
olook
Fashion online portal bringing news and reviews about products.
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor investor | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
Olook positioned itself within the Brazilian e-commerce landscape as a fashion-centric platform targeting female consumers. Launched in December 2011, the company aimed to deliver a personalized shopping experience by curating product showcases based on individual user styles and occasions. The business was founded by a team with diverse experiences in the digital and fashion sectors, including André Beisert, an e-commerce specialist, and Helena Bordon, a fashion influencer. They were joined by Lucas Viana, who had a background in online retail, and Rodrigo Studart, who brought financial expertise to the venture.
The company's business model was rooted in the fast-fashion concept, emphasizing a rapid turnaround of styles that reflected current trends at an accessible price point. Olook generated revenue through direct-to-consumer online sales of its private-label shoes, handbags, and accessories. A key component of its strategy was the use of a style quiz, which gathered data on customers' preferences to create personalized showrooms, a feature designed to enhance user engagement and drive sales. This approach combined content, commerce, and personalization to build a distinctive brand identity in the competitive online fashion market.
Shortly after its inception, Olook secured an investment from Monashees Capital, a prominent Brazilian venture capital firm, which provided the financial backing to scale its operations. The company was later acquired by Dafiti Group, a major player in Latin American e-commerce, which eventually led to the Olook brand being discontinued as its operations were integrated into the parent company's broader structure.
Keywords: e-commerce, fast fashion, online retail, direct-to-consumer, women's apparel, fashion technology, personalization, venture capital, brand acquisition, private label