Atorie raised $9.5 million in a seed round led by a16z speedrun, with Night Capital and Lightspeed's Jeremy Liew participating and no valuation disclosed.
The startup sells handbags and clothing made in the same factories and from the same materials as luxury brands, at a fraction of the price, positioning as a 'luxury Temu' and a Quince rival.
Founded in 2024 by ex-Snipfeed CEO Redouane Ramdani and former Google AI specialist Luis Angulo, it works with 40-plus factories and uses AI for demand prediction and shopping.
The company reported ~$5 million in sales last year and projects a $55 million-plus run rate this year, a more-than-tenfold jump that is company-stated and unverified, in a model luxury brands coul…
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