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Otrium is the world's most innovative end-to-end platform for outlet fashion, driven by a mission to eliminate fashion waste and maximize recovery value for unsold items. Founded in 2017 in Amsterdam by Milan Daniels and Max Klijnstra, Otrium seamlessly connects a global community of 5 million members to excess stock from leading brands.
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Otrium is a very fast paced company with a lovely organizational culture. - friendly and helpful colleagues - opportunity to grow and learn. Cons. - strategy of the company has been a work in progress. Helpful. Otrium Response 6mo. Dear alumni O-member, Thank you so much for your review and feedback.
Here's how two young founders from Amsterdam got an early Alibaba investor on board
Otrium, a European-based e-commerce option for designer clothing overstocks is expanding in this country, and could become a new, digitally native competitor to T.J. Maxx, Nordstrom Rack JWN 0.0%.
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Amsterdam's Otrium snags €24 million to expand fashion marketplace that sells excess inventory
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After tripling its revenue in 2020, Amsterdambased fashion startup Otrium raises €
Brighten up your wardrobe with clothing and fashion accessories from POM Amsterdam! Give your outfit an extra boost. 30 days to change your mind Free delivery
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The best fashion deals - at your fingertips. Enjoy up to 75% off on hidden gems and pieces you can't find anywhere else. Low prices. High style. your world. We're the fashion outlet with a mission. Did you know that 15% off all produced clothing stays unsold - often ending up in landfills or burned. We want a new future for fashion.
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Find reductions up to 75% from the brands you love to give end-of-season fashion a new start. Download our free app and get exclusive access.
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Otrium Raises 120m and Partners with Hundreds of Fashion Brands Post Pedia
Amsterdam-based Otrium has raised $120 million in a fresh round of funding co-led by BOND and Index Ventures, and saw follow-on investment from Eight Roads Ventures.. The series C round is expected to propel Otrium's entry to the US market, ramp up additional unsold fashion capabilities, and recruit new staff.
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Amsterdam, March 31, 2021 - Otrium, the end-to-end marketplace for end-of-season fashion, has announced $120 million Series C funding, its US launch and the introduction of new capabilities aimed at reducing unsold fashion in the future.Otrium has also revealed that revenues have tripled in 2020, Otrium's registered members surpassed 3 million, and it now has over 300 fashion stores on its app.
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Amsterdam's Otrium snags €24 million to expand fashion marketplace that sells excess inventory. Amsterdam-based Otrium, an online fashion marketplace that aims to move unsold clothing at the end of the season, has raised €24 million in Series B funding to fuel further international expansion. The round was led by Eight Roads Ventures.
