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ClosetShare logo — No.1 Fashion Sharing

ClosetShare

No.1 Fashion Sharing

Founded 2016 Korea South Korea South 1 employees Series A Total: $4.40B E-Commerce, Fashion +2

General Information

Company Name ClosetShare
Founded Year 2016
Location Korea South Korea South
Employees 1
Industries E-Commerce, Fashion, Internet +1
Funding Stage Series A
Social

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About ClosetShare

ClosetShare is a Sustainable Fashion Platform where women can rent, share, and resell fashion items. Founded in 2016 in Korea South, the company aims to combat the rise of mass production and fast fashion by giving women the opportunity to practice ethical fashion. The platform allows users to profit from their pre-loved fashion items and give them a second life while addressing wardrobe boredom and promoting eco-friendly practices in an environment saturated by fast fashion. The company received a substantial KRW4.40B Series A investment on 20 September 2019 from Korea Development Bank, D3 Jubilee Partners, 500 Startups Korea, and SparkLabs Ventures. ClosetShare's mission is to open up closets from women all over the world and let them share experiences through one’s closet while providing a best-in-class fashion experience with a selection of quality brands and great pieces.

Business keywords: sustainable fashion, fashion rental, sharing economy, ethical fashion, eco-friendly fashion, clothing sharing platform, fashion sharing community, pre-loved fashion, rent fashion items, resell fashion items, fashion sustainability, fashion marketplace, environmentally conscious fashion, fashion sharing closet, fashion sharing platform

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A KRW4.40B 4
Korea Development Bank 500 Startups Korea SparkLabs Ventures
Korea Development Bank, 500 Startups Korea +2
20 Sep 2019
Seed Round Undisclosed 1
TIPS Program
01 Nov 2018
Seed Round Undisclosed 1
Kakao Ventures
Kakao Ventures
03 Apr 2018

ClosetShare Alternatives & Competitors

View All Alternatives
ClosetShare vs
Sprout Collection
Sprout Collection Canada

Why splurge on clothing you'll never wear again? Rent Instead.

Pre-Seed
2 employees
E-Commerce, Fashion
ClosetShare vs
GO THRIFT
GO THRIFT United Kingdom

The first place for second-hand fashion.

Seed
29 employees
E-Commerce, Fashion
ClosetShare vs
ZAVI
ZAVI United Arab Emirates

ELEVATED EVERYDAY WEAR

13 employees
E-Commerce, Fashion
View all alternatives

FAQ About ClosetShare

No.1 Fashion Sharing
ClosetShare was founded in 2016.
ClosetShare is headquartered in Korea South.
ClosetShare operates in E-Commerce, Fashion, Internet and Mobile. Its work centres on sustainable fashion, fashion rental, sharing economy and ethical fashion.
ClosetShare has approximately 1 employees.
ClosetShare has completed 3 funding rounds, raising a total of $4.40B. The latest funding stage is Series A.
Top alternatives and competitors to ClosetShare include Sprout Collection , GO THRIFT, ZAVI, OSKELLY, YES AND. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ClosetShare and Sprout Collection are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ClosetShare, https://bouncewatch.com/company/closetshare, updated 17 November 2024. When citing, please name BounceWatch and link this page.

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