Videdressing is a French online fashion platform that operates as a collaborative marketplace for fashion lovers. The company reports more than one million users and says 60% of its sales are made through its mobile site and app. It completed a €5.4 million financing from DN Capital, Piton Capital, Earlybird and Generis Capital. Videdressing previously raised €4.6 million in 2013 and later closed another undisclosed round. With the new financing the company intends to further strengthen its mobile presence. The fundraise coincides with a management change: the CEO stepped down and former CFO Jérémy Delorme has taken the CEO role. Videdressing.com is a Paris, France-based social fashion marketplace that allows users to sell and purchase previously-owned clothing and accessories from luxury brands such as Chanel, Lanvin, Isabel Marant and Jil Sander. The site was launched in December 2009 by Meryl Job and Renaud Guillerm. The company recently raised funding from Global Founders Capital; the amount and instrument were not disclosed in the article. Videdressing intends to use the new funds to scale the business internationally. Previously, the company raised €6m in a Series A from DN Capital, Earlybird, Piton Capital and Generis Capital. No operating metrics were provided in the article. Videdressing operates a curated, fashion‑focused marketplace that blends peer-to-peer resale with a highly merchandised retail experience. The site targets fashion lovers who want a comfortable way to buy and sell pre-loved items, and also lists new or never-worn products. Videdressing was launched in December 2009 by Meryl Job and Renaud Guillerm; Job previously worked as a product manager at Chanel. The company says it grew five-fold during 2012 and now hosts a 400,000-item catalogue from more than 1,700 luxury brands, adding over 2,500 products per day. Roughly 25% of listings are new or never worn. Videdressing plans to use new funding to build market share in France and to go international with an English version of the site.

Total raised

$12M

Funding rounds

3

Latest round

Equity

Latest activity

Jun 2017