Yaytrade
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|
Revenues | <1m | 1.3m | 2.6m | <1m |
% growth | - | 38 % | 98 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | SEK4.0m | Early VC | |
N/A | SEK8.0m | Early VC | |
N/A | SEK16.0m | Seed | |
N/A | $602k | Angel | |
* | SEK10.6m | Private Placement VC | |
Total Funding | $5.3m |
Recent News about Yaytrade
EditYaytrade operates an online marketplace focused on extending the life of fashion by facilitating the buying and selling of premium fashion items. The platform serves environmentally conscious individuals, influencers, and brands, helping them to reduce clothing waste and improve circularity. Yaytrade partners with premium brands to sell overstock from previous and current seasons, as well as returns, providing a sustainable solution for inventory management. The company offers a full-service solution that includes inventory management, delivery to end customers, and tailored events that ensure transparency and control for their partners. Yaytrade's business model generates revenue through transaction fees and partnerships with brands. The market it operates in includes the fashion industry, particularly focusing on sustainability and circular fashion.
Keywords: online marketplace, premium fashion, sustainability, circularity, overstock sales, inventory management, delivery service, tailored events, environmentally conscious, influencers.