Grace alza 5.9 million seeds of offering insurance to luxury goods

Grace, an insurance company for luxury goods, announced a $ 6.4 million (9.9 million) led by the pintachcollective dish and fast.

Grace, an insurance company for luxury goods, works with luxury marks to protect consumer goods bought. If an item is stolen or damaged, a consumer can create a request through the grace app. For the Brand, the Grace App provides files fraud detection, trace, traction, logistic monority. Wednesday the company has announced a $ 6.4 million (5.9 million seed) SHEED LED led by finthcolleget and Speedinvest.

Confirm that is at least one major brand of luxury in Europe, as he failed to share the name.

C-founder Dana Dana said she and his founders – Quentin Roy, Ceyn Lende and Marton named this company is always provided to the extreme.

“There is clearly a massive gap between the service luxury of service and what happens the post-purchase when something is wrong, Dana said.

The number of luxury stolen goods it’s right tripled in the last few years, and is becoming Cost for fashion homes to follow. Grace says that is already working with the chubb, a world boss in insurance, to underline and secure their services.

But convincing luxury homes to adopt the new technology has always been the easiest of functions to complete. Roy said the brands struggled to control what happens to their products after a sale, especially when it goes. “We were not just offering protection,” Roy said of the company’s pitch. “We’ve helped lift his brand.”

There are other assurance techns for assurance goods, as a zing covers, that also provides special insurance for luxury goods. Roy said gracefully do not compete only one company as the intersection of ensurement ensurement, luxury services, and post-purchase protection. Kima, BPI France, and presents ofaptal all introduced to the round.

Dana told the fresh capital to help society scale across the europe and commit more people in products in products. I hope to cover more than 200,000 luxury items at the end of this year.