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Thrift+
Online marketplace for second hand fashion
- 21-100 employees
- B2C
- Marketplace
- Fashion
- Leicester, England
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Company mission
Thrift's mission is to enable a circular fashion economy by making it easier to re-sell than to discard.
Our take
Thrift is the U.K.'s largest online second-hand fashion store and clothing donation service. The company is setting out to reduce the waste associated with the fashion industry by allowing people to easily donate their clothes while also supporting their favourite charities.
Thrift collects clothing from individuals and businesses, sorts, photographs & lists them on their online store. Sales generated through e-commerce are then split between Thrift+, the donor, and their chosen charity.
According to the CEO, Joe Metcalfe, over 50,000 bags of clothing are donated every day, which represent a market size of £1.4bn. Thrift is hoping to gain a significant share in this market and have recently raised £950k, which will be invested in scaling the operations associated with its clothing donation service.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Flexible company culture and WFH policy
- 25 holiday days (in addition to public holidays)
- Private healthcare and pension plan
- Flexible working hours (10:30am - 4:30pm core hours; you chose your remaining hours)
- Personal £1,000 learning & development budget each year
- Free access to all courses on Udemy For Business
Funding (last 2 of 3 rounds)
Jan 2023
$2.1m
EARLY VC
Apr 2020
$1.3m
EARLY VC
Total funding: $4m
This company has top investors
Leadership
Joe Metcalfe
(CEO)Studied Natural Sciences and Management at University of Cambridge. Previously Consultant at Credo Business Consulting LLP for 4 years and Founder of Charity Street.