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Recent deal ⸱ 15-05-2019

Otrium raises €7m to build world’s leading online fashion outlet

May 15, 2019 – Otrium, an online fashion outlet, has raised €7 million to grow its international footprint and brand partnerships. The platform has developed a unique model for selling excess inventory. Orium was advised by Lexence.

Otrium’s mission is to build the world’s leading online outlet, connecting previous collections with fashion-lovers. Founded in 2016, Otrium now has over 100 brand partnerships including up-and-coming designers and global names, such as G-Star, Puma, Vans, Pepe Jeans and Scotch & Soda.

Source: https://www.indexventures.com/news-room/news/otrium-raises-eu7m-to-build-worlds-leading-online-fashion-outlet-and-signs-up-100

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