2 years ago
Cult Mia Raises €2.8 Million to Lead Online Fashion Marketplace
Cult Mia, an online fashion marketplace, has raised €2.8 million in seed funding to lead the online way in conscious luxury fashion
The round was led by Fuel Ventures, with participation from Morgan Stanley, WomanKind Ventures, and David Wertheimer.
ProblemFashion
"Making luxury fashion more sustainable and accessible to a wider audience is a challenge. Many consumers are looking for ethical and eco-friendly options, but they often struggle to find them in the luxury market. Existing luxury marketplaces often have high prices, limited selection, and lack transparency about their sustainability practices."
Solution
"Cult Mia is an online marketplace that connects shoppers with sustainable and conscious luxury fashion brands. They offer a curated selection of high-quality, ethically produced clothing and accessories from independent designers. Their platform is designed to be user-friendly and transparent, allowing customers to easily find products that align with their values. They also focus on building long-term relationships with both brands and customers, creating a community around sustainable luxury."
