About Otrium
Otrium is a company based in Amsterdam (Netherlands) founded in 2015 by Max Klijnstra and Milan Daniels.. Otrium has raised $155.96 million across 6 funding rounds from investors including Eight Roads Ventures, Index Ventures and BOND. Otrium offers products and services including Otrium Platform and Otrium App. Otrium operates in a competitive market with competitors including Cult Mia, Designerwear, Jendaya, Hervia and Carnet de Mode, among others.
- Headquarter Amsterdam, Netherlands
- Founders Max Klijnstra, Milan Daniels
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$155.96 M (USD)
in 6 rounds
-
Latest Funding Round
$120 M (USD), Series C
Mar 31, 2021
-
Investors
Eight Roads Ventures
& 8 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Otrium
Otrium offers a comprehensive portfolio of products and services, including Otrium Platform and Otrium App. 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.
Website for shopping discounted designer clothing and accessories
App for browsing and purchasing fashion items on mobile devices
Unlock access to complete
Unlock access to complete
Funding Insights of Otrium
Otrium has successfully raised a total of $155.96M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $120 million completed in March 2021. 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 6
- Last Round Series C — $120.0M
-
First Round
First Round
(01 Jun 2015)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series C - Otrium | Valuation | Index Ventures , Bond Capital | |
| May, 2020 | Amount | Series B - Otrium | Valuation | Eight Roads Ventures | |
| May, 2019 | Amount | Series A - Otrium | Valuation | Index Ventures |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Otrium
Otrium has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Eight Roads Ventures, Index Ventures and BOND. 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 |
|---|---|---|---|---|
|
Venture capital investments in technology startups and entrepreneurs.
|
Founded Year | Domain | Location | |
|
Venture capital investment and global platform support for startups.
|
Founded Year | Domain | Location | |
|
Investments in multiple sectors are made by Bond Capital.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Otrium
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Otrium
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Otrium Comparisons
Competitors of Otrium
Otrium 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 Cult Mia, Designerwear, Jendaya, Hervia and Carnet de Mode, 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 |
Women's fashion products are offered through an online platform.
|
|
| domain | founded_year | HQ Location |
Multi-category fashion products for men and kids are retailed online.
|
|
| domain | founded_year | HQ Location |
Multi-category fashion products by designers are retailed online.
|
|
| domain | founded_year | HQ Location |
Multi-category designer fashion products are retailed online by Hervia.
|
|
| domain | founded_year | HQ Location |
Emerging fashion designers' collections are curated on an international marketplace.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Otrium
Frequently Asked Questions about Otrium
When was Otrium founded?
Otrium was founded in 2015.
Where is Otrium located?
Otrium is headquartered in Amsterdam, Netherlands.
Who is the current CEO of Otrium?
Frank Van Valderen is the current CEO of Otrium.
Is Otrium a funded company?
Otrium is a funded company, having raised a total of $155.96M across 6 funding rounds to date. The company's 1st funding round was a Series A of $7.86M, raised on Jun 01, 2015.
What does Otrium do?
Otrium was founded in 2015 and is based in Amsterdam, Netherlands. An online retail model is utilized in the fashion sector, where apparel, footwear, innerwear, and accessories are sold across multiple categories. Operations are supported by a mobile application accessible on iOS and Android devices. The platform enables digital sales of these products to customers in various regions.
Who are the top competitors of Otrium?
Otrium's top competitors include Cult Mia, Jendaya and Reve-en-vert.
What products or services does Otrium offer?
Otrium offers Otrium Platform and Otrium App.
Who are Otrium's investors?
Otrium has 9 investors. Key investors include Eight Roads Ventures, Index Ventures, BOND, Hans Veldhuizen, and Adriaan Mol.