Virgio
On a mission to build the world’s most trendy fashion brand.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
* | $10.0m Valuation: $161m | Series A | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Virgio operates in the fashion industry, focusing on sustainable and circular fashion practices. The company collaborates with select factories known for their ethical practices and ensures fair wages for its workforce, which is predominantly female. Virgio's business model revolves around tracing the environmental footprint of fashion brands by meticulously monitoring the impact of each step in the production process. This allows the company to provide consumers with reliable information to make more conscious choices. Virgio generates revenue through partnerships with fashion brands and e-commerce platforms, leveraging technology to promote sustainable living. The company aims to revolutionize the fashion industry, which is a significant contributor to environmental pollution, by integrating age-old practices with cutting-edge technology.
Keywords: Circular fashion, sustainable practices, ethical manufacturing, eco-friendly materials, fair wages, environmental footprint, conscious choices, technology integration, fashion industry, pollution reduction.