What is REFASH?
As Singapore's premier destination for secondhand fashion, REFASH operates at the intersection of retail technology and environmental stewardship. The company curates a vast inventory of pre-loved apparel from high-street brands, offering consumers a sustainable alternative to fast fashion. By maintaining a dual-channel presence, the organization effectively captures market share from environmentally conscious demographics who prioritize both affordability and style. Their business model is designed to normalize the resale experience, transforming the perception of used clothing into a premium, accessible shopping journey.
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 Tri5 Ventures and TinkBig Venture Sdn.Bhd
Key Investors in REFASH
Tri5 Ventures
TRi5 Ventures is a venture capital firm focused on early-stage investments within the information and document management sectors, providing critical support to emerging technology-driven enterprises.
TinkBig Venture Sdn.Bhd
TBV Capital is a Malaysia-based venture capital firm specializing in private equity and investment management, dedicated to fostering growth in high-potential regional startups.
What's next for REFASH?
With the support of its latest capital injection, REFASH is well-positioned to accelerate its market penetration and refine its logistics infrastructure. The company is expected to focus on enhancing its omnichannel capabilities, potentially expanding its physical footprint while optimizing its online marketplace for better user engagement. As the secondhand market continues to mature, REFASH will likely leverage its current momentum to solidify its brand authority, focusing on operational efficiency and the scaling of its sustainable fashion ecosystem to meet the rising demand for ethical consumption.
See full REFASH company page