Cult Mia
An online marketplace to discover sustainable, conscious independent fashion designers worldwide.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 | round | |
* | N/A | Seed | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 33 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Cult Mia is a digital startup operating in the e-commerce sector, specifically in the fashion industry. The company's business model revolves around curating and selling unique fashion items from emerging designers around the world. It targets fashion-forward consumers who are interested in exclusive, hard-to-find pieces that align with the company's values-driven approach.
Cult Mia's unique selling proposition is its commitment to sustainability and ethical practices. The company has removed over 7.9k kilograms of shipping emissions, equivalent to 20,355 miles driven in a gasoline-powered car. This is a significant selling point for environmentally conscious consumers.
The company also operates on a 'one order equals one donation' principle, further emphasizing its commitment to social responsibility. This means that for every purchase made, Cult Mia makes a donation, although the specifics of the donation are not detailed.
Cult Mia's revenue is generated through the sale of its curated fashion items. The company offers incentives such as a 10% discount on the first order and free international shipping to attract and retain customers.
The company also offers a 'Made to Order' service, providing personalized fashion items to meet the specific needs of its customers. This service likely commands a higher price point, contributing to the company's revenue.
In summary, Cult Mia operates in the e-commerce fashion market, serving style-conscious consumers with a curated selection of unique fashion items from emerging designers. The company's commitment to sustainability and social responsibility, coupled with its 'Made to Order' service, sets it apart in a crowded market.
Keywords: E-commerce, Fashion, Sustainability, Social Responsibility, Emerging Designers, Curated Selection, Made to Order, International Shipping, Donation, Unique Selling Proposition.