Lucky Sweater
Makes it easy and fun to trade, discover, and learn with the slow fashion community.
| Date | Investors | Amount | Round |
|---|---|---|---|
$750k | Seed | ||
| 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
Lucky Sweater is an innovative startup that operates in the slow fashion market, providing a unique platform for clothing swaps. The company targets environmentally conscious consumers who are interested in sustainable fashion and want to reduce their carbon footprint by trading clothes instead of buying new ones. Lucky Sweater's primary clients are individuals who value community-driven, sustainable fashion choices and are looking for an engaging and fun way to refresh their wardrobes.
The business model of Lucky Sweater revolves around facilitating the exchange of clothing items among its users. Every Tuesday, the platform showcases items available for trade, allowing users to browse, list items they want to trade, and request trades. This weekly event creates a sense of anticipation and community engagement, making the trading process enjoyable and interactive.
Lucky Sweater generates revenue through a subscription model, where users pay a fee to access the platform's trading services. This model ensures a steady stream of income while fostering a dedicated community of users who are committed to sustainable fashion practices. Additionally, the platform may explore other revenue streams such as premium memberships, advertising partnerships with sustainable brands, and transaction fees on trades.
The market for slow fashion is growing as more consumers become aware of the environmental impact of fast fashion. Lucky Sweater positions itself as a leader in this niche by offering a user-friendly platform that simplifies the trading process and promotes sustainable fashion choices. The company's focus on community engagement and education about slow fashion further strengthens its market position.
In summary, Lucky Sweater is a startup that provides a platform for clothing swaps, targeting environmentally conscious consumers in the slow fashion market. The company operates on a subscription-based business model and aims to make sustainable fashion accessible and enjoyable for its users.
Keywords: slow fashion, clothing swaps, sustainable fashion, community-driven, subscription model, environmentally conscious, trading platform, user engagement, sustainable brands, wardrobe refresh.