Galaxy
Fashion resale marketplace powered by live video.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor | €0.0 | round | |
* | $7.0m | Early VC | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| 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
Related Content
ShopGalaxy.com is an innovative startup operating in the second-hand clothing market. The company provides a platform that allows individuals to sell their gently used clothing, making it easy for users to monetize items they no longer need. ShopGalaxy.com serves a diverse range of clients, primarily individuals looking to declutter their closets and earn extra cash from their unwanted apparel.
The market ShopGalaxy.com operates in is the resale and second-hand clothing industry, which has seen significant growth due to increasing consumer interest in sustainable fashion and cost-effective shopping options. The platform is designed to be user-friendly, enabling sellers to connect with potential buyers effortlessly. Users can manage the entire sales process, from listing items to fulfillment, through the platform’s intuitive tools. Additionally, ShopGalaxy.com offers detailed sales analytics, helping users track their performance and optimize their selling strategies.
ShopGalaxy.com employs a hybrid business model. Users have the option to handle the selling process themselves or drop off their items at one of the company’s managed pop-up locations across the country. This flexibility caters to different user preferences, whether they want to be hands-on or prefer a more managed approach. The company generates revenue by taking a commission on each sale made through the platform. This commission-based model ensures that ShopGalaxy.com only makes money when its users do, aligning the company’s success with that of its clients.
In summary, ShopGalaxy.com is a dynamic player in the second-hand clothing market, offering a seamless and efficient way for individuals to sell their unwanted clothing. By providing both DIY and managed selling options, the company caters to a wide range of user needs, making it a versatile and customer-centric platform.
Keywords: second-hand clothing, resale, sustainable fashion, user-friendly, monetization, pop-up locations, sales analytics, commission-based, declutter, Closet Cleanout.