WatchBox
- Company typePrivate
- Founded2017
- HeadquartersMiami, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
WatchBox firmographics
Firmographics- Name
- WatchBox
- Legal name
- WatchBox
- Website
- https://watchboxglobal.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
WatchBox industry classification
Industry- Product category
- Luxury Watch Retail
- NAICS
- Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers (42394)
- SIC
- Wholesale-Jewelry, Watches, Precious Stones & Metals (5094)
- akta.pro primary industry
- Watch Retail (Authorized Dealers, Boutiques, Omnichannel) (CRAKADAL)
- akta.pro secondary industries
- Pre-owned, Vintage & Certified Pre-owned Watches (CRAKADAM), Pre-owned Watch Dealers & Exchanges (CRAKAKAB), Watch & Timepiece Retail (CRAKAGAD)
Keywords
Where WatchBox is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices12 records
Markets served
WatchBox business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Pre-owned luxury watch sales: WatchBox operates as a secondary market for luxury watches, selling authenticated pre-owned timepieces directly to collectors, with pricing based on market value and watch condition.
- Authorized retail sales: As part of The 1916 Company, the entity now serves as an authorized retailer for over 40 prestigious watch brands, selling new watches alongside pre-owned inventory.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels3 records
WatchBox product offering
Product offeringCore offering
WatchBox is a luxury watch retailer specializing in the secondary market for authenticated pre-owned luxury timepieces, complemented by educational content and expert Client Advisor services. Founded in 2017, the company combined an e-commerce platform with physical Collector Lounges globally to connect collectors with curated pre-owned luxury watches. In 2023, WatchBox merged with Govberg Jewelers, Radcliffe Jewelers, and Hyde Park Jewelers to form The 1916 Company, expanding its authorized retail access to over 40 prestigious watch brands.
Product overview
WatchBox was a secondary market platform for luxury pre-owned watches, founded in 2017 by Danny Govberg, Justin Reis, and Tay Liam Wee. The company operated as a unified marketplace combining an e-commerce platform with physical Collector's Lounges globally. Key offerings included: the core WatchBox secondary market platform; Tim Mosso's in-depth video reviews and Jack Forster's horological education content; live shopping video series (Watches Tonight, Market Wrap); and dedicated Client Advisor services at global lounges in Hong Kong, Switzerland (Neuchatel and Zurich), NYC, and Miami. WatchBox merged in 2023 with Govberg Jewelers, Radcliffe Jewelers, and Hyde Park Jewelers to form The 1916 Company, which now extends offerings to include fine jewelry, handbags, and new watches as an authorized retailer for 40+ prestige brands.
Differentiator
Problem solved
Functional benefit
Products and services
- WatchBox Secondary Market Platform
- Authorized Retail Sales (under The 1916 Company)
- Client Advisor Services
Companies that use WatchBox
Customer profileSegments3 records
Ideal customer profiles2 records
WatchBox technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
WatchBox partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Govberg JewelerscoreWatchBox merged with Govberg Jewelers, Radcliffe Jewelers, and Hyde Park Jewelers in 2023 to form The 1916 Company, consolidating luxury retail expertise and resources under one banner.
- Radcliffe JewelerscoreWatchBox merged with Govberg Jewelers, Radcliffe Jewelers, and Hyde Park Jewelers in 2023 to form The 1916 Company, consolidating luxury retail expertise and resources under one banner.
- Hyde Park JewelerscoreWatchBox merged with Govberg Jewelers, Radcliffe Jewelers, and Hyde Park Jewelers in 2023 to form The 1916 Company, consolidating luxury retail expertise and resources under one banner.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
WatchBox competitors and assessment
Company assessmentEmerging players
- TrueFacet: Online marketplace for pre-owned luxury watches and jewelry with authentication focus. Comparable secondary-market business model to WatchBox, but with a primarily digital footprint and lower brand awareness.
- Jomashop: Authorized and grey-market online retailer of luxury watches and jewelry. Comparable in watch e-commerce and discounting dynamic, though positioned more on price than on WatchBox's authentication/community-led proposition.
Broad incumbents
- Sotheby's (Watch department): Global auction house with a dedicated watch department selling important timepieces to collectors. Adjacent comparable as a venue competing for rare/pre-owned luxury watch transactions at the high end of the market.
- Watches of Switzerland Group: UK-listed authorized retailer of luxury watches (Rolex, Patek Philippe, Cartier, etc.) with showrooms in US and UK. Comparable as an authorized multi-brand luxury watch retailer but at much larger scale and broader geographic footprint than WatchBox.
- Phillips Watches: Global auction house specializing in important watches and complications. Comparable as a high-end watch transaction venue for collectors, competing for the same buyer pool at the very top of the market that WatchBox serves.
Direct peers
- Hodinkee: Luxury watch media platform that has expanded into retail of new and pre-owned watches. Highly comparable on content-led community and collector education strategy that mirrors WatchBox's Tim Mosso / Jack Forster content engine.
- Chrono24: Global online marketplace for pre-owned luxury watches, the largest pure-play secondary watch platform. Directly comparable to WatchBox on secondary-market inventory and authenticated resale, though WatchBox differentiates via physical Collector Lounges and content.
- Bob's Watches: US-focused pre-owned luxury watch dealer and exchange, most active in Rolex. Comparable to WatchBox's secondary-market, authentication-driven model and similar collector target customer.
- Crown & Caliber: Online pre-owned luxury watch retailer with buy/sell/trade model. Closely comparable business model to WatchBox's secondary-market platform, though with less global physical retail footprint.
Others
- Govberg Jewelers: Philadelphia-based authorized luxury watch and jewelry retailer that merged with WatchBox in 2023 to form The 1916 Company. Directly comparable as a peer retailer and now sister entity under the same parent conglomerate.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
WatchBox social profiles
Digital presenceWatchBox financial estimates
Financial estimateRevenue estimate
Valuation estimate
WatchBox leadership team
Management profileNumber of profiles
Profiles5 records
WatchBox funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WatchBox M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about WatchBox
What does WatchBox do?
WatchBox is a luxury watch retailer specializing in the secondary market for authenticated pre-owned luxury timepieces, complemented by educational content and expert Client Advisor services. Founded in 2017, the company combined an e-commerce platform with physical Collector Lounges globally to connect collectors with curated pre-owned luxury watches. In 2023, WatchBox merged with Govberg Jewelers, Radcliffe Jewelers, and Hyde Park Jewelers to form The 1916 Company, expanding its authorized retail access to over 40 prestigious watch brands.
Is WatchBox a public or private company?
WatchBox is a private company. It is classified as corporate owned and is currently acquired.
When was WatchBox founded?
WatchBox was founded in 2017. It employs 101 to 250 people.
Where is WatchBox based?
WatchBox is headquartered in Miami, United States, in the North America region.
How does WatchBox make money?
Two revenue lines are on record. Pre-owned luxury watch sales are the primary driver. The others are authorized retail sales.
Who are WatchBox's main competitors?
Emerging players on record are TrueFacet and Jomashop. Broad incumbents are Sotheby's (Watch department), Watches of Switzerland Group and Phillips Watches. Direct peers are Hodinkee, Chrono24, Bob's Watches and Crown & Caliber. Govberg Jewelers is listed as an others.
Does WatchBox have an API?
No public API is recorded for WatchBox.
What industry is WatchBox in?
WatchBox's product category is Luxury Watch Retail. Its primary akta.pro industry code is CRAKADAL, Watch Retail (Authorized Dealers, Boutiques, Omnichannel), with a secondary code of CRAKADAM, Pre-owned, Vintage & Certified Pre-owned Watches. Its NAICS code is 42394 and its SIC code is 5094.