What is Luxus & Invoco?
Luxus & Invoco operates as a pioneering sustainable thrift company, distinguished by its Climate Neutral certification and membership in 1% for the Planet. The core of its operations involves the sophisticated resale of premium secondhand apparel, shoes, purses, and accessories. By employing artificial intelligence, the company streamlines the entire lifecycle of secondhand goods, from acquisition to sale, making sustainable fashion more accessible and efficient for consumers. Their #planetsavinglife initiative further encourages a broader adoption of eco-friendly practices within the fashion industry.
How much funding has Luxus & Invoco raised?
Luxus & Invoco has raised a total of $13K across 1 funding round:
Debt
$13K
Debt (2021): $13K with participation from PPP
What's next for Luxus & Invoco?
With the recent infusion of moderate growth capital, Luxus & Invoco is poised for significant expansion. The Series A/B funding context suggests strategic investments in technology enhancement, broader market outreach, and potentially the development of new sustainable fashion verticals. The company's AI-driven platform is expected to play a crucial role in scaling its operations, enhancing customer experience, and solidifying its position as a leader in the circular economy for fashion. Future developments may include partnerships aimed at further reducing fashion waste and promoting a more sustainable consumption model.
See full Luxus & Invoco company page
