WearWell

Philadelphia, United States Founded: 2017 • Age: 9 yrs
Personalized fashion shopping from socially conscious brands is offered.
Annual revenue $138,994 Latest available
Total funding $165,000 2 rounds
Employees 77 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 5 Brand Intelligence

About WearWell

WearWell is a company based in Philadelphia (United States) founded in 2017. WearWell has raised $165 thousand across 2 funding rounds from investors including Ben Franklin Technology Partners. The company has 77 employees as of December 31, 2022. WearWell operates in a competitive market with competitors including Voonik, Stylenook, IStyleYou and Sartorial Rascal, among others.

  • Headquarter Philadelphia, United States
  • Employees 77 as on 31 Dec, 2022
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Wearwell, Inc.
Operational Areas
Retail → Fashion & Retail Innovation
Key Metrics
  • Annual Revenue
    $138.99 K (USD)
    36
    as on Dec 31, 2020
  • Net Profit
    -$113.49 K (USD)
    5
    as on Dec 31, 2020
  • EBITDA
  • Total Equity Funding
    $165 K (USD)

    in 2 rounds

  • Latest Funding Round
    $165 K (USD), Seed

    Feb 13, 2020

  • Investors
  • Employee Count
    77

    as on Dec 31, 2022

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Funding Insights of WearWell

WearWell has successfully raised a total of $165K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $165 thousand completed in February 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 Rounds 2
  • Last Round Seed — $165,000
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2020 Amount Seed - WearWell Valuation

investors

Nov, 2018 Amount Seed - WearWell Valuation Ben Franklin Technology Partners

Investors in WearWell

WearWell has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ben Franklin Technology Partners.

All
Venture Fund
Investor Description Founded Year Domain Location
Technology ecosystem growth is supported in Southeastern Pennsylvania.
Founded Year Domain Location

Investments & Acquisitions by WearWell

Investments

Financial Statements - WearWell

Wearwell Comparisons

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Competitors of WearWell

WearWell 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 Voonik, Stylenook, IStyleYou and Sartorial Rascal, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Technology, logistics, and financing solutions are provided to businesses.
domain founded_year HQ Location
Online personal styling and shopping service for working women
domain founded_year HQ Location
Personal styling advice is delivered via chat with freelance stylists.
domain founded_year HQ Location
Provides an online personal styling service to help users select fashion items.

Latest news on Wearwell

Frequently Asked Questions about WearWell

WearWell was founded in 2017 and raised its 1st funding round 1 year after it was founded.

WearWell is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.

WearWell is a funded company, having raised a total of $165K across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at WearWell is 77.

Annual revenue of WearWell is $138.99K as on Dec 31, 2020.

WearWell was founded in 2017 in Philadelphia, United States, within the fashion retail sector. A personalized shopping service is provided, where customer details on style, sizing, and social issues are used by assigned stylists to curate apparel and accessories from brands meeting environmental and labor standards. Items can be kept or returned, and monthly introductions to new conscious brands are included in operations.

WearWell's top competitors include Voonik, Stylenook and IStyleYou.

WearWell has 1 investor. Key investors include Ben Franklin Technology Partners.

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