Armoire Style

Armoire Style, Inc.Founded in 2016 and headquartered in Seattle, US, Armoire Style, Inc. provides a subscription-based clothing rental service. The company's founders include Abrar Syed and Macon Foscue, with Ambika Singh serving as CEO.Armoire specializes in women's contemporary clothing rentals through a subscription-based model that offers personalized styling services. Customers can engage with the service by completing a short quiz, which helps the company curate a selection of designer clothing tailored to individual preferences. The core offerings include multiple subscription plans, allowing customers to rent four to seven items at a time and swap them out continuously without incurring laundry costs. This innovative approach addresses common wardrobe challenges faced by modern women, such as the need for versatile and stylish outfits without the commitment of ownership.Armoire operates on a subscription revenue model, with customers paying monthly fees to access curated selections of clothing. The company offers various pricing tiers that reflect the number of rental items and service benefits, including a base plan at USD 89 per month for four items, with increments for additional items and features, such as unlimited swaps. This structure enables a direct-to-consumer transaction model, allowing Armoire to maintain a close relationship with its customer base while providing personalized services. The subscription fees encompass all services, including free shipping and cleaning, which streamline the rental process for users.As of January 2021, Armoire Style, Inc. The company plans to develop new products that cater to additional customer preferences. Furthermore, Armoire is targeting expansion into new geographic regions, aiming to reach more metropolitan areas across the United States by the end of 2022.

1. Seed

   Jun 12, 2019

   Amount

   $4M

   Investors

   Locked