Thrift Plus
Latest round
- Seed
Last raised
- Mar 2018
Total raised
- $0.7M
Investors
- 1
About Thrift Plus
Thrift Plus, founded in 2017 and headquartered in London, UK, operates as a marketplace for secondhand fashion. The company was established by Joe Metcalfe, who has a background in creating online fashion solutions.76 million post-money.Thrift+ operates as a pre-loved fashion marketplace, specializing in the sale and reselling of quality secondhand clothing. The online platform offers a wide array of pre-owned garments, including men's and women's fashion items, all rigorously quality checked. Users can send in their pre-loved clothing for resale, promoting sustainability and reducing fashion waste, catering to both environmentally conscious consumers and brand-conscious buyers.Thrift+ generates revenue through the sale of secondhand clothing on its platform, employing a commission model for transactions between sellers and buyers. The firm ensures quality checks and lists submitted items for consumer purchase, retaining a percentage of each sale. Revenue streams are enhanced by direct-to-consumer sales and potential partnerships with major brands to support sustainable fashion initiatives. The company is focused on designing new features and products to improve the user experience, with a goal of attracting more users and sellers.
Who invested in Thrift Plus
1 investor across 1 round
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Funding rounds
Seed
Mar 23, 2018
Amount
$0.7M
Investors
Questions about Thrift Plus
Who invested in Thrift Plus?
Thrift Plus has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Thrift Plus raised?
Thrift Plus has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Thrift Plus last raise money?
Thrift Plus's most recent round on record is a Seed, in Mar 2018.
What does Thrift Plus do?
Thrift Plus, founded in 2017 and headquartered in London, UK, operates as a marketplace for secondhand fashion.
Where is Thrift Plus headquartered?
Thrift Plus is headquartered in London, UK.
Which VCs invest in companies like Thrift Plus?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back internet companies at Thrift Plus's stage. Their profiles are linked below.
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