Queenly

Queenly

A marketplace and search engine for the formalwear industry.

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Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-234 %18 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

More about Queenly
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Queenly is a dynamic startup that operates as the leading online marketplace for buying and selling formal dresses. The company specializes in a wide range of formalwear, including prom, pageant, and evening gowns. Queenly serves a diverse clientele, primarily targeting individuals looking for affordable yet stylish formal dresses. This includes high school students shopping for prom, pageant contestants, and anyone in need of evening attire for special occasions.

Queenly operates in the e-commerce market, specifically within the niche of formalwear. The platform boasts an extensive inventory of over 30,000 dresses, making it the largest marketplace of its kind. The business model is straightforward: users can list their dresses for sale, and Queenly handles the rest. This includes dry cleaning, packing, and shipping the dresses, as well as managing payment processing and quality inspections. This hassle-free service makes it easy for sellers to turn their wardrobe into cash and for buyers to find their perfect dress.

Queenly generates revenue through transaction fees on each sale. When a dress is sold, Queenly takes a percentage of the sale price. Additionally, the platform may offer premium listing options or other value-added services to increase visibility for sellers' items. The company also runs promotions and discounts, such as free shipping codes, to attract more customers and drive sales.

In summary, Queenly is revolutionizing the formalwear market by providing a convenient, reliable, and extensive platform for buying and selling formal dresses. The company's focus on customer care, quality assurance, and ease of use sets it apart in the competitive e-commerce landscape.

Keywords: formalwear, marketplace, prom dresses, pageant gowns, evening gowns, e-commerce, resale, quality inspection, hassle-free, affordable.

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