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SECRET SALES

Brand · Technology, Information and Internet

2.7

Company overview

Secret Sales is a premium e-commerce marketplace for fashion, footwear, accessories, and beauty. It’s a revolutionary new business model disrupting the discount sector, solving the problem of excess inventory: a direct-to-consumer digital channel allowing brands and retailers to sell non-full price stock in a way that drives growth and profitability, maintains brand equity and, in an industry-first, identifies new customers for full-price targeting in a fully GDPR compliant way. Retail entrepreneurs Chris Griffin and Matt Purt acquired Secret Sales in March 2020, moving the business from an antiquated members-only flash sales website to a dedicated marketplace. Dolce & Gabbana, Versace 19v69, G-Star Raw, Superdry, Jigsaw, Ted Baker, adidas, LuLu Guinness and LK Bennett are among over 2,800 luxury and high street brands currently featured on the site. Products are displayed in a clean and stylish environment with complementary product and brand adjacencies, away from cluttered listings associated with traditional marketplaces and long delivery times commonly experienced on flash sales websites. The plug-and-play platform enables brands to digitally connect supply chain and inventory systems to Secret Sales and trade more efficiently, without the need to physically move stock to a third-party seller. It’s a technology and marketing-led proposition that acts as an efficient extension of a fashion brand’s e-commerce operation. 50 million unique users visit Secretsales.com annually, growing +40% YoY. The website has 13 million registered account holders. Headquartered in the UK, Secret Sales also has operations in the Netherlands, Belgium, Spain and Ireland.
Founded in 2020
London, England, GBR
156 employees (18 in marketing)
0% recommend to a friend
0% positive business outlook

Salaries

Typical salary range

£30,000 – £50,000

/ yr

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People

Hiring activity

Open marketing jobs over time

1 open now

Headcount trend

Company growth over the last 12 months

Headcount 0% year over year

Funding

Total funding

$21.8M

Last raise

$10M

Series B

Funding history

May 2023

Series B · $10M

Jun 2021

Series A · $11.8M

Audience

Monthly website visitors
3.5M
Month over month-2.5%
Quarter over quarter+6.8%
Top sourceSearch (37.7%)
Ad budget per month$590.7
Average search rank36.8
Traffic source mix
Search
37.7%
Direct
19.5%
Referral
6.1%
Social
5.2%
Paid referral
5%

LinkedIn followers

Follower count and growth

Total followers

14.7K

12-mo growth

+8.7%

Monthly growth

+1.9%

News

Links