About Open for Vintage
Open for Vintage is a company based in London (United Kingdom) founded in 2014.. Open for Vintage has raised $3.37 million across 5 funding rounds from investors including Dan Kiely and eDot. The company has 6 employees as of July 31, 2021. Open for Vintage offers products and services including Vintage Marketplace. Open for Vintage operates in a competitive market with competitors including Cudoni, Luxury Promise, Subdial, Hardly Ever Worn It and SARITORIA, among others.
- Headquarter London, United Kingdom
- Employees 6 as on 31 Jul, 2021
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Open For Vintage Limited
- Date of Incorporation 14 Jul, 2015
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.37 M (USD)
in 5 rounds
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Latest Funding Round
$1.38 M (USD), Angel Round
Sep 24, 2022
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Investors
eDot
& 1 more
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Employee Count
6
as on Jul 31, 2021
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Products & Services of Open for Vintage
Open for Vintage offers a comprehensive portfolio of products and services, including Vintage Marketplace. 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.
Online service for buying and selling vintage items
Funding Insights of Open for Vintage
Open for Vintage has successfully raised a total of $3.37M across 5 strategic funding rounds. The most recent funding activity was a Angel Round round of $1.38 million completed in September 2022. 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 5
- Last Round Angel Round — $1.4M
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First Round
First Round
(13 Mar 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Angel Round - Open for Vintage | Valuation |
investors |
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| Sep, 2021 | Amount | Seed - Open for Vintage | Valuation |
investors |
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| Jul, 2018 | Amount | Seed - Open for Vintage | Valuation |
investors |
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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 Open for Vintage
Open for Vintage has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Dan Kiely and eDot. 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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eDot is engaged in venture capital investments in technology.
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Founded Year | Domain | Location | |
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DK
Dan Kiely |
Irish entrepreneur, angel investor, co-founder of Voxpro, active in Indian startups
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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 Open for Vintage
| 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 - Open for Vintage
| 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 |
Open For Vintage Comparisons
Competitors of Open for Vintage
Open for Vintage 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 Cudoni, Luxury Promise, Subdial, Hardly Ever Worn It and SARITORIA, 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 luxury goods are sold via an online platform.
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| domain | founded_year | HQ Location |
Pre-owned luxury fashion accessories are consigned through an online platform.
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| domain | founded_year | HQ Location |
Second-hand luxury watches from various brands are traded online.
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| domain | founded_year | HQ Location |
Pre-owned luxury fashion items are bought and sold online.
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| domain | founded_year | HQ Location |
Online commission based platform for used luxury fashion products
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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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Latest news on Open For Vintage
Frequently Asked Questions about Open for Vintage
When was Open for Vintage founded?
Open for Vintage was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Open for Vintage located?
Open for Vintage is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Open for Vintage a funded company?
Open for Vintage is a funded company, having raised a total of $3.37M across 5 funding rounds to date. The company's 1st funding round was a Seed of $687.89K, raised on Mar 13, 2017.
How many employees does Open for Vintage have?
As of Jul 31, 2021, the latest employee count at Open for Vintage is 6.
What does Open for Vintage do?
Open for Vintage was established in 2014 in London, United Kingdom. An online marketplace is maintained for vintage pre-owned fashion items, with a catalog encompassing handbags, jewelry, watches, belts, gloves, hats, scarves, sunglasses, and additional accessories from various designers and brands. Operations focus on facilitating access to these products via the domain openforvintage.com, serving customers in the fashion resale sector.
Who are the top competitors of Open for Vintage?
Open for Vintage's top competitors include Cudoni, Subdial and Luxury Promise.
What products or services does Open for Vintage offer?
Open for Vintage offers Vintage Marketplace.
Who are Open for Vintage's investors?
Open for Vintage has 2 investors. Key investors include Dan Kiely, and eDot.