Geelbe is a private internet purchasing club providing its members with access to coveted fashion and luxury lifestyle brands.
Business Model:
Revenue: $0
Employees: 11-50
Address:
City: Bogotá
State: Distrito Especial
Zip:
Country: Colombia
Headquartered in Buenos Aires, Argentina, [Geelbe](http://www.geelbe.com) is a privately held company dedicated to providing its members with access to coveted fashion and luxury lifestyle brands at sample sale prices, from 30 to 85 percent off retail price. **Geelbe** hand selects both established and up and coming brands relevant to its membership base. Each **Geelbe** Shopping Event is designer-specific and held over a seven day period or until everything is sold. The **Geelbe** production team creates a special image to introduce each designer and brand to its membership. Each Shopping Event is announced by email, facebook, twitter, blogs, and many other ways. During the hour after the weekday sales kick off, between noon and 1 pm, the site is visited by an average of roughly 10,000 shoppers. For that time, it might as well be the most crowded store in Latin America. Brands consider **Geelbe** as a real, cost effective, organized, growing and money making retail. This is why **Geelbe** works today with more than 400 designers and brands. Customers see **Geelbe** as their daily, funny, rewarding, changing, favorite Shopping Stop. This can be graphically seen in our aggressive growth of members. **Geelbe** was founded in 2008, by Agustin Pallotti and Gaston Bercun, and nowadays has active operations in Mexico, Argentina and Colombia, leading the segment in each market, and the management team is confident on continuing successfully on the execution of their expansion plan.llllllllllllllllllllllllllllll
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 5/2009 | Series A | $1.2M | 12/2009 | Series B | $3.2M | 9/2008 | Angel Round | $300k |
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