Otrium was founded by Milan Daniels.

Who are Otrium's investors?

Otrium's investors include Angel Capital Management, Bond Capital Management, Index Ventures, Keadyn, Eight Roads Ventures.

How much funding has Otrium raised?

Otrium has disclosed $120M raised across 1 of its 2 known rounds.

Otrium

5 known investors

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Otrium operates an online marketplace offering discounted fashion and apparel, featuring brand collaborations and seasonal collections with promotional pricing.

Circular Economy E-commerce Marketplaces Retail Tech

Founders & leadership

Milan DanielsFounder

Frank Van Valderen Frank Van Valderen is CEO of Otrium, an online marketplace for excess fashion inventory that works with brands to reduce waste and optimize inventory management.

Max KlijnstraFounder

Milan Daniels Max KlijnstraFounder

Investors · 5

Angel Capital Managementlisted by Angel Capital ManagementMilan

Bond Capital Managementlisted by Bond Capital ManagementSan Francisco · $100K – $25M

How we know: funding news · uktech.news · bondcap.com · open dataset · 5k.vc investor directory · Not right? Tell us

Index Ventureslisted by Index VenturesSan Francisco · $540K – $10.8M

How we know: Index Ventures's portfolio page · funding news · uktech.news · open dataset · 5k.vc investor directory · Not right? Tell us

Keadynlisted by Keadyn

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Eight Roads VenturesreportedMumbai · $5M – $30M

How we know: a partner's Signal profile · funding news · Not right? Tell us

Funding

SEC filings, press & company announcements

$120M disclosed across 1 of 2 rounds · 2021

Undisclosed amountseries CMar 2021
Source ↗
$120MraisedMar 2021 · 4 sources
BOND, Index Ventures
Source ↗

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

Related companies · 7

Poshmark, Inc.Poshmark is a fashion resale marketplace that enables individuals to buy and sell secondhand clothing and accessories through a mobile-first platform. The company operates a community-driven commerce model focused on sustainable fashion across the U.S. and Canada.

LystLyst is an online fashion shopping platform that aggregates clothing and accessories, including designer brands such as Saint Laurent, for consumers to browse and buy.

ThredupThredUp operates an online marketplace where consumers buy and sell secondhand clothing, and provides resale-as-a-service solutions for fashion brands seeking to incorporate circular commerce into their business models.

The RealRealThe RealReal is an online marketplace for authenticated luxury consignment, allowing consumers to buy and sell pre-owned designer clothing, accessories, jewelry, watches, and home goods.

FarfetchFarfetch is an online marketplace for luxury fashion, connecting customers with designer boutiques and independent retailers worldwide. The platform offers a curated selection of high-end clothing, shoes, bags, and accessories from established and emerging fashion brands.

BuzzFeedBuzzFeed is a digital media company that produces entertainment, news, and content across pop culture, food, and commerce for online audiences. The company operates multiple brands and platforms including BuzzFeed, HuffPost, and Tasty, with recent expansions into social media and AI-driven content experiences.

ZapposZappos is an online retailer selling shoes, sandals, and related footwear accessories from brands such as Crocs across men's, women's, and kids' categories. It operates as an ecommerce store offering a wide catalog of footwear and shoe charms directly to consumers.

Companies working in the same space as Otrium.

In the news

Amsterdam-based Otrium lands €102 million to grow its fashion outlet marketplace in the US | EU-Startupseu-startups.com · Mar 2021

Otrium raises $120 million for its end-of-season fashion marketplace | TechCrunchtechcrunch.com · Mar 2021

Frequently asked questions

What does Otrium do?: Otrium operates an online marketplace offering discounted fashion and apparel, featuring brand collaborations and seasonal collections with promotional pricing.
Who founded Otrium?: Otrium was founded by Milan Daniels.
Who are Otrium's investors?: Otrium's investors include Angel Capital Management, Bond Capital Management, Index Ventures, Keadyn, Eight Roads Ventures.
How much funding has Otrium raised?: Otrium has disclosed $120M raised across 1 of its 2 known rounds.