- Companies
- Saks.com
Saks.com Valuation, Funding & Investors
Saks.com is valued at $2B as of March 2021.
Last Saks.com valuation
$2B
Undisclosed stage · Mar 2021
Last Saks.com funding round
$500M
Undisclosed stage · Mar 2021
Cumulative funding Saks.com raised
$500M
across 1 funding round
Key investors in Saks.com
Insight Partners
About Saks.com
Saks.com is a New York-based e-commerce platform specializing in luxury fashion and accessories. Established as a standalone division from Saks Fifth Avenue, it enhances digital shopping with advanced styling services, data-driven personalization, and a hybrid model blending retail curation with third-party marketplace offerings. The platform targets expansion in the online luxury sector through investments in user experience and broader assortment availability.
Founded
2021
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Valuation
$2B (Mar 2021)
Saks.com Valuation
Saks.com is currently valued at $2B, based on its undisclosed-stage round in March 2021.
The $500M round was led by Insight Partners.
Saks.com valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2021 | Undisclosed stage | $2B |
Saks.com Funding History
Saks.com has raised a total of $500M across 1 funding round.
Saks.com funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2021 | Undisclosed stage | Insight Partners (lead) | $500M | $2B | Saks Fifth Avenue's parent company HBC partnered with Insight Partners to establish the company's e-commerce business as a standalone entity. Insight Partners invested $500 million in the newly formed Saks e-commerce business, valuing the company at $2 billion post-money. HBC retained a majority stake while Insight Partners took a minority equity position. Marc Metrick, who had been leading Saks Fifth Avenue's e-commerce operations, became CEO of the new standalone company. The transaction reflected a strategic decision by HBC to unlock value from its digital assets by separating the e-commerce platform from the company's 40-store physical retail fleet, which continued operating as SFA under HBC ownership. The new Saks company was positioned to serve the luxury e-commerce market as a hybrid retail and marketplace platform designed to expand product assortment while maintaining a curated shopping experience. |
Who has invested in Saks.com?
1 investor has backed Saks.com across its funding rounds, including Insight Partners.
Lead investors include Insight Partners.
Saks.com Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Saks.com investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialSaks.com Competitors
Saks.com competitors include listed companies like ACV Auctions and Modivo, and private ones like Farfetch China, Valentino, Licious and Misfits Market.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2B | - | ||
| Private | $1.6B | $402M | $5.8B | 3.6x | ||
| Private | $45M | - | $2B | - | ||
| Private | - | - | $2B | - | ||
| Publicly listed | $760M | ($19M) | $1.8B | 2.1x | ||
| Publicly listed | $2.9B | $224M | $1.8B | 0.9x |
Saks.com Public Comps
Saks.com is still privately-owned, but its public comps include Polibeli Group, Watches of Switzerland, Lao Feng Xiang, momo.com, China National Gold Group, Blibli, ACV Auctions, Beijing United, Modivo and Capri Holdings.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $26M | ($4M) | 76.5x | - | (495.5x) | - | |||
| $2.5B | $363M | 1.1x | 1.1x | 7.5x | 9.5x | |||
| $7.9B | $500M | 0.2x | 0.2x | 2.9x | 3.5x | |||
| $3.4B | $148M | 0.6x | 0.6x | 13.2x | 12.2x | |||
| $10B | $59M | 0.1x | 0.1x | 18.7x | 16.9x | |||
| $1.3B | ($83M) | 1.9x | 1.6x | (28.2x) | (21.5x) | |||
| $760M | ($19M) | 2.3x | 2.1x | (89.6x) | 24.8x | |||
| $7.6B | $373M | 0.3x | 0.2x | 5.9x | 5.5x | |||
This data is available for Pro users. Sign up to see all Saks.com competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Saks.com
| When was Saks.com founded? | Saks.com was founded in 2021. |
| Where is Saks.com headquartered? | Saks.com is headquartered in New York City, NY, United States. |
| Is Saks.com publicly listed? | No, Saks.com is a private, VC-backed company. |
| What is Saks.com's valuation? | Saks.com was last valued at $2B in its undisclosed-stage round in March 2021. |
| How much funding has Saks.com raised? | Saks.com has raised $500M across 1 funding round. |
| What was Saks.com's last funding round? | Saks.com's last funding round was a $500M undisclosed-stage round in March 2021, led by Insight Partners. |
| Who are Saks.com's investors? | Saks.com's investors include Insight Partners. |
| Which companies are comparable to Saks.com? | Companies comparable to Saks.com include Farfetch China, Valentino, Licious, Misfits Market, ACV Auctions and Modivo. |
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