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Style Lend

Style Lend

Airbnb of Fashion

New York, New York, US

consumer internet, fashion & apparel, tech startup, Internet (Software & Services)

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Reservations

$2,780,000 of $2,000,000
Convertible Note

Style Lend is raising $2,000,000 with a minimum reservation of $25,000. Numbers displayed include non-binding reservations before investors are verified, signed, or closed.

Highlights

  • 50,000 sign ups in 2016
  • $150,000 ARR
  • Strong Margins: 33%

Elevator Pitch

Style Lend is the first peer to peer fashion rental marketplace. Put your idle closet to work for you and earn cash monthly. It's like Airbnb for your closet.

KPIs

$150,000 Sales
50,000 Users
4 Employees

Traction

10,000 women visit Style Lend Monthly to Lend and Rent Fashion

February, 2017

50,000 sign ups

January, 2017

$150,000 in transactions

December, 2016

2,500 listings in the marketplace

December, 2016

Received $100,000 worth of merchandise from Farfetch to monetize through rentals.

December, 2016

Won multiple pitch contests including Startup Weekend for fashion and technology, MLOVE and Mr/Ms Silicon Valley

October, 2014

Raised $1.7M of $2M of the seed round

April, 2016

Documents

Confidential

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