By  on June 26, 2019

Direct-to-consumer fine jewelry brand AUrate has closed a Series A round of fund-raising totaling $13 million.

The brand, launched in 2017, was founded by former Goldman Sachs trader Bouchra Ezzahraoui and Marc Jacobs strategist Sophie Kahn. They sell streamlined gold and precious stone designs largely priced under $1,200, with the average piece costing around $250. Product is retailed through AUrate’s web site as well as the brand’s stand-alone boutiques in Williamsburg, Brooklyn, and Washington, D.C.

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