Launched in December 2015 by Bouchra Ezzahraoui and Sophie Kahn, co-founders and co-CEOs, in response to a lack of modern, affordable and ethical jewelry options.
The co-founders are a powerhouse coming from backgrounds in fashion and finance, they have built a brand based on transparency and products with minimal, clean aesthetics. The investment reflects AUrate’s commitment to excellent craftsmanship, quality materials and unique customer experience.
Bouchra Ezzahraoui, co-founder of AUrate, said: “Capital will enable us to invest in the talent we need to expand and expand our business, as well as to expand AUrate’s offerings and vision to provide a place for people to purchase high quality, ethically sourced and reasonably priced handmade jewelry in New York City. “That’s right.
All of AUrate’s jewelry is real gold, ethically sourced and made in New York City, enabling the team to manage the entire life cycle of their jewelry production process. Returning to local communities is a pillar of AUrate’s brand In addition to providing opportunities for the amazing NY-based craftsmen they are partnering with, AUrate is giving back to charter schools. With their ‘A Book For Your Look’ program, AUrate donates a book for every piece of jewelry purchased from an economically disadvantaged child. Most of their donations go to Mastery Charter Schools and the Bowery Mission Women’s Center. To date, AUrate has donated more than 5,000 books, a direct reflection of more than 5,000 pieces of jewelry sold.
The company has ambitious plans for the future, including the expansion of its team, the focus on marketing efforts and the opening of new stores. With a permanent location in NY, their unique pop-ups that have lasted several months, and their commitment to social impact, AUrate is positioning itself to lead the market in transforming the fine jewelry industry.
About Urate:
Founded in November 2014 by Princeton alumni and long-time friends Bouchra Ezzahraoui and Sophie Kahn, AUrate is a fine jewelry company focused on delivering high quality products at an affordable price. With the core principles of transparency, sustainability and social impact, AUrate is transforming the way people experience fine jewelry. The company has a permanent location on Madison Avenue, New York, Ny. AUrate is financed by a number of investors, including Arab Angel and Victress Capital. For more information, please visit: https://auratenewyork Com/Com
About the Arabian Angel:
Arab Angel Fund is an early stage venture capital firm focused on “Seed” and “Series A” investment opportunities with companies with potential for international expansion. Arab Angel is a strategic investment firm providing unprecedented access to brilliant entrepreneurs seeking to join the Gulf Cooperation Council (GCC), the broader Middle East & North Africa (MENA) and Western Asia markets. To find out more: http://www The arabangels Uh, Vc/
About Victoress Capital:
Victress Capital is a forum for female business leaders who want to invest in and support women-led businesses with high growth potential. To find out more about this visit: http://www Capital of Victress Com/Com
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