About OpenWardrobe
OpenWardrobe is a company based in United States founded in 2020. It operates as a D2C, and SaaS. OpenWardrobe offers products and services including OpenWardrobe App and LolaAI. OpenWardrobe operates in a competitive market with competitors including Stitch Fix, Cladwell, Trunk Club, Allume and Glamhive, among others.
- Headquarter United States
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Consumer
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- Legal Name Openwardrobe, Inc.
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Products & Services of OpenWardrobe
OpenWardrobe offers a comprehensive portfolio of products and services, including OpenWardrobe App and LolaAI. 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.
Tool for cataloging clothes and generating outfit ideas
AI for personalized outfit suggestions and shopping guidance
Funding Insights of OpenWardrobe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by OpenWardrobe
| 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 - OpenWardrobe
| 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 |
Openwardrobe Comparisons
Competitors of OpenWardrobe
OpenWardrobe 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 Stitch Fix, Cladwell, Trunk Club, Allume and Glamhive, 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 |
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Personalized fashion recommendations are offered via an online stylist platform.
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Personal styling and shopping recommendations are delivered through an app.
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| domain | founded_year | HQ Location |
Personalized clothing styling services are provided via subscription model.
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Personal stylist services are offered via an online platform.
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User-generated content is fused with e-commerce on a social platform.
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Men's apparel, accessories, grooming products, and barber services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 OpenWardrobe
When was OpenWardrobe founded?
OpenWardrobe was founded in 2020.
Where is OpenWardrobe located?
OpenWardrobe is headquartered in United States.
What does OpenWardrobe do?
OpenWardrobe is a mobile application that helps users catalog their clothing, generate AI-based outfit recommendations, and track wardrobe usage to encourage sustainable fashion practices. It offers features like outfit planning, shopping advice through LolaAI, and collaboration with friends. Based in Redwood City, California, USA, it serves fashion enthusiasts aiming to reduce impulse buys and optimize existing wardrobes.
Who are the top competitors of OpenWardrobe?
OpenWardrobe's top competitors include Stitch Fix, Cladwell and Trunk Club.
What products or services does OpenWardrobe offer?
OpenWardrobe offers OpenWardrobe App and LolaAI.