Greenchic

HEADQUARTER Genoas
INDUSTRY Fashion
SUB-INDUSTRY Circular economy & marketplace

REVENUE 2020
€3,4M

ROUND SIZE
€2,6M

Greenchic is the first community-based platform to earn value from clothes, shoes and bags you no longer use. From the comfort of home, users earn reward points (“stars”) by shipping their clothes. 

The stars can be spent immediately to buy clothes, shoes and bags, adding a few euros: an easy, fast and fun customer experience.

 

THE ADVISOR’S SUPPORT

With the support of CBGC, greenchic met a large number of investors of different categories. The opportunity for a credible growth strategy and subsequent rounds was granted, while welcoming feedbacks from investors at various stages. As a result, a €1.6 million capital increase was opened, largely already subscribed by strategic investors.

 

INVESTORS AND PROCESS

Strategic industrial investors, business angels.

 

EXIT POSSIBILITIES

Forecasted Series B round with international venture funds leading the company to an exit with transfer of shares to a fashion multinational.

Connecting outstanding entrepreneurs and visionary investors