Sellpy
Sellpy lets users and sellers to consume second hand clothing, whereas the pieces unsold will be either reused or donated to charity.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | N/A | Late VC |
| Total Funding | 000k | ||
| SEK | 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 75 % | - | 75 % | 81 % | 58 % | 36 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | (18 %) | (9 %) | (2 %) | (4 %) | (5 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Sellpy is a Swedish company that operates an online marketplace for second-hand goods. The business model is centered around providing a convenient service for individuals to sell their used items, primarily clothing and accessories. Customers can order a 'Sellpy bag,' fill it with items they wish to sell, and then send it to Sellpy. The company then manages the entire sales process, which includes sorting, photographing, listing the items on its platform, and handling shipping to the buyers.
Sellpy's revenue is generated through a commission on the items sold. The seller receives a share of the selling price, while Sellpy takes a percentage for its services. This model targets individuals who want to declutter and earn money from their used items but lack the time or desire to manage the sales process themselves. The market is the growing online second-hand and circular economy space. By simplifying the selling process, Sellpy aims to encourage more people to participate in the circular economy.
Keywords: second-hand marketplace, circular economy, e-commerce, consignment service, used goods, online retail, sustainable fashion, resale platform, clothing resale, decluttering service