NG Solution Team
Tech Startups

Atorie raises $9.5M to sell luxury-made goods without the markup

Atorie announced a $9.5 million seed round from investors including a16z speedrun, Night Capital and Lightspeed Ventures’ Jeremy Liew, and said it now sells handbags and clothing made from the same materials and in the same factories as high-end brands at much lower prices. An example cited by the company is an Italian leather handbag priced at just a few hundred dollars versus the thousands charged by brands such as Prada or Louis Vuitton.

The startup positions itself amid rising interest in dupe culture and growing consumer backlash against rapid luxury price increases. Co-founder Redouane Ramdani, a serial entrepreneur who previously built Snipfeed (acquired in 2024), said Atorie’s products are mostly not dupes. “It’s the same material, same craftsmanship,” he said. He also rejected the fast-fashion label: “It’s slow.”

Ramdani, who grew up in France in a family involved in luxury manufacturing, described a shift in factories’ roles: the best factories now have their own design and product-development capabilities, can adapt quickly and produce in smaller batches. That change, he said, helps reduce the large minimum orders and overproduction that once left factories and brands exposed to inventory risk.

AI plays a central role in Atorie’s approach. The company uses AI to analyze fashion trends, test color options, estimate consumer demand and predict when materials may run short so factories can restock in time. Ramdani also said AI agents will change the shopping experience in the future, with people instructing agents to buy for them.

Atorie’s model and AI tools

Atorie calls itself an AI-powered fashion brand that connects luxury manufacturers directly with consumers. The site offers an AI agent that can build an outfit from whatever or whoever inspires a customer, and the platform learns shoppers’ habits to make subsequent suggestions. Ramdani said Atorie is already seeing an increase in sale referrals from platforms like ChatGPT and Claude.

He compared the company’s approach to retailers known for high quality at low prices, noting the target is a generation seeking well-made, on-trend items rather than pure fast fashion. “We are talking to a different generation who is coming back for things that are trendy but well-made,” he said.

Funding, growth and plans

Atorie finished last year with around $5 million in sales and expects to reach an annualized run rate north of $55 million this year. The company said it is working with over 40 factories worldwide. Ramdani said the new capital will fund logistics, build additional AI tools and support production. The startup also plans to release its own in-house line, described as similar to Amazon Essentials, and to work with creators and influencers to help them launch clothing lines quickly.

Ramdani summed up the company’s market aim: to become an alternative to Zara by offering very high quality at a price point that is very affordable. “We are growing super fast,” he added.

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