Modacruz
Online shop to sell and buy second-hand luxury clothing.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| N/A | $5.0m | Acquisition | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Modacruz is an innovative online marketplace that specializes in the resale of high-end fashion items. The company primarily serves fashion-conscious individuals who are looking for luxury brands at more affordable prices. Modacruz operates in the second-hand luxury goods market, which has been growing rapidly as consumers become more environmentally conscious and seek sustainable fashion options.
The business model of Modacruz is straightforward yet effective. It allows users to buy and sell pre-owned luxury items such as clothing, accessories, and cosmetics. Sellers list their items on the platform, and buyers can browse through a wide range of products from renowned brands like Gucci, Louis Vuitton, Prada, and Chanel. The platform ensures the authenticity of the items, which is a crucial factor for buyers when purchasing high-end goods.
Modacruz makes money by charging a commission on each sale that occurs on its platform. This commission-based revenue model aligns the company's interests with those of its users, as Modacruz only earns when a transaction is successfully completed. Additionally, the company may generate revenue through premium listing fees, where sellers pay extra to have their items featured more prominently on the site.
The market for second-hand luxury goods is expanding, driven by a combination of economic factors and a growing awareness of sustainable fashion. Modacruz is well-positioned to capitalize on this trend by providing a trusted platform where buyers and sellers can connect.
In summary, Modacruz is a dynamic player in the second-hand luxury fashion market, offering a platform for buying and selling authenticated pre-owned luxury items. It serves fashion-savvy consumers looking for high-quality brands at reduced prices, and it generates revenue through sales commissions and premium listings.
Keywords: second-hand luxury, online marketplace, fashion resale, authenticated items, high-end brands, sustainable fashion, commission-based model, premium listings, luxury goods, Modacruz.
