Qtrove
Curated marketplace that exhibits and sells non-mass produced items from small entrepreneurs across the country.
| Date | Investors | Amount | Round |
|---|---|---|---|
| $51.6m | Late VC | |
| Total Funding | 000k | ||
| USD | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| 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
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Qtrove is a niche e-commerce platform that specializes in offering a curated selection of natural and sustainable products. The company primarily serves environmentally conscious consumers who seek eco-friendly alternatives to conventional goods. Operating within the growing market for sustainable and organic products, Qtrove differentiates itself by focusing on quality and ethical sourcing. The business model revolves around partnering with small and medium-sized enterprises (SMEs) that produce eco-friendly items, thereby providing them with a platform to reach a broader audience. Revenue is generated through a commission-based structure, where Qtrove takes a percentage of each sale made through its platform. Currently, the company is undergoing internal changes and has paused its operations to reevaluate its business model.
Keywords: sustainable, eco-friendly, natural products, curated marketplace, ethical sourcing, SMEs, organic, environmentally conscious, niche e-commerce, commission-based.