Otrium, an Amsterdam, The Netherlands-based online fashion platform, raised €600k in seed funding.
The round was led by Keadyn.
The company, which had already raised €200k earlier this year, will use the funds to expand their reach in the country and abroad.
Co-founded by Milan Daniels and Max Klijnstra, Otrium provides a platform that gives fashion lovers the opportunity to access to deals from designer brands which need to sell their excess stock.
According to a written note, the marketplace is growing with a month-over-month growth of over 10.000 members and new brands are signing up to the platform every week.
It is currently only operating in The Netherlands.
FinSMEs
21/06/2016