An on-demand-fashion-rental startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow™
The Daily Dealflow ™ newsletter delivers one startup to your inbox every work day and is presented by Silicon Valley Bank.
Startup of the Year™ discovers and supports the most promising and innovative startups from around the world through #DailyDealflow, #SOTYPodcast, and more.
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Rent My Wardrobe
Rent My Wardrobe is a P2P marketplace for on-demand fashion rental.
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Rent My Wardrobe is the first app-based platform that facilitates a peer-to-peer rental service for women’s fashion.
Their users have a two-way advantage of saving money on clothes they rent and making money on clothes they list. And by promoting renting from other women in their users' geographical area, Rent My Wardrobe eliminates high margin for shipping costs and warehouse overhead.
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What's Innovative About Their Solution?
Rent My Wardrobe's app is different from other p2p fashion rental models because its features contemplate and allow for direct, in-person exchange, thus alleviating warehouse, shipping, and dry cleaning logistics.
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⚙️ Product Stage
First Full Release
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🏭 Industries
Sharing Economy, Fashion
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🤑 Fundraising Status
Prefer not to say
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💸 Total Funding
To Date
$500k-$1.5MM
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🙌 Founder Demographics
Female founder
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Big Wins
- Over 3K downloads in first month
- 1K pieces of inventory
- $200K GMV
- 65 brand advocates
- 7 stylists
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Contact the Founder:
Rachel Sipperley
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Further Your Passion For Startups
The Startup of the Year Podcast raises the bar for startups around the world by providing further insight on the emerging companies featured in our Daily Dealflow ™ newsletter and by highlighting newsworthy stories and global trends affecting the startup ecosystem. Thank you to American Airlines and Silicon Valley Bank for your sponsorship!
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Thank you to our Daily Dealflow Sponsor!
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2019 Startup Outlook Report
SVB is pleased to present the 10th edition of our annual Startup Outlook Report, focusing on the innovation economies of the US, the UK, China and Canada. Read the report here.
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