About Mejuri
Mejuri offers handcrafted fine jewelry designed for everyday wear, including gold and silver pieces. The company eliminates traditional retail markups, making high-quality jewelry more affordable for a wider audience. Mejuri primarily targets fashion-oriented women who appreciate unique and trendy designs, and it operates as a direct-to-consumer brand through its website, mejuri.com. This model allows Mejuri to control the customer experience and reduce costs by avoiding middlemen. New jewelry editions are released weekly, keeping the collection fresh and appealing. Mejuri aims to provide stylish, high-quality jewelry at accessible prices, enhancing customer satisfaction with free shipping and returns.
Toronto, CanadaHeadquarters
2013Year Founded
$28.2MTotal Funding
SERIES_BCompany Stage
Consumer GoodsIndustries
501-1,000Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Flexible Work Hours
Remote Work Options
Paid Vacation
Paid Sick Leave
Paid Holidays
Sabbatical Leave
Hybrid Work Options
Stock Options
Company Equity
401(k) Retirement Plan
401(k) Company Match
Performance Bonus
Profit Sharing
Employee Stock Purchase Plan
Relocation Assistance
Employee Referral Bonus
Student Loan Assistance
Parental Leave
Family Planning Benefits
Fertility Treatment Support
Adoption Assistance
Childcare Support
Elder Care Support
Pet Insurance
Bereavement Leave
Professional Development Budget
Conference Attendance Budget
Training Programs
Tuition Reimbursement
Professional Certification Support
Mentorship Program
Wellness Program
Mental Health Support
Gym Membership
Commuter Benefits
Meal Benefits
Phone/Internet Stipend
Home Office Stipend
Legal Services
Employee Discounts
Company Social Events
Risks
Patent lawsuit from Andra over virtual showroom tech could lead to costly legal battles.
Partnership with Holt Renfrew may dilute Mejuri's direct-to-consumer brand identity.
Dependence on weekly new editions may lead to inventory management challenges.
Differentiation
Mejuri offers handcrafted fine jewelry at accessible prices, disrupting traditional retail markups.
The company uses traceable and regenerated gold, appealing to environmentally conscious consumers.
Mejuri's direct-to-consumer model enhances customer experience and reduces costs.
Upsides
Partnership with Holt Renfrew expands retail presence and brand visibility in Canada.
Launch of sustainable, lab-grown diamonds positions Mejuri as an eco-friendly market leader.
Collaborations with figures like Renée Rapp enhance brand appeal to younger demographics.
Funding
Total raised$28.21 M
Latest valuation$115.00 M
StageSERIES_B
$23
$115.00 MSERIES A
8/31/2018$5
$25.00 MEARLY VC
7/31/2016$1
$5.00 M