Otrium
Company

Last deal

$85.27M
Local Amount - EUR 100M

Amount

Series C

Stage

31.03.2021

Date

3

all rounds

$114.83M

Total amount

date founded

Financing round

General

About Company
Otrium is the world's most innovative end-to-end platform for off-price fashion.

Industry

Sector :

Subsector :

Also Known As

Otrium.com

founded date

01.01.2015

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

Otrium is an online fashion outlet marketplace that connects consumers with excess stock from leading brands, enabling them to purchase designer and luxury brands at up to 75% off. With over 300 brand partnerships, including up-and-coming designers and luxury names, Otrium's proprietary technology allows brands of any size to quickly set up their own outlet store with a full-service B2C2B approach. Otrium is disrupting the fashion industry by solving the problem of unsold inventory using data and a technology-led approach. The platform aims to empower conscious consumers to reduce industry waste while giving fashion brands a lasting presence with new value and fans outside of seasonal business models. Otrium has over 4 million registered members and reaches members and brands in over 20 markets, with hubs in London, New York, Lisbon, Paris, and Amsterdam.
Contacts

Contact Email

Phone number

Social url

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Money Raised

Their latest funding was raised on 31.03.2021. Their latest investor Milano Investment Partners SGR. Their latest round Series C

Date 
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Money Raised 
Lead 
31.03.2021
4
$85.27M
Local Amount - EUR 100M
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Co-Investors
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current job

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People

Founders
2
Milan Daniels
Milan Daniels

Milan Daniels

current job

Otrium
Otrium

count Of Investments

3

Milan Daniels

Max Klijnstra
Max Klijnstra

Max Klijnstra

current job

Otrium
Otrium

count Of Investments

3

Max Klijnstra

Employee Profiles
17
Chinmay Bhatt

Chinmay Bhatt

Country Growth - UK (interim)

Koen Bremer

VP Logistics & Customer Experience

Ferid Mövsümov

Ferid Mövsümov

Engineering Team Lead

Joost Hietbrink

Joost Hietbrink

Independent Professional - Technical Lead

Mennat Mokhtar

Mennat Mokhtar

VP of Technology a.i.

Michaël Elalouf

Michaël Elalouf

CFO

Marek Liszka

Devops engineer

Paul Musters

Paul Musters

Shareholder

Activity

Recent News
2
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