Fundraising Fox

Fleek

6 known investors

Fleek is a London-based B2B marketplace and AI software layer for wholesale secondhand and vintage clothing.

Also known as Fleek Β· Fleek (joinfleek.com) Β· joinfleek

Investors Β· 6

Also in the syndicate Β· 1

H14

Funding

SEC filings, press & company announcements

$50M disclosed across 2 of 4 rounds Β· 2024–2026

Source: company announcements and press reports β€” follow each round's link for the claim.

Company profile

researched Aug 2026

Fleek operates a business-to-business marketplace that connects wholesale suppliers of secondhand and vintage clothing β€” used-clothing wholesalers, rag-houses, graders and donation centres, most of them located in India, Pakistan and Dubai β€” with the vintage shops, online resellers, boutiques and retail chains that sell to end consumers, primarily in the U.S. and Europe. Buyers browse and purchase bundles of graded garments through Fleek's app and website, with shipping included in listed prices, customs and duties handled for most countries, and buyer protection covering orders; buyers can also post sourcing requests or book video handpicks. Listings are organised by category such as denim, tees and Y2K, and the platform states that per-piece pricing falls as order volume rises.

Alongside the marketplace, Fleek has built software intended to digitise the used-clothing supply chain, which sources describe as fragmented, largely offline and manual, with inconsistent grading standards and limited pricing transparency. Its central technology product is Fleek Sort, a custom computer vision-language model that identifies a garment's brand, style and category from smartphone photos, flags defects such as rips or faulty seams, and estimates both expected resale price and time to sell. Buyers and sellers can still negotiate prices, particularly on large lots.

The company was founded in 2021 and is headquartered in London. It went through Y Combinator's Winter 2022 batch and, as of July 2026, reported connecting roughly 2,000 verified suppliers with more than 50,000 retailers and resellers across over 100 countries, having raised $45M in total funding.

Founding story

Co-founder Abhi Arora developed the idea while living near Brick Lane, London's vintage fashion district, after his favourite vintage shop announced it was closing. The owner explained that COVID-19 had ended her direct buying trips to Asia and the Middle East, pushing her to online brokers who charged high commissions; she was scammed out of more than $15,000 by one broker and closed the store. Arora teamed up with Sanket Agarwal, whom he met in an online founders' community and whose mother-in-law also sold vintage clothing and struggled with sourcing, concluding that industry supply was not scaling as fast as demand. Arora previously co-founded video AI startup Verchable, was an early employee at Dubsmash where he led growth to 300M users before its acquisition by Reddit, and holds a BS from UC Berkeley and an MBA from Cambridge. Agarwal is a software engineer who worked at Google, Suki and Uber, and led consumer product (20M MAU) and marketing technology teams at Postmates.

Business model

Fleek runs a B2B wholesale marketplace intermediating between secondhand clothing suppliers/graders and retail-facing buyers. It stands behind transactions with buyer protection so buyers are protected against being scammed, includes shipping in listed prices and handles customs and duties for most countries, with small order and buyer protection fees applied at checkout. One market-data profile characterises the business model as B2B with marketplace commission.

Sources describe a marketplace model in which shipping is bundled into listed prices and small order and buyer protection fees may apply at checkout; a third-party company profile characterises the customer profile as marketplace commission. No revenue figures are disclosed in the sources.

Traction

At the July 2026 Series B, Fleek reported connecting 2,000+ verified wholesale suppliers and graders with 50,000+ retailers, resellers and boutiques across 100+ countries, and said it had helped keep more than 12 million items in circulation, with estimated savings of 13 billion litres of water and 23,000 tonnes of CO2 avoided. Its own site cites 45,000+ buyers, 2k+ suppliers, more than 1 million bundles available and shipping to 90+ countries. Y Combinator lists a team size of 100. Fleek's largest partner moves around 600,000 pounds of clothing a day.

Latest developments

On 8 July 2026 Fleek announced a $25M Series B led by Burda Principal Investments with participation from eBay, FJ Labs and H14 alongside existing investors Andreessen Horowitz, HV Capital and Y Combinator, bringing total funding to $45M; the company declined to disclose its valuation. Funds are to be used to scale its AI sorting, grading and pricing systems, build a more AI-native marketplace, expand engineering teams and grow its supplier and buyer network. Fleek Sort is in production with graders in Pakistan, India and Dubai with pilots in the U.K., Europe and the U.S., and the team is extending the model from photos to video.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Fleek positions itself as infrastructure for the secondhand clothing trade, which sources describe as a $200-billion-plus industry through which up to 24 billion garments move annually, but which remains manual and opaque. Fortune notes that demand for vintage clothing currently outstrips supply, with Vinted, Depop and eBay scrapping selling fees to attract sellers, and quotes co-founder Arora saying supply is the industry's biggest constraint. Lead investor Burda Principal Investments, an earlier backer of Vinted, described Fleek as building infrastructure for the next generation of fashion. As of July 2026 the platform reported approximately 2,000 verified suppliers and more than 50,000 buyers across 100+ countries.

Fleek combines a transaction-backed B2B marketplace β€” buyer protection, included shipping, handled customs and duties, verified suppliers and quality-check centres in Karachi and Delhi β€” with a proprietary vision-language model for automated identification, defect detection and price/time-to-sell estimation, aimed at a supply chain otherwise described as secretive, fragmented, offline and inconsistently graded.

Technology

Fleek Sort is a custom computer vision-language model trained on four years of Fleek's own transaction data. It ingests photos taken with an ordinary smartphone β€” performing better with more images but able to work from a single front-facing photo β€” and identifies the garment's brand, style and category, flags defects such as rips or faulty seams, and estimates the clearing price and time to sell. Fleek says it built the model in-house because third-party models would have been prohibitively expensive at the volumes involved. The model is in use by graders in sorting hubs in Pakistan, India and Dubai, with pilots in the U.K., Europe and the U.S. The team is extending the technology from photos to video and studying application to conveyor belts in sorting facilities, though the founders note that robots able to sort and grade as fast as humans remain some way off. The model can spot obvious fakes, and Fleek also operates quality-check centres in Karachi and Delhi that inspect items.

Go-to-market

Fleek sells through a mobile app distributed via the Apple App Store and Google Play alongside its website, positioning itself as a replacement for charity-shop and car-boot sourcing. Onboarding is presented as a three-step flow: download the app, choose a bundle by category, then list items for resale. Supply-side growth comes from recruiting and verifying wholesale suppliers and graders, and the company displays supplier ratings and repeat-buyer counts. Part of the Series B is earmarked for growing its global network of suppliers and buyers and expanding engineering teams.

Buyers are vintage stores, online resellers on platforms such as eBay, Vinted and Depop, boutiques, professional resellers, larger retail chains and some brands, primarily in the U.S. and Europe. Suppliers are used-clothing wholesalers, rag-houses, graders and donation centres, concentrated in India, Pakistan and Dubai.

Geography

Headquartered in London, United Kingdom. Supply is concentrated in India, Pakistan and Dubai, where much of the world's secondhand clothing is sorted and graded; buyers are primarily in the U.S. and Europe, with the platform stating shipping to 90+ countries and reported activity across 100+ countries. Fleek Sort is deployed with graders in sorting hubs in Pakistan, India and Dubai, with pilots in the U.K., Europe and the U.S., and the company runs quality-check centres in Karachi and Delhi. Job postings are listed for London and remote roles including remote (US).

History

Fleek was founded in November 2021 by Abhi Arora (CEO) and Sanket Agarwal (CTO), who sold their first bundle that same month. The company joined Y Combinator's Winter 2022 batch. It spent roughly its first three years building the marketplace itself; about a year before the July 2026 Series B the founders began developing AI capabilities, producing the Fleek Sort model trained on four years of the company's own transaction data. Y Combinator's page cites TechCrunch coverage of a $20.4M raise in November 2024, and in July 2026 the company announced a $25M Series B that brought total funding to $45M.

Risks & controversies

The industry problem Fleek addresses includes fraud by intermediaries β€” Fortune recounts a Brick Lane store owner scammed out of more than $15,000 by an online broker. Guaranteeing authenticity remains a challenge for Fleek: its model can spot obvious fakes but the company also relies on manual quality-check centres in Karachi and Delhi. The company's site notes that new tariffs may apply to U.S. buyers, and that customs and duties are covered only for most countries. Regulatory change is framed as a potential tailwind: EU rules requiring separate textile collection and forthcoming rules prohibiting retailers from destroying unsold inventory should push more clothing into Fleek's channels. Note that third-party aggregator listings conflict on funding history β€” one secondary-market data page shows a $105.1M total raised and multiple undated Series B entries, which is inconsistent with the $45M total stated in primary press coverage.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Bundles available on marketplaceJan 20261,000,000 bundles
Buyers sourcing on Fleek (company site)Jan 202645,000 buyers
Countries servedJul 2026100
Estimated CO2 emissions avoidedJul 202623,000 tonnes
Estimated size of secondhand garment trade (company estimate)Jul 202624,000,000,000 garments per year
Estimated water savedJul 202613,000,000,000 litres
Items kept in circulationJul 202612,000,000 items
Retailers, resellers and boutiques on platformJul 202650,000 buyers
Shipping coverageJan 202690
Suppliers on marketplace (company site)Jan 20262,000 suppliers
Team sizeJan 2026100 employees
Total funding raised to dateJul 2026$45M
Verified wholesale suppliers on platformJul 20262,000 suppliers
Volume moved by largest partnerJul 2026600,000 pounds of clothing per day

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 4

launches, deals, and filings
Jul 2026
Fleek raises $25M Series B led by Burda Principal Investments

London-based Fleek announced a $25M Series B led by Burda Principal Investments, with participation from eBay, FJ Labs and H14 alongside existing investors Andreessen Horowitz, HV Capital and Y Combinator. The company declined to disclose its valuation. Proceeds are earmarked for scaling its AI systems for sorting, grading and pricing used garments, building a more AI-native marketplace, expanding engineering teams and growing its supplier and buyer network.

$25M source β†—

Jul 2026
Fleek Sort vision-language model deployed with graders

Fleek introduced Fleek Sort, a custom computer vision-language model trained on four years of the company's transaction data that identifies brand, style and category from smartphone photos, flags defects and estimates resale price and time-to-sell. It is in use by graders in sorting hubs in Pakistan, India and Dubai, with pilots launching in the UK, Europe and the US.

source β†—

Nov 2024
Fleek raises $20.4M (reported by TechCrunch)

Y Combinator's company page links a TechCrunch article dated 12 November 2024 reporting that Fleek, a marketplace for wholesale second-hand clothes, raised $20.4M.

$20.4M source β†—

Jan 2022
Participated in Y Combinator Winter 2022 batch

Fleek is listed as a Y Combinator Winter 2022 company, with Brad Flora as primary partner.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Fleek do?
Fleek is a London-based B2B marketplace and AI software layer for wholesale secondhand and vintage clothing.
Who are Fleek's investors?
Fleek's investors include Digital Currency Group, Burda Principal Investments, Chapter One, Ebay, FJ Labs.
How much funding has Fleek raised?
Fleek has disclosed $50M raised across 2 of its 4 known rounds.