NEW YORK (October 14, 2015) – Eleven James, the pioneering experience platform that provides dynamic access to luxury timepieces, today announced the completion of its Series A financing round. The specific details were not disclosed. In addition, Olivier Reza, an advisor to the two lead investors in Eleven James, has joined the Company’s Board of Directors. The announcement was made today by Randy Brandoff, Founder & CEO of Eleven James.
Said Mr. Brandoff, “I am delighted this round of funding was so successful. This financing provides us with the necessary resources to meet the robust demand for memberships and our unrivaled collection of luxury timepieces, as well as enables us to continually scale our member services and experiences.” Continued Mr. Brandoff, “I am confident our new investors will serve as invaluable partners at this critical juncture. Likewise, Olivier Reza is an exceptional addition to the board given his vast experience in consulting and management. I have no doubt he will make a consequential contribution to the growth and success of Eleven James.”
Said Mr. Reza, “Eleven James represents both a category pioneer and disruptive business model. It is not merely a membership-based program that provides access to an expansive collection of luxury timepieces, but also a luxury experience platform like no other. This financing will empower Eleven James to take advantage of its enormous potential. I am excited to continue my work with Randy Brandoff and his team, and believe he possesses the passion and vision to continue to lead Eleven James towards a bright future.”
Mr. Reza is the Founder and Managing Partner of Myro Capital, LLC, which provides management and financial advisory services to the house of Reza, which is considered one of the most important collections of rare gems and jewelry in the world. Previously, Mr. Reza served as Managing Director in the Mergers and Acquisitions group at Lazard Freres & Co LLC in New York. Mr. Reza is a Director of Sotheby’s.
About Eleven James
Eleven James™ is a pioneering experience platform that provides dynamic access to an unrivaled collection of luxury timepieces. Members also have access to a myriad of personalized benefits and services, as well as exclusive events and experiences. For further information on individual and corporate membership options, please visit www.ElevenJames.com or call 855-ELEVEN-J (855-353-8365).