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FARO logo — Global fashion for less in emerging markets.

FARO

Global fashion for less in emerging markets.

Founded 2023 South Africa South Africa 25 employees Pre Seed Fashion, Retail

General Information

Company Name FARO
Founded Year 2023
Location South Africa South Africa +1
Employees 25
Industries Fashion, Retail
Funding Stage Pre Seed
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About FARO

FARO is a fashion startup based in South Africa, with a mission to bring global fashion for less to emerging markets. Founded in 2023, the company's slogan "Global fashion for less in emerging markets" highlights its focus on providing affordability in the fashion sector. FARO is positioned as a leader in Africa's sustainable fashion movement, offering affordable fashion through re-commerce. The company partners with fashion businesses to reduce textile waste and dumping at both production and consumption levels. In September 2023, FARO secured a Pre Seed Round investment, marking an important milestone in the company's journey. The investors behind this infusion of capital are yet to be disclosed, but this funding is set to propel FARO further in its mission to make sustainable fashion accessible in emerging markets.

Taxonomy: sustainable fashion, re-commerce, textile waste reduction, affordable apparel, fashion industry collaboration, environmental sustainability

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Pre Seed Round •••••• - 15 Sep 2023

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FAQ About FARO

Global fashion for less in emerging markets.
FARO was founded in 2023.
FARO is headquartered in South Africa.
FARO operates in the following industries: Fashion, Retail.
FARO has approximately 25 employees.
FARO has completed 1 funding round. The latest funding stage is Pre Seed.
Top alternatives and competitors to FARO include Fashion Style Guru, FMD - The Fashion Model Directory, Showroom, Miami Fashion Week, University of Fashion. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
FARO and Fashion Style Guru 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.

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