ISAI

French startup fund ISAI announces high-class investment in InstantLuxe

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In April, we announced that French startup fund, ISAI, officially launched with some 24 million euros. The “French entrepreneurs fund” brings together some of the 60 hottest names in French tech, including PriceMinister‘s founder Pierre Kosciusko-Morizet and the former Editor of TechCrunch France, Ouriel Ohayon. The fund announced a first investment in June, putting 1.25 million euros into the France-based, European carpooling platform, Covoiturage.fr – and has just announced a second investment in InstantLuxe, a marketplace for certified authentic luxury goods.

InstantLuxe was founded in 2009 and allows individuals and professionals to buy and sell high-end, second-hand goods from brands like Chanel, Louis Vuitton, Rolex, Bulgari, etc. All items sold on the site are delivered with a certificate of authenticity after being inspected by a network of experts. The site sells everything from jewelry to leather goods to accessories – plus, users searching for a particular item can request it for free. If all this sounds familiar, it’s probably because the model isn’t dissimilar to that of Vestiaire de Copines, another French luxury marketplace that happened to raise 1.5 million euros with Ventech in June.

ISAI’s latest investment in InstantLuxe doesn’t hit the one million mark as with Covoiturage; the amount invested is 650 K€. However, it should be sufficient to get the company’s development underway as it seems InstantLuxe already has its eye on expanding into additional European markets.

Could this be the next model to follow in the footsteps of Vente-privée and Accel’s latest investment, Showroomprivé ?

  • http://eu.techcrunch.com/2010/12/11/isai-announces-its-third-investment-in-commerce-guys/ ISAI announces its third investment in Commerce Guys

    […] investment for the fund that has previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe.  And while the transaction amount has not been disclosed, we can take a stab at a […]

  • http://jetlib.com/news/2010/12/11/french-fund-isai-brings-together-70-entrepreneurs-to-invest-in-commerce-guys/ French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys | JetLib News

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I’ll venture a wild […]

  • http://trendoloji.com/?p=560 Fransız Fonu Isai Ticaret Guys Yatırım Together 70 Girişimciler Getiriyor

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I’ll venture a wild guess […]

  • http://ebay-express.com/2010/12/french-fund-isai-brings-together-70-entrepreneurs-to-invest-in-commerce-guys/ French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys | Ebay shopping tips

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I’ll venture a wild […]

  • http://www.zooped.com/2010/12/11/french-fund-isai-brings-together-70-entrepreneurs-to-invest-in-commerce-guys/ Zooped.com - French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I'll venture a wild guess […]

  • http://statuesquejail5.wordpress.com/2010/12/12/french-fund-isai-brings-together-70-entrepreneurs-to-invest-in-commerce-guys/ French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys | Statuesquejail5's Blog

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I’ll venture a wild […]

  • http://geosync.net/general/french-fund-isai-brings-together-70-entrepreneurs-to-invest-in-commerce-guys/ French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys | geosync.net

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I’ll venture a wild […]

  • http://pazwheaton.wordpress.com/2010/12/12/french-fund-isai-brings-together-70-entrepreneurs-to-invest-in-commerce-guys/ French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys | Pazwheaton's Blog

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I’ll venture a wild […]

  • http://snipbids.com/blog/?p=14 Today’s Links | SnipBids Blog

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I’ll venture a wild […]

  • http://poppieseed123.wordpress.com/2010/12/12/french-fund-isai-brings-together-70-entrepreneurs-to-invest-in-commerce-guys/ French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys | poppieseed123

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I’ll venture a wild […]

  • http://techarticles.thepetslover.info/?p=620 French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys | Tech Articles

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I’ll venture a wild […]

  • http://investinginformation.envisagehubs.info/french-fund-isai-brings-together-70-entrepreneurs-to-invest-in-commerce-guys/ French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys | Investing Information

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I’ll venture a wild […]

  • http://yongdotzler.wordpress.com/2010/12/12/french-fund-isai-brings-together-70-entrepreneurs-to-invest-in-commerce-guys/ French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys | yongdotzler

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I’ll venture a wild […]

  • http://eu.techcrunch.com/2010/12/14/need-a-gift-for-your-kid-alven-capital-puts-e2-million-into-smallable/ Need a gift for your kid? Alven Capital puts €2 million into Smallable

    […] is in-line with the not-so-new e-commerce investment trend in France (EspaceMax, Showroomprivé, InstantLuxe…) but is perhaps one of the country’s very first investments  that addresses […]

  • http://jetlib.com/news/2010/12/14/alven-capital-pumps-e2-million-into-smallable%e2%80%99s-designer-rag-dolls-and-eco-friendly-puzzles-for-children/ Alven Capital Pumps €2 Million into Smallable’s Designer Rag Dolls and Eco-Friendly Puzzles for Children | JetLib News

    […] e-commerce investment trend in France (EspaceMax, Showroomprivé, InstantLuxe…) but is perhaps one of the country’s very first investments  that […]

  • http://ohsugar.com.au/2010/12/13/french-fund-isai-brings-together-70-entrepreneurs-to-invest-in-commerce-guys/ Oh, Sugar! » French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I’ll venture a wild guess […]

  • http://techshadez.ishadez.com/french-fund-isai-brings-together-70-entrepreneurs-to-invest-in-commerce-guys/ French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys | TechShadez

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I’ll venture a wild […]

  • http://eu.techcrunch.com/2011/05/16/boticcas-high-end-designer-marketplace-scores-1-5-million/ Boticca’s high-end designer marketplace scores £1.5 million

    […] of investors – including France’s entrepreneur fund ISAI (who is also an investor in InstantLuxe, a luxury goods marketplace), Bobby Yazdani, the founders of Links of London and Japan’s […]

  • http://mindspew.net/?p=3002 French Fund ISAI Brings Together 70 Entrepreneurs to Invest in Commerce Guys | Mind Spew

    […] from these companies, which previously invested in carpooling platform Covoiturage and the high-class online marketplace, InstantLuxe. And while the transaction amount has not been disclosed, I’ll venture a wild […]

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