3 years ago
Save Your Wardrobe Secures $3 Million Seed Funding for European Expansion
Save Your Wardrobe, a UK-based circular wardrobe platform, raised $3 million in seed funding
The company plans to use the funds for European expansion, particularly in the UK, Germany, and France, as well as for growth of its product and technology teams, scaling its B2B offering, and improving its product and technology
Save Your Wardrobe offers a platform that brings consumers, local businesses, and global brands together, providing access to aftercare services for clothes
The company's solution uses AI to scan, identify, and store garments in users' virtual wardrobes
Founder and CEO Hasna Kourda was inspired to create the solution after witnessing the excessive consumption and rise of fast fashion in Europe
Save Your Wardrobe has already secured a partnership with Zalando, one of the world's biggest global retailers, to launch a Care & Repair initiative.
ProblemTechnology
"the excessive levels of consumption and rise of fast fashion leading to waste and environmental issues"
Solution
"a circular wardrobe platform that enables consumers, local businesses, and global brands to work together, offering access to aftercare services and AI-powered scanning and storage of garments for alteration, repair, eco-cleaning, customization, and upcycling"