
Queen of Raw
Award-winning climate fintech software to take action on excess inventory, measure, report and turn pollution into profit.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor investor | €0.0 | round | |
N/A | €0.0 | round | |
investor investor | €0.0 | round | |
investor | €0.0 | round | |
* | $400m | Growth Equity 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
Queen of Raw operates a global marketplace for buying and selling sustainable and deadstock fabrics and textiles. The platform connects businesses, including clothing manufacturers, designers, and upholstery, with a network of sellers to efficiently reuse, resell, and recycle excess raw materials.
In addition to the marketplace, the company offers a software solution called Materia MX. This tool helps businesses manage their excess inventory by centralizing and syncing data, which in turn helps to reduce waste and greenhouse gas emissions. The software provides data tracking and analysis to help companies monetize their unused raw materials and finished goods.
The business model is centered around facilitating transactions on its marketplace and providing its inventory management software to businesses. The company serves a range of clients, from students and crafters to large clothing manufacturers. By creating a circular economy for textiles, Queen of Raw addresses the significant issue of textile waste in the fashion and manufacturing industries, where billions of dollars worth of unused fabrics are often discarded.
Keywords: deadstock fabrics, textile waste, sustainable textiles, inventory management, supply chain, marketplace, circular economy, raw materials, fabric sourcing, resale