About The Nu Wardrobe
The Nu Wardrobe is a Retail company based in London (United Kingdom) founded in 2018. Used clothes are shared through an online community platform. It operates in the Retail and Media & Entertainment sectors. The Nu Wardrobe has raised $136.21 thousand across 1 funding round. The company has 5 employees. The Nu Wardrobe offers products and services including Nuw App. Its focus areas include Consumer, Social Platforms, Interest Based and Fashion. Its legal entity is THE NU WARDROBE LTD. Its competitors include Depop, Thrift+ and Whering; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters London, United Kingdom
- Employees 5
- SectorsRetailMedia & Entertainment
- Email••••••••
- Website thenuwardrobe.com
- Social LinkedIn X Facebook
- Legal Name The Nu Wardrobe Ltd
- Date of Incorporation 03 May, 2018
- Jurisdiction LONDON, ENGLAND
- Total Equity Funding$136.21K (USD)
in 1 rounds
- Latest Funding Round$136.21K (USD), Seed
Sep 2020
- Employee Count5
Products & Services of The Nu Wardrobe
The Nu Wardrobe offers a comprehensive portfolio of products and services, including Nuw App.
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 $136,209
- Total Rounds 1
- Last Round Seed — $136,209
- First Round $136,209
(Sep 2020)
All 1 funding rounds of The Nu Wardrobe 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 |
|---|---|---|---|---|---|
| Sep 2020 | $136,209 | Seed | – | – | – |
People of The Nu Wardrobe
1 people are tracked at The Nu Wardrobe (1 in team); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
Áine Ferris | Dublin Community Leader | Team |
Complete people profiles for The Nu Wardrobe
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Timeline of The Nu Wardrobe
2 dated milestones of The Nu Wardrobe across 2 years, from founding to its latest funding, stage changes and deals.
- Founded The Nu Wardrobe is founded.
- Funding First funding round of $136K.
Competitors of The Nu Wardrobe
The Nu Wardrobe has 3 listed competitors in our database, 2 of them funded. They include Depop, Thrift+ and Whering.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| depop.com | 2011 | London, United Kingdom | $99.64M | 395 | Pre-owned fashion products are traded via an app-based marketplace. | |
| thrift.plus | 2017 | London, United Kingdom | $4.05M | 31 | Online platform for donating old clothes | |
| whering.co.uk | 2020 | London, United Kingdom | Virtual closet platform is provided for women via subscriptions. |
Detailed competitors of The Nu Wardrobe
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Related news about The Nu Wardrobe
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Frequently Asked Questions about The Nu Wardrobe
The Nu Wardrobe was founded in 2018 and raised its 1st funding round 2 years after it was founded.
The Nu Wardrobe is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
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 2020.
The Nu Wardrobe has 5 employees.
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.
The Nu Wardrobe offers Nuw App.
The Nu Wardrobe operates through The Nu Wardrobe Ltd.