025
Lead Investor: Bienville Capital Management
Additional Investor:
Company Website: https://www.luxesoftware.com/
Software Category: Jewelry Store Management
Source: https://world.einnews.com/pr_news/787738308/luxe-software-secures-2-million-in-seed-funding-appoints-val-katayev-as-ceo