About The Nu Wardrobe
The Nu Wardrobe is a company based in London (United Kingdom) founded in 2018.. The Nu Wardrobe has raised $136.21 thousand across 1 funding round. The company has 5 employees as of May 31, 2022. The Nu Wardrobe offers products and services including Nuw App. The Nu Wardrobe operates in a competitive market with competitors including Depop, Thrift+, Meilishuo, Whering and Shopa, among others.
- Headquarter London, United Kingdom
- Employees 5 as on 31 May, 2022
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Sectors
RetailMedia & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name The Nu Wardrobe Ltd
- Date of Incorporation 03 May, 2018
- 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
$136.21 K (USD)
in 1 rounds
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Latest Funding Round
$136.21 K (USD), Seed
Sep 14, 2020
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Investors
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Employee Count
5
as on May 31, 2022
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Products & Services of The Nu Wardrobe
The Nu Wardrobe offers a comprehensive portfolio of products and services, including Nuw 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.
Mobile app for exchanging pre-loved clothes using a coin system.
Funding Insights of The Nu Wardrobe
The Nu Wardrobe has successfully raised a total of $136.21K through 1 strategic funding round. The most recent funding activity was a Seed round of $136.21 thousand completed in September 2020. 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 — $136,209
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First Round
First Round
(14 Sep 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Seed - The Nu Wardrobe | 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 |
Investments & Acquisitions by The Nu Wardrobe
| 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 - The Nu Wardrobe
| 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 |
The Nu Wardrobe Comparisons
Competitors of The Nu Wardrobe
The Nu Wardrobe 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 Depop, Thrift+, Meilishuo, Whering and Shopa, 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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| 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 |
Online platform for donating old clothes
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| domain | founded_year | HQ Location |
Social shopping platform of fashion products
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| domain | founded_year | HQ Location |
Virtual closet platform is provided for women via subscriptions.
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| domain | founded_year | HQ Location |
Online social advertising & e-commerce platform
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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 The Nu Wardrobe
Frequently Asked Questions about The Nu Wardrobe
When was The Nu Wardrobe founded?
The Nu Wardrobe was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is The Nu Wardrobe located?
The Nu Wardrobe is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is The Nu Wardrobe a funded company?
The Nu Wardrobe is a funded company, having raised a total of $136.21K across 1 funding round to date. The company's 1st funding round was a Seed of $136.21K, raised on Sep 14, 2020.
How many employees does The Nu Wardrobe have?
As of May 31, 2022, the latest employee count at The Nu Wardrobe is 5.
What does The Nu Wardrobe do?
The Nu Wardrobe was founded in 2018 in London, United Kingdom, as an online platform in the sustainable fashion sector. Profiles are created by users to upload photographs of their used clothes, which can then be shared with the community. Messages are exchanged between members, and wardrobes of other users are viewed to facilitate connections. Operations focus on peer-to-peer sharing without direct sales transactions.
Who are the top competitors of The Nu Wardrobe?
What products or services does The Nu Wardrobe offer?
The Nu Wardrobe offers Nuw App.
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