About Redenim
Redenim is a company based in Austin (United States) founded in 2016. Redenim has raised $100 thousand across 1 funding round from investors including Sputnik ATX. Redenim operates in a competitive market with competitors including Armoire, Vow To Be Chic, Haverdash, Nuuly and Teacher Style Box, among others.
- Headquarter Austin, United States
- SectorsRetail
- Website redenim.com
- Social X
- Total Equity Funding$100K (USD)
in 1 rounds
- Latest Funding Round$100K (USD), Seed
Jan 2018
- Investors
Funding Insights of Redenim
Redenim has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in January 2018. 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 $100,000
- Total Rounds 1
- Last Round Seed — $100,000
- First Round $100,000
(Jan 2018)
- Investors Count 1
All 1 funding rounds of Redenim with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2018 | $100,000 | Seed | – | Sputnik ATX | – |
1 investors in total: 1 institutional.
Investors in Redenim
Redenim has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Sputnik ATX.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A venture capital and accelerator program for startups is operated. | – | sputnikatx.com | Austin, United States |
Investor details for Redenim
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Redenim
2 dated milestones of Redenim across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Redenim is founded.
- Funding First funding round of $100K.
Competitors of Redenim
Redenim 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 Armoire, Vow To Be Chic, Haverdash, Nuuly and Teacher Style Box, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| armoire.style | 2016 | Seattle, United States | $12.71M | – | Subscription-based online rental platform offering casual wear for women | |
| vowtobechic.com | 2013 | Los Angeles, United States | $5M | – | Designer bridesmaid dresses and Little White Dresses are rented online. | |
| haverdash.com | 2019 | New York, United States | – | – | Offers monthly subscription service for renting women's everyday fashion clothing. | |
| nuuly.com | 1970 | Philadelphia, United States | – | – | Subscription service for renting clothes from multiple brands monthly. | |
| teacherstylebox.com | 2020 | Vero Beach, United States | – | – | Provides clothing rental subscriptions with curated styles for teachers' daily needs. | |
| stylistlabox.com | 2010 | Los Angeles, United States | – | – | Subscription-based clothing rental service with monthly fee access. | |
| charlottes-closet.com | 2014 | New York, United States | – | – | Online subscription-based rental platform for fashion apparel |
Detailed competitors of Redenim
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Redenim
10 companies that operate in the same segment as Redenim (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Frequently Asked Questions about Redenim
Redenim was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Redenim is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Redenim is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Jan 2018.
Redenim was founded in 2016 in Austin, United States, within the fashion rental sector. A digital platform is operated to enable women to lease designer denim brands for extended periods. Lease terms allow returns at the end for new selections or buyouts of remaining periods to achieve ownership. Services focus on sustainable access to high-end apparel without full purchase commitments.
Redenim's top competitors include Armoire, Vow To Be Chic and Charlotte's Closet.
Redenim has 1 investor. Key investors include Sputnik ATX.