By Rotation
By connecting a community of style-conscious and pragmatic individuals, you can rent what you need and lend what you don't use as often.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
* | N/A | Early VC | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 78 % |
| 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
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By Rotation is a unique startup that operates in the fashion rental market. The company offers a peer-to-peer platform where individuals can rent out their high-quality clothing and accessories to others. Essentially, By Rotation connects people who have stylish wardrobes with those who want to wear fashionable items without the commitment of purchasing them.
The primary clients of By Rotation are fashion-conscious individuals who are looking for sustainable and cost-effective ways to refresh their wardrobes. This includes both renters, who borrow items for a short period, and lenders, who make their clothing available for rent. The platform is particularly appealing to those who are environmentally conscious and prefer to participate in the circular economy, which focuses on reusing and recycling products to minimize waste.
By Rotation operates in the fashion and technology market, leveraging a digital platform to facilitate the rental process. The business model is straightforward: lenders list their items on the platform, and renters browse and select what they want to borrow. The company makes money by charging a service fee on each transaction, which is a percentage of the rental price. This fee covers the operational costs of running the platform, including customer support, payment processing, and marketing.
The platform also offers additional services such as wardrobe management for busy individuals and brands, helping them to organize and rent out their collections more efficiently. This added service enhances the user experience and encourages more people to participate in the rental ecosystem.
In summary, By Rotation is revolutionizing the way people access fashion by making it more sustainable and affordable. The company’s innovative approach not only benefits consumers but also contributes to a more environmentally friendly fashion industry.
Keywords: fashion rental, peer-to-peer, sustainable, circular economy, digital platform, wardrobe management, cost-effective, environmentally conscious, stylish, high-quality.