# Repassa Intermediação de Negócios LTDA.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/repassa-intermediacao-de-negocios-ltda

- Industry: Internet
- Headquarters: Sao Paulo, Brazil
- Website: www.repassa.com.br
- Total disclosed funding: $1.9M
- Latest round: Series A (Sep 5, 2020)
- Investors on record: 2

## About

Repassa operates as an online consignment store, focusing on facilitating the sale of pre-owned fashion items for environmentally conscious consumers in Brazil.Founded in 2014 and headquartered in Sao Paulo, Brazil, Repassa Intermediação de Negócios LTDA. specializes in the consignment of second-hand clothing. The company has conducted a total of 9 deals, with its most recent deal taking place on July 15, 2021. The latest funding round was a Series A, led by Redpoint eVentures, raising BRL 10.000 mn. Repassa was founded by Matheus Vitor, who has a background as an entrepreneur in the fashion resale sector.Repassa operates as an online consignment store specializing in pre-owned fashion items, targeting environmentally conscious consumers. The company offers a diverse range of women's apparel, including outerwear and accessories from brands such as C&A, Zara, and Renner. It manages the entire consignment process for sellers, including pricing and shipping, while catering to eco-conscious shoppers in Brazil seeking stylish clothing options.Repassa generates revenue through a commission-based model on consigned clothing sales, taking a percentage of each transaction. This structure allows the company to operate without upfront fees for sellers, creating an accessible marketplace for individuals to monetize unused clothing and for buyers to find economical alternatives to new garments.In July 2021, Lojas Renner S. A. acquired Repassa Intermediação de Negócios LTDA. While the financial terms of the acquisition were not disclosed, this move indicates a strategic partnership aimed at enhancing Repassa's market reach and operational capabilities. Future growth plans will likely involve leveraging Renner's resources to expand Repassa's offerings and customer base.

## Funding rounds

- Series A, Sep 5, 2020, $1.9M — Redpoint eVentures
- Angel, Sep 26, 2018 — Wharton Angel Network

## Investors

- Wharton Angel Network (https://capitalatlas.ai/funds/wharton-angel-network) — Angel
- Redpoint eVentures (https://capitalatlas.ai/funds/redpoint-eventures) — Series A