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Eleven James has shuttered its service.
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which provides them access to a diverse collection of watch brands and styles.<ref name="auto1">{{Cite web|url=https://www.crunchbase.com/organization/eleven-james#/entity|title=Eleven James|website=CrunchBase}}</ref> The service shutdown in August 2018 due to financing issues.<ref>{{Cite news|url=https://www.hodinkee.com/articles/what-actually-happened-to-eleven-james|title=Business News: What Actually Happened To Eleven James?|work=HODINKEE|access-date=2018-09-05|language=en}}</ref>
which provides them access to a diverse collection of watch brands and styles.<ref name="auto1">{{Cite web|url=https://www.crunchbase.com/organization/eleven-james#/entity|title=Eleven James|website=CrunchBase}}</ref> The service shutdown in August 2018 due to financing issues.<ref>{{Cite news|url=https://www.hodinkee.com/articles/what-actually-happened-to-eleven-james|title=Business News: What Actually Happened To Eleven James?|work=HODINKEE|access-date=2018-09-05|language=en}}</ref>


Eleven James offers vintage watch styles as well as popular luxury brands including [[Rolex]], [[Patek Philippe]], [[Audemars Piguet]], [[Breitling SA|Breitling]] and more.<ref name="auto2">{{Cite web|url=http://www.businessinsider.com/eleven-james-lets-you-rent-rolexes-2016-6|title=This startup has raised $8 million to be the Netflix of luxury watches}}</ref> Eleven James has often been referred to as the "Netflix of watches" due to their subscription model which operates much like the disc rental plans from [[Netflix]].<ref>{{Cite web|url=https://www.forbes.com/sites/arieladams/2015/04/23/the-netflix-of-luxury-watches-eleven-james-adds-new-low-priced-149-per-month-option/#25e05b277573|title=Eleven James, The 'Netflix Of Luxury Watches,' Adds New $149 Per Month Option|first=Ariel|last=Adams}}</ref>
Eleven James offered vintage watch styles as well as popular luxury brands including [[Rolex]], [[Patek Philippe]], [[Audemars Piguet]], [[Breitling SA|Breitling]] and more.<ref name="auto2">{{Cite web|url=http://www.businessinsider.com/eleven-james-lets-you-rent-rolexes-2016-6|title=This startup has raised $8 million to be the Netflix of luxury watches}}</ref> Eleven James was often referred to as the "Netflix of watches" due to their subscription model which operated much like the disc rental plans from [[Netflix]].<ref>{{Cite web|url=https://www.forbes.com/sites/arieladams/2015/04/23/the-netflix-of-luxury-watches-eleven-james-adds-new-low-priced-149-per-month-option/#25e05b277573|title=Eleven James, The 'Netflix Of Luxury Watches,' Adds New $149 Per Month Option|first=Ariel|last=Adams}}</ref>


==History==
==History==

Revision as of 18:14, 10 October 2018

Eleven James
IndustryRetail
FoundedNew York, New York, 2013
Headquarters,
U.S.
Area served
United States
Key people
Olivier Reza - CEO
ProductsWatches
Websitewww.elevenjames.com

Eleven James was an online subscription rental service for luxury watches.[1] It was founded in 2013 in New York City and offers both men's and women's timepieces.[2] Members paid a flat monthly subscription.[3] which provides them access to a diverse collection of watch brands and styles.[4] The service shutdown in August 2018 due to financing issues.[5]

Eleven James offered vintage watch styles as well as popular luxury brands including Rolex, Patek Philippe, Audemars Piguet, Breitling and more.[6] Eleven James was often referred to as the "Netflix of watches" due to their subscription model which operated much like the disc rental plans from Netflix.[7]

History

Eleven James was founded in 2013 by Randy Brandoff, former NetJets CMO.[8] Brandoff also helped to launch Tequila Avion, a leading spirits brand made popular by the HBO series “Entourage,” where he was a co-founder and principal prior to the company’s sale to Pernod Ricard in 2014.[9] The company's name itself is a reference to the man whom Brandoff calls the prototypical Eleven James member: James Bond, the spy who's always equipped with gadgets.[6] Since launching Eleven James in 2014, the company raised $6.72 million in a Series A investment.[6] As of January 2017, Eleven James raised $30 million of additional capital.[2] To date, Eleven James has secured $38.12 million in funding from both private investors and corporations including BoxGroup, Kenny Dichter, and Jason Saltzman.[4][10]

References

  1. ^ Adams, Ariel. "Eleven James, The 'Netflix Of Luxury Watches,' Adds New $149 Per Month Option".
  2. ^ a b "This NYC Startup Just Raised $10M to Bring Luxury Watches To You - AlleyWatch". Jan 18, 2017.
  3. ^ Olson, Nancy. "Eleven James Caters To Women And Their Watches".
  4. ^ a b "Eleven James". CrunchBase.
  5. ^ "Business News: What Actually Happened To Eleven James?". HODINKEE. Retrieved 2018-09-05.
  6. ^ a b c "This startup has raised $8 million to be the Netflix of luxury watches".
  7. ^ Adams, Ariel. "Eleven James, The 'Netflix Of Luxury Watches,' Adds New $149 Per Month Option".
  8. ^ Weiss, Geoff (Dec 19, 2014). "Time Waits for No Man With This Watch-Rental Startup".
  9. ^ "About The Company".
  10. ^ Biggs, John. "Eleven James Is A New Startup That Lets You Rent Your Wrist Wear".