Don't invest unless you're prepared to lose all the money you invest. This is a high risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.
Hi there,
I thought I would send a quick personal note to explain why I am so excited to offer our customers the chance to become shareholders in the business.
Upgrading our tech ✅Scaling our partnerships ✅Launching our new brand ✅
In 2023, we achieved £4.8m GMV, resulting in nearly £3m revenue (+36%). We've now helped to clear out 175,000 wardrobes, resold over 1 million items, and our sellers have raised over £2m for charity.
Our focus is now on creating an exceptional experience for our sellers. In March 2024 we launched our most requested feature ever: our sellers can now choose to earn real cash instead of credits. This has had an immediate impact and we are seeing exciting growth as a result.
The funds we raise will allow us to make further improvements to the experience for our sellers. We're going to optimise the algorithms that drive our pricing logic and continue increasing the efficiency of our item processing for faster, better quality listings.
Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future. No communications about any campaigns on Seedrs you receive from Seedrs or the fundraising business, through email or any other medium, should be construed as an investment recommendation.
Don't invest unless you're prepared to lose all the money you invest. This is a high risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.Hi there, Joe here, Founder of Thrift+. You may have seen that we are about to launch our second crowdfunding campaign, following the success of our first campaign back in December 2022.I thought I would send a quick personal note to explain why I am so excited to offer our customers the chance to become shareholders in the business. With the funds we raised from our last campaign, we committed to: Upgrading our tech ✅ Scaling our partnerships ✅ Launching our new brand ✅ We have done all three. And our efforts have paid off.In 2023, we achieved £4.8m GMV, resulting in nearly £3m revenue (+36%). We've now helped to clear out 175,000 wardrobes, resold over 1 million items, and our sellers have raised over £2m for charity. But we're just getting started. There is so much more to do in our mission to end fashion waste. After cracking the economics of resale, we're ready to scale. Our focus is now on creating an exceptional experience for our sellers. In March 2024 we launched our most requested feature ever: our sellers can now choose to earn real cash instead of credits. This has had an immediate impact and we are seeing exciting growth as a result.The funds we raise will allow us to make further improvements to the experience for our sellers. We're going to optimise the algorithms that drive our pricing logic and continue increasing the efficiency of our item processing for faster, better quality listings. We'd love if you joined us at this exciting time for the business. To get exclusive early access to invest in Thrift+, pre-register here. I look forward to you joining us on the journey. If you have any questions, hit reply or send me a note to [email protected]. Joe Joe Metcalfe | Founder & CEO thrift.plus | @thrift_plus_uk Certified B Corp My account | Unsubscribe | Contact us Thrift+, The Foundry, 156 Blackfriars Rd, SE1 8EN. Please note this is our registered office and returns cannot be accepted here. UK Company number 10630791 | Thrift Retail Ltd, 2017. Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future. No communications about any campaigns on Seedrs you receive from Seedrs or the fundraising business, through email or any other medium, should be construed as an investment recommendation. This email has been approved as a financial promotion by Seedrs Limited on [27.03.24] and is sent by Thrift Retail Ltd. Seedrs Limited is authorised and regulated by the Financial Conduct Authority. Seedrs Limited is a limited company, registered in England and Wales (No. 06848016), with registered office at Stylus Building, 112-116 Old Street, London, England, EC1V 9BG.
