About Thrift+
Thrift+ is a company based in London (United Kingdom) founded in 2017 by Joe Metcalfe. 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 as of March 31, 2020. Thrift+ offers products and services including Thrift+ Marketplace and Selling Service. Thrift+ operates in a competitive market with competitors including Depop, The Nu Wardrobe, The Edit Ldn, Luxe Collective Fashion and OWNI, among others.
- Headquarter London, United Kingdom
- Employees 31 as on 31 Mar, 2020
- Founders Joe Metcalfe
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Sectors
Retail
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Phone
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Website
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Social
Locked
- Legal Name Thrift Retail Ltd
- Date of Incorporation 21 Feb, 2017
- Jurisdiction MARKET HARBOROUGH, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.05 M (USD)
in 4 rounds
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Latest Funding Round
$1.91 M (USD), Seed
Dec 23, 2022
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Investors
Fuel Ventures
& 3 more
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Employee Count
31
as on Mar 31, 2020
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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
People of Thrift+
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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.
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.
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Green Angel Ventures is focused on investing in climate startups.
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Multiple sectors are invested in by this venture capital firm.
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Investment banking firm
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Investor details for Thrift
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Investments & Acquisitions by Thrift+
Investment portfolio details for Thrift
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Financial Statements - Thrift
Detailed financials for Thrift
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Thrift+ Comparisons
Peer comparison for Thrift
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Competitors of Thrift+
Thrift+ 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, The Nu Wardrobe, The Edit Ldn, Luxe Collective Fashion and OWNI, among others.
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Pre-owned fashion products are traded via an app-based marketplace.
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Used clothes are shared through an online community platform.
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Preowned sneakers and apparel are sold via an online platform.
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Second-hand fashion items are sold via an online marketplace.
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Second-hand fashion items are offered through an online marketplace.
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Detailed competitors of Thrift
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Latest news on 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.
As of Mar 31, 2020, the latest employee count at Thrift+ is 31.
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.