Online sustainable fashion outlet marketplace
Be an early applicant
Online sustainable fashion outlet marketplace
101-200 employees
Be an early applicant
101-200 employees
To tech-enabling designer brands to make sure every item they produce is worn.
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To tech-enabling designer brands to make sure every item they produce is worn.
Some candidates hear
back within 2 weeks
-15% employee growth in 12 months
Otrium is part of a growing movement to address the tons of waste created by the fashion industry due to unsold goods. Otrium gives brands an online direct-to-consumer outlet store with full control over pricing, merchandising and visibility.
Otrium offers brands a number of key advantages compared to the old ways of dealing with excess inventory such as brick-and-mortar retail outlets. It provides control over price, inventory and a technology platform that gives brands real time data and analytics on how the items they are offering are selling. The site also gives brands an easy way to sell online without the effort involved in creating their own website, and can provide analytics showing how to price excess inventory to achieve sell-through.
To date, Otrium has over 300 brand partnerships with both up-and-coming designers and luxury names, such as Karl Lagerfeld, Joseph, Anine Bing, Belstaff, Reiss, and ASICS, and more than 3 million shopping members. However, it had to shut down US operations to refocus on Europe in a 2024 profitability push.
Freddie
Company Specialist at Welcome to the Jungle
Mar 2021
$120m
SERIES C
May 2020
$25.3m
SERIES B
This company has top investors
Max Klinjnstra
(Co-Founder)Background in both web development and fashion as co-founder of digital development studio Orbitnow and fashion brand BreakingRocks
Milan Daniels
(C0-Founder)Background in both web development and fashion as co-founder of digital development studio Orbitnow and fashion brand BreakingRocks
We are all D&I Representatives (Ambassadors of inclusion)
Software Engineering
Finance, Legal & Compliance
Sales & Account Management