Romanian sustainable fashion startup Dressingz raises EUR 0.3 mln on crowdfunding platform Rōnin

Dressingz, the circular fashion marketplace where users can buy and sell premium clothes and accessories from their personal wardrobe, raised EUR 300,000 on the platform Rōnin in the first two weeks since launching the crowdfunding campaign. The figure represents over 60% of the target set at EUR 500,000.

The funds will support the acceleration of product development, technological improvements, marketing actions, and new hirings, the company said. The business is currently valued at EUR 3.5 million.

In the second week of the campaign, community members who support the Dressingz mission were joined by several strategic investors, who, in addition to the financial contribution, also want to bring their expertise to the startup’s further development.

“We founded Dressingz with the idea of adding quality to the wardrobes of fashion lovers, but also a good addition for the planet. […] Our solution is a circular ecosystem, which has at its core a marketplace platform where consumers can sell and buy premium clothing items from well-known brands and even collectibles, thus extending the life cycle of quality clothes,” said Romina Tăzlăoanu, founder and CEO of Dressingz.

All processes carried out on Dressingz are automated, allowing the listing, sale and delivery of products in just a few clicks from the web or the mobile application. According to the company, luxury items are priced up to 90% off retail prices so that anyone can access premium pieces from their favorite designers in good condition.

(Photo source: Andrii Kucher/Dreamstime.com)