About Thrift+
Thrift+ is a Retail company based in London (United Kingdom) founded in 2017 by Joe Metcalfe. Online platform for donating old clothes. Thrift+ has raised $4.05 million across 4 funding rounds from investors including Fuel Ventures, ClearlySo and Triple Point Ventures. The company has 31 employees. Its website thrift.plus draws about 782 thousand monthly visits. Thrift+ offers products and services including Thrift+ Marketplace and Selling Service. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Multi Category. Its legal entity is THRIFT RETAIL LTD. Its competitors include Depop, The Nu Wardrobe and The Edit Ldn; 3 of its 3 listed competitors have raised funding.
Company details
Thrift was established in 2017 in London, United Kingdom, as an online platform in the sustainable fashion sector. Used clothing is facilitated for donation, sale, and purchase through the service. A portion of sales revenue is allocated to charitable causes. Access is provided via mobile applications compatible with Android and iOS devices.
- Headquarters London, United Kingdom
- Employees 31
- Founders Joe Metcalfe
- SectorsRetail
- Website category Lifestyle · Fashion and Apparel
- Website thrift.plus
- Social LinkedIn X Facebook Instagram
- Legal Name Thrift Retail Ltd
- Date of Incorporation 21 Feb, 2017
- Jurisdiction MARKET HARBOROUGH, ENGLAND
- Total Equity Funding$4.05M (USD)
in 4 rounds
- Latest Funding Round$1.91M (USD), Seed
Dec 2022
- InvestorsFuel Ventures
& 3 more
- Employee Count31
Products & Services of Thrift+
Thrift+ offers a comprehensive portfolio of products and services, including Thrift+ Marketplace and Selling Service.
Online service for buying and selling pre-loved fashion items securely
Feature allowing users to list and sell their pre-loved clothes easily
Funding Insights of Thrift+
Thrift+ has successfully raised a total of $4.05M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.91 million completed in December 2022. 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 $4.05M
- Total Rounds 4
- Last Round Seed — $1.91M
- Investors Count 4
All 4 funding rounds of Thrift 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 |
|---|---|---|---|---|---|
| Dec 2022 | $1.91M | Seed | – | – | – |
| Apr 2020 | $1.19M | Seed | – | Triple Point, Green Angel Ventures | |
| Aug 2019 | $951,564 | Seed | – | – | – |
| Jun 2018 | Seed | – | – |
4 investors in total: 4 institutional.
Investors in Thrift+
Thrift+ has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Fuel Ventures, ClearlySo and Triple Point Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Green Angel Ventures is focused on investing in climate startups. | greenangelventures.com | London, United Kingdom | ||
Multiple sectors are invested in by this venture capital firm. | 2014 | fuel.ventures | London, United Kingdom | |
Investment banking firm | 2008 | clearlyso.com | London, United Kingdom | |
Early-stage investments are made in B2B software companies. | triplepoint.vc | London, United Kingdom |
Investor details for Thrift
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People of Thrift+
2 people are tracked at Thrift+ (2 in leadership); the tracked headcount is 31.
| Name | Role | Group |
|---|---|---|
Joe Metcalfe | Founder | Leadership |
Henry McIntosh | Head of Engineering | Leadership |
Complete people profiles for Thrift+
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Timeline of Thrift+
3 dated milestones of Thrift+ across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Thrift+ is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.9M.
Competitors of Thrift+
Thrift+ has 3 listed competitors in our database, 3 of them funded. They include Depop, The Nu Wardrobe and The Edit Ldn.
| 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. | |
| thenuwardrobe.com | 2018 | London, United Kingdom | $136,209 | 5 | Used clothes are shared through an online community platform. | |
| theeditldn.com | 2020 | London, United Kingdom | $4.8M | Preowned sneakers and apparel are sold via an online platform. |
Detailed competitors of Thrift
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Web traffic of Thrift+
The website of Thrift+ (thrift.plus) receives about 781.8K visits a month and ranks #58,568 among all websites worldwide, #2,903 in Fashion and Apparel.
- Monthly visits781.8K
▲ 27.9% vs previous month
- Unique visitors205.1K
per month
- Global rank#58,568
among all websites
- Category rank#2,903
Lifestyle · Fashion and Apparel
- Bounce rate44%
- Pages per visit6.5
- Average visit3 min 19 sec
- DevicesDesktop 15% · Mobile 85%
Websites whose visitors overlap most with Thrift+. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
thrifted.com | thrifted.com | 100% | #76,460 | – | |
thethriftkart.com | thethriftkart.com | 94% | #742,614 | – | |
preworn.com | preworn.com | 94% | #417,094 | – | |
vinted.co.uk | vinted.co.uk | 87% | #792 | – | |
mythriftkart.com | mythriftkart.com | 84% | #357,066 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Thrift+
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Related news about Thrift+
Complete news archive for Thrift
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Frequently Asked Questions about Thrift+
Thrift+ was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Thrift+ is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Thrift+ is a funded company, having raised a total of $4.05M across 4 funding rounds to date.
Thrift+ has 31 employees.
Thrift was established in 2017 in London, United Kingdom, as an online platform in the sustainable fashion sector. Used clothing is facilitated for donation, sale, and purchase through the service. A portion of sales revenue is allocated to charitable causes. Access is provided via mobile applications compatible with Android and iOS devices.
Thrift+'s top competitors include Depop, The Nu Wardrobe and The Edit Ldn.
Thrift+ offers Thrift+ Marketplace and Selling Service.
Thrift+ has 4 investors. Key investors include Fuel Ventures, ClearlySo, Triple Point Ventures, and Green Angel Ventures.
Thrift+ operates through Thrift Retail Ltd.
The website of Thrift+ receives about 782 thousand visits a month and ranks #58,568 among all websites worldwide.