About Oly
Oly is a company based in Paris (France) founded in 2022.. Oly has raised $20 thousand across 1 funding round from investors including Techstars. Oly offers products and services including Oly Platform and Catalog Integration. Oly operates in a competitive market with competitors including Vinted, Depop, Videdressing, ReSEE.com and Pretachanger, among others.
- Headquarter Paris, France
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 K (USD)
in 1 rounds
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Latest Funding Round
$20 K (USD), Seed
Jun 01, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Oly
Oly offers a comprehensive portfolio of products and services, including Oly Platform and Catalog Integration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates crosslisting of products on multiple marketplaces for resellers.
Connects e-shops and spreadsheets for seamless inventory updates.
Funding Insights of Oly
Oly has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $20,000
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First Round
First Round
(01 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - Oly | Valuation | Techstars |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Oly
Oly has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Oly
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Oly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Oly Comparisons
Competitors of Oly
Oly operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vinted, Depop, Videdressing, ReSEE.com and Pretachanger, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Pre-owned fashion products are sold via an online marketplace.
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| domain | founded_year | HQ Location |
Pre-owned fashion products are traded via an app-based marketplace.
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| domain | founded_year | HQ Location |
Pre-owned fashion products are traded via an online community marketplace.
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| domain | founded_year | HQ Location |
Multi-category second-hand fashion items are resold online.
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| domain | founded_year | HQ Location |
Online community to sell and exchange fashion products
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| domain | founded_year | HQ Location |
Second-hand fashion items are offered via an online marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Oly
When was Oly founded?
Oly was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Oly located?
Oly is headquartered in Paris, France.
Is Oly a funded company?
Oly is a funded company, having raised a total of $20K across 1 funding round to date. The company's 1st funding round was a Seed of $20K, raised on Jun 01, 2023.
What does Oly do?
Oly was founded in 2022 in Paris, France, within the e-commerce sector. An online platform is operated as a second-hand marketplace, where multi-category fashion products and accessories are bought and sold. Transactions are facilitated between users across various fashion subcategories, with the domain oly-platform.com serving as the primary access point for operations in the European market.
Who are the top competitors of Oly?
Oly's top competitors include Vinted, Depop and Videdressing.
What products or services does Oly offer?
Oly offers Oly Platform and Catalog Integration.
Who are Oly's investors?
Oly has 1 investor. Key investors include Techstars.
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