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Pre-Loved Goods C2C Marketplace - $1M Pre-Series A Capital Raise

Categories Securities, Company Start-Ups
Sale Type Asking Price
Price Guide AUD $1M capital raise ($450,000 committed) @ $4.39 per share (Pre-Money Valuation A$5.8M)
Status: Closed

Summary:

This Australian, unlisted company has a sophisticated technology platform that encompasses an innovative community and social commerce approach to buying and selling pre-loved goods. Functionality includes ability to donate their pre-loved goods to charities or worthy causes. The platform launched in September 2015, and has been successfully trialled across selected communities. In that time the platform has attracted 40,000+ users with growth rate increasing at an average of 24% month on month (MoM) in 2016. The Company is seeking capital to scale growth from existing infrastructure.

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