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ClosetUp


Investment Round Size:

$500.000 USD

Stage:

Pre-seed

Deck:

See Deck


PROBLEM

Highly polluting fashion industry (10% of carbon emissions and 215 trillion liters of water). Growing demand for sustainable fashion (LATAM circular clothing market projected to reach $3.8 billion by 2026).


SOLUTION

ClosetUp is platform for buying and selling pre-loved clothing in good condition, promoting sustainable and circular fashion.


VALUE PROPOSAL

B2B Focus: ClosetUp caters specifically to businesses seeking sustainable and cost-effective apparel solutions, tapping into a rapidly growing market with immense potential.
Technology-Driven Approach: ClosetUp invests heavily in advanced technology to optimize operations, enhance user experience, and boost conversion rates.
Circular Business Model in Triple Impact: ClosetUp promotes sustainable practices by encouraging the reuse and recycling of high-quality pre-loved clothing, reducing the industry`s environmental footprint.


TWEET PITCH

ClosetUp is a sustainable fashion startup that gives clothing a second chance through a Resale as a Service (RaaS) business model B2B.


TARGET MARKET

TAM: 120 Billion USD revenues
SAM: 19.5 Billion USD revenues
SOM: 3.8 Billion USD revenues
LATAM Sustainable & Circular Fashion