Tag: Otrium
Otrium raises $120 million for its end-of-season fashion marketplace
Otrium has raised a $120 million round just a year after raising its $26 million Series B round. BOND and returning investor Index Ventures are leading the round. Existing investor Eight Roads Ventures is also participating. The concept behind Otrium is quite simple. When items reach the end-of-season status, brands…
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Otrium raises $26 million to sell end-of-season fashion items
Otrium has raised a $26 million Series B funding round (€24 million) with Eight Roads Ventures leading the round. Existing investors Index Ventures and Hans Veldhuizen also participated. Otrium works with clothing brands to help them sell items when they reach the end-of-season status. Due to fast fashion, you have…
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