Prêt à Changer
Latest round
- Series A
Last raised
- Jan 2017
Total raised
- $1.2M
Investors
- 2
About Prêt à Changer
Established in 2011 and headquartered in Nîmes, France, Prêt à Changer focuses on the second-hand luxury fashion market, facilitating transactions for consumers selling their pre-owned items.Prêt à Changer specializes in the acquisition and resale of second-hand clothing, shoes, and bags, providing a streamlined solution for individuals looking to monetize their unused fashion items. The company's core offerings include a cash buyback service where customers can receive immediate payment for their items, with the process involving online estimation of garment value based on various criteria such as brand, type, and condition. Customers send their items using pre-paid shipping labels provided by the company, and payments are processed within 15 days of receipt after quality checks. Geographically, Prêt à Changer primarily serves the French market, catering to environmentally conscious consumers looking to reduce waste and participate in the growing trend of sustainable fashion.Prêt à Changer employs a transaction-based revenue model derived from the direct purchase of garments from consumers. The company facilitates transactions where individuals sell their pre-owned items, and upon quality assessment, receive cash payments, which constitutes a significant portion of the revenue stream. The pricing structure is transparent, with pre-established buyback values disclosed on the website prior to shipping, ensuring customers are aware of the potential returns before parting with their items. Additionally, the firm may generate revenue through sales of the acquired items to end consumers at competitive prices, positioning itself as a go-to platform for high-quality second-hand luxury fashion. The firm is in the process of developing new product offerings tailored to meet consumer demands for sustainable luxury fashion. Specific timelines for these new launches have not been disclosed. Additionally, the company is exploring opportunities to penetrate other European markets, aiming for expansion by the end of 2024.
Who invested in Prêt à Changer
2 investors across 3 rounds
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Questions about Prêt à Changer
Who invested in Prêt à Changer?
Prêt à Changer has 2 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Prêt à Changer raised?
Prêt à Changer has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Prêt à Changer last raise money?
Prêt à Changer's most recent round on record is a Series A, in Jan 2017.
What does Prêt à Changer do?
Established in 2011 and headquartered in Nîmes, France, Prêt à Changer focuses on the second-hand luxury fashion market, facilitating transactions for consumers selling their pre-owned items.
Where is Prêt à Changer headquartered?
Prêt à Changer is headquartered in Nimes, France.
Which VCs invest in companies like Prêt à Changer?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back consumer products companies at Prêt à Changer's stage. Their profiles are linked below.
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