# AirCloset

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aircloset

- Industry: Retail
- Headquarters: Tokyo, Japan
- Website: www.air-closet.com
- Total disclosed funding: $8.5M
- Latest round: Series B (Nov 30, 2017)
- Investors on record: 3

## About

AirCloset, Inc. is a fashion rental subscription service that offers personalized styling solutions, delivering curated outfits to customers based on individual preferences and assessments.Founded in 2014 and headquartered in Tokyo, Japan, AirCloset, Inc. operates a dynamic fashion rental service. The company has raised a total of JPY 950.000 mn through its latest funding round, Series B, with notable investors including JAFCO Group and Nakazono Holdings. The firm has completed 8 funding deals in total and currently holds a valuation of JPY 5,550.00 mn.AirCloset operates a fashion rental subscription service that provides personalized styling solutions to its customers. The service delivers curated outfits selected by professional stylists based on individual preferences and style assessments. Customers can enjoy the flexibility of trying multiple outfits without the commitment of purchasing, as the platform allows them to rent several items at a time for a monthly fee. The company caters primarily to women aged 20 to 50 and boasts an extensive inventory of over 500,000 items from approximately 300 brands. AirCloset is active in the Japanese market, serving consumers throughout Japan who seek convenience and variety in their wardrobe choices.AirCloset generates revenue primarily through subscription-based models, offering several plans tailored to different customer needs. The light plan allows customers to borrow three items per month for a fee of JPY 7,980 (approximately USD 54), while the regular plan, which provides unlimited rentals, is priced at JPY 10,980 (approximately USD 75) monthly. Additionally, customers have the option to purchase items they particularly like at discounted rates after rental. The structure of these transactions is direct-to-consumer, making it easy for clients to access and manage their subscriptions online. The company also offers various optional services, such as personalized brand selections and styling requests, enhancing customer engagement and satisfaction.AirCloset, Inc. plans to leverage recent funding from investors including SMBC Venture Capital, D4V, and Mitsubishi UFJ Capital to support its expansion strategy. The company is focused on enhancing its product offerings, including launching new rental categories aimed at diverse market segments. Additionally, AirCloset intends to explore opportunities for international expansion to regions beyond Japan, although specific markets have yet to be disclosed.

## Funding rounds

- Series B, Nov 30, 2017, $8.4M — JAFCO Group, Nakazono Holdings
- Seed, Jun 1, 2014, $0M — Samurai Incubate

## Investors

- Samurai Incubate (https://capitalatlas.ai/funds/samurai-incubate) — Seed
- JAFCO Group (https://capitalatlas.ai/funds/jafco-group) — Series B
- Nakazono Holdings — Series B