Cress
Marketplace for preloved and sustainable new children's items, promoting a circular economy and eco-conscious community.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | £234k | Seed | |
| Total Funding | 000k | ||
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Cress is an innovative startup that operates a digital marketplace for preloved and sustainable new children's items. The company is dedicated to building a community of like-minded parents who are committed to eco-conscious living and helping each other. Cress serves parents looking for affordable, sustainable fashion for their children, offering a wide range of items from everyday clothes to fancy dress costumes that kids might only wear once.
The market Cress operates in is the circular economy, specifically focusing on children's clothing. The circular economy is a system aimed at eliminating waste and the continual use of resources. By buying and selling preloved items, Cress helps reduce fashion waste and promotes sustainability.
Cress's business model is straightforward: it provides a platform where users can buy, sell, and browse preloved children's clothes. Parents can set up profiles, list items for sale by adding photos and descriptions, and purchase items directly through the platform. For those short on time, Cress offers a "Golden Service" where parents can send in bags of clothes, and Cress takes care of the rest, making the process hassle-free. This service also includes a free book with every purchase to encourage reading and education among children.
The company makes money by charging a commission on sales made through its platform. Additionally, it may generate revenue through premium services like the Golden Service, which offers added convenience for busy parents.
Cress also leverages AI technology to list free educational events for children during school holidays across the UK, helping parents save money while keeping their kids engaged and enriched.
In summary, Cress is more than just a marketplace; it's a community-driven platform aimed at promoting sustainability and supporting parents in raising their children in an eco-friendly way.
Keywords: preloved, sustainable, children's items, circular economy, eco-conscious, community, marketplace, fashion waste, AI technology, educational events.