About WearAway
WearAway is a company based in Los Angeles (United States) founded in 2014 by Arpi Dermardirousian and Lee Greene. It operates as a C2C. WearAway has raised $100 thousand across 1 funding round from investors including NVP Capital. WearAway operates in a competitive market with competitors including Curtsyapp, Pickle, Style Lend, LE ORA and DesignerShare, among others.
- Headquarter Los Angeles, United States
- Founders Arpi Dermardirousian, Lee Greene
- SectorsRetail
- Website wearaway.com
- Social X
- Total Equity Funding$100K (USD)
in 1 rounds
- Latest Funding Round$100K (USD), Seed
Apr 2017
- Investors
Funding Insights of WearAway
WearAway 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 April 2017. 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
(Apr 2017)
- Investors Count 1
All 1 funding rounds of WearAway 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 |
|---|---|---|---|---|---|
| Apr 2017 | $100,000 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in WearAway
WearAway has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include NVP Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital is provided to innovative startups by NVP Capital. | – | newarkventurepartners.com | - |
Investor details for WearAway
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.
People of WearAway
2 people are tracked at WearAway (2 in leadership).
| Name | Role | Group |
|---|---|---|
Arpi Dermardirousian | Co-Founder | Leadership |
Lee Greene | Co-Founder | Leadership |
Complete people profiles for WearAway
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of WearAway
2 dated milestones of WearAway across 3 years, from founding to its latest funding, stage changes and deals.
- Founded WearAway is founded.
- Funding First funding round of $100K.
Competitors of WearAway
WearAway 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 Curtsyapp, Pickle, Style Lend, LE ORA and DesignerShare, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| curtsyapp.com | 2015 | Mountain View, United States | $11.12M | 10 | Apparel and accessories are rented peer-to-peer via mobile apps. | |
| shoponpickle.com | 2021 | New York, United States | $20.52M | – | Multi-category fashion items are rented peer-to-peer in local communities. | |
| stylelend.com | 2013 | San Francisco, United States | – | – | Designer dresses are rented peer-to-peer by women. | |
| joinleora.com | 2022 | Los Angeles, United States | $20,000 | – | Multi-category women's fashion items are rented via an online platform. | |
| designershare.com | 2016 | Chicago, United States | $50,000 | – | Multi-category fashion products for women are rented online via DesignerShare. | |
| rentmywardrobe.com | 2016 | Dallas, United States | – | – | Multi-category fashion products are rented through an online P2P platform. | |
| drex.market | 2020 | United States | – | – | Apparel rentals are facilitated via an online marketplace for occasions. |
Detailed competitors of WearAway
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.
Web traffic of WearAway
The website of WearAway (wearaway.com) receives about 680.7K visits a month.
- Monthly visits680.7K
▼ 6.7% vs previous month
Websites whose visitors overlap most with WearAway. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| falconebiz.com | 100% | 959.8K | #63,970 | View details | |
| tofler.in | 97% | 556K | #105,509 | View details | |
| zaubacorp.com | 96% | 4.9M | #12,689 | View details | |
| tracxn.com | 92% | 2.9M | #16,597 | View details | |
| indiafilings.com | 90% | 2.1M | #29,959 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for WearAway
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to WearAway
10 companies that operate in the same segment as WearAway (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 WearAway
WearAway was founded in 2014 and raised its 1st funding round 3 years after it was founded.
WearAway is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
WearAway 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 Apr 2017.
WearAway operates with a C2C model, focusing on operating online marketplaces, marketplaces, apparel, and peer-to-peer trading. Operates a peer-to-peer mobile marketplace for apparel trading. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
WearAway's top competitors include Pickle, Curtsyapp and DesignerShare.
WearAway has 1 investor. Key investors include NVP Capital.
The website of WearAway receives about 681 thousand visits a month.