
OPUMO
Contemporary lifestyle marketplace connecting artists, designers, influencers, and customers.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
£1.2m | Seed | ||
Total Funding | 000k |
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | - | (11 %) | 13 % |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
OPUMO operates as a curated online marketplace, targeting design-conscious consumers with a selection of products spanning menswear, lifestyle, and home decor. The company was established in London, United Kingdom, in 2012 by co-founders Nick Ayoub and Harry Beattie. Both founders brought relevant experience to the venture; Ayoub had a background in finance and a passion for classic cars, which influenced the platform's aesthetic, while Beattie's experience was in marketing and e-commerce. Their shared interest in design and a perceived gap in the market for a single destination for high-quality, well-designed products drove the creation of the platform.
The business functions as a digital department store, sourcing and curating items from a variety of international brands and designers. Its product catalog includes clothing, footwear, accessories, art prints, and furniture. OPUMO's revenue is generated through the sale of these goods directly to consumers via its e-commerce website. The platform distinguishes itself by focusing on storytelling and content creation, providing editorials, lookbooks, and brand stories to engage its audience and contextualize the products it sells. This content-led commerce strategy aims to build a community around a shared appreciation for design, rather than just facilitating transactions.
Initially launched with a small selection of five brands, OPUMO has since expanded its portfolio to include hundreds of brands from around the world. A significant milestone was the development of its own content platform, the OPUMO Magazine, which serves as a key driver for customer engagement and reinforces its position as a tastemaker in the design space. The company serves a global clientele of individuals seeking distinctive and high-quality products that are not always available on mainstream retail sites. The selection process is a core part of its value proposition, with an in-house team of curators selecting items based on craftsmanship, aesthetic appeal, and the story behind the brand.
Keywords: curated marketplace, menswear, lifestyle products, e-commerce, content commerce, home decor, online retail, designer goods, digital magazine, fashion accessories