# Wardrobe Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wardrobe-technologies

- Industry: Retail
- Headquarters: Brooklyn, US
- Website: www.joinwardrobe.com
- Total disclosed funding: $5.6M
- Latest round: Seed (Oct 7, 2021)
- Investors on record: 10

## About

Wardrobe Technologies, Inc. offers innovative digital solutions that enhance operational efficiency for small and medium-sized enterprises through a cloud-based project management platform and customizable software solutions.Founded in 2018 and headquartered in Brooklyn, US, Wardrobe Technologies, Inc. specializes in digital solutions for operational efficiency. The company was established by Adarsh Alphons, Joseph Siefers, and Mohamed Favas. They raised USD 4.1 mn in Seed funding on October 7, 2021, led by Slow Ventures, with participation from Black Jays Investments, Foundation Capital, and Long Journey Ventures. The funding supports their ongoing development and market presence.The company's core offerings include a cloud-based platform for project management, collaboration, and data analytics, aimed at small and medium-sized enterprises (SMEs). Their services also encompass customizable software solutions tailored to specific industries such as marketing, finance, and logistics, and have attracted a diverse customer base across North America, Europe, and parts of Asia since their launch.Wardrobe Technologies, Inc. generates revenue through a subscription-based model with tiered pricing plans, enabling clients to select service packages that fit their needs. The subscription usually involves an annual or monthly fee, with options for one-time purchases of additional software modules, such as advanced analytics and enhanced customer support.Following the recent Seed round in October 2021, Wardrobe Technologies plans to utilize the raised USD 4.1 mn to enhance their product offerings and expand into new markets. This includes the development of new features for their platform and targeting additional regions in Europe and Asia by 2023.

## Funding rounds

- Seed, Oct 7, 2021, $4.1M — Foundation Capital, Slow, Black Jays Investments, Long Journey Ventures
- Seed, Nov 6, 2019, $1.5M — Founders Fund, Ludlow Ventures, Ground Up Ventures, Shrug Capital, Maschmeyer Group Ventures, Secocha Ventures

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Seed
- Ludlow Ventures (https://capitalatlas.ai/funds/ludlow-ventures) — Seed
- Ground Up Ventures — Seed
- Shrug Capital (https://capitalatlas.ai/funds/shrug-capital) — Seed
- Maschmeyer Group Ventures (https://capitalatlas.ai/funds/maschmeyer-group-ventures) — Seed
- Secocha Ventures (https://capitalatlas.ai/funds/secocha-ventures) — Seed
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed
- Slow (https://capitalatlas.ai/funds/slow) — Seed
- Black Jays Investments (https://capitalatlas.ai/funds/black-jays-investments) — Seed
- Long Journey Ventures (https://capitalatlas.ai/funds/long-journey-ventures) — Seed