(IDEX Online) - TrueFacet, which sells mostly pre-owned watches and jewelry items, has raised $10 million in a financing round, according to reports.
The New-York based company sells pre-owned authenticated watches and jewelry.
The company says it has more than 40,000 watches and 55,000 pieces of pre-owned authenticated watches and jewelry for sale on its site.
It has more recently begun offering pre-owned timepieces directly through brands like Fendi Timepieces, Raymond Weil and Roberto Coin, according to Pixr8.com.
The firm recently announced it was linking up with Stephen Silver Fine Jewelry which sells high-end timepieces to wealthy people in the San Francisco Bay Area and in Silicon Valley.