What is REFASH?
REFASH operates as Singapore's largest destination for pre-owned fashion, offering a diverse selection of like-new apparel from popular brands at substantially reduced prices. The company is dedicated to promoting secondhand shopping as a primary sustainable choice for consumers. By integrating both online and offline retail channels, REFASH aims to foster a positive environmental impact through its commitment to sustainable fashion practices. Its core clientele comprises environmentally conscious shoppers actively seeking stylish and affordable clothing alternatives.
How much funding has REFASH raised?
REFASH has raised a total of $294K across 1 funding round:
Angel/Seed
$294K
Angel/Seed (2016): $294K with participation from TinkBig Venture Sdn.Bhd and Tri5 Ventures
Key Investors in REFASH
TinkBig Venture Sdn.Bhd
TBV Capital is a venture capital firm based in Kuala Lumpur, Malaysia, specializing in private equity investment, financial services, and investment management, founded in 2017.
Tri5 Ventures
Tri5 Ventures operates within the Information & Document Management sector, employing between 20 to 49 individuals and generating revenues in the range of $5M to $10M.
What's next for REFASH?
The substantial late-stage funding and major strategic investment signal a pivotal moment for REFASH. This capital infusion is expected to fuel further expansion, enhance operational efficiencies, and potentially broaden its market reach. The company's focus on sustainability and affordability positions it favorably to capitalize on the growing consumer demand for eco-friendly fashion solutions, suggesting a continued upward trajectory in the competitive apparel market.
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