Fablic
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$9.2m | Early VC | ||
* | N/A | Acquisition | |
Total Funding | CAD12.5m |
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Recent News about Fablic
EditFablic operates a marketplace platform specializing in the buying and selling of pre-owned fashion items. The company serves individual consumers who are looking to purchase or sell second-hand clothing, shoes, and accessories. Operating primarily in the Japanese market, Fablic leverages a user-first approach to ensure a seamless and trustworthy transaction experience. The business model is based on transaction fees, where Fablic earns a commission from each sale made on its platform. By focusing on smart valuation and transparent pricing, the company aims to maximize value for both buyers and sellers. Key features include a robust search function, detailed product listings, and a secure payment system. The platform also emphasizes sustainability by promoting the reuse of fashion items, thereby reducing waste.
Keywords: pre-owned fashion, marketplace, user-first, smart valuation, transaction fees, Japanese market, sustainability, secure payment, detailed listings, reuse.