Swoperz Raises £250K in Pre-Seed Funding

swoperz

Swoperz, a London, UK-based second hand clothing marketplace, raised £250K in Pre-Seed funding.

The round was led by Jenson Funding Partners.

The company intends to use the funds to further build a scalable platform that is a safe, online-verified environment for the next generation.

Founded in 2021 by Charlene Hurlock and Vicky Fuller, Swoperz is a retail marketplace for children from 6-16 to have unlimited opportunities to swap clothes with each other. Children are reimbursed with tokens when they upload an item and can use these tokens to “pay for” a different item on the platform.

The platform is a subscription-based service, managed by adults and caregivers, with full verification processes in place to guarantee the children’s safety. To ensure safety, the company has partnered with TrustElevate, a secure, accurate and privacy-preserving provider of child age verification and parental consent to create an age-appropriate safe space for children and their families.

FinSMEs

08/06/2023