WHY WE INVESTED: The unit economics and capitally efficient nature of the automated distribution model makes it a compelling addition to a traditional retailer’s multi-channel offline distribution strategy. Utique’s approach is to focus on the high-end consumers and disrupt the market for on-the-go luxury retail.
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TEAM
Mara Segal
HEADQUARTERS
San Francisco, CA
FOUNDED
2009
CO-INVESTORS
First Round Capital, Palomar Ventures, Angels
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Utique is bringing the luxury lifestyle to automated retail. Through its U*TIQUE Shops, the company sells trendy, high-end beauty, personal care, gift and other “on the go” merchandise to young professionals who are constantly on the move. U*TIQUE’s automated retail shops can be found in boutique hotel lobbies, nightclub lounges, high-end shopping malls, and airports.
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