OPUMO is on a mission to build the digital department store of the future - a data-driven, zero-inventory marketplace enabling brands to reach customers looking to discover & shop the latest fashion, art, furniture, technology & more. Launched in March 2017, the platform has seen sales of £2.3m.
With marketplaces set to account for 39% of global online retail by 2020, we’re intent on disrupting the €262bn personal luxury goods market.
Powered by a mix of commerce, content, and community, OPUMO offers brands an invaluable marketing channel and enables them to connect directly with new customers. Since launching the marketplace in March 2017, 12,500 customers have made 20,300 purchases, generating £2.3m gross sales resulting in £437k revenue (-£833k EBITDA).
Commerce: We currently showcase over 9,000 products from over 450 of the world's best designers including Paul Smith, Tom Dixon and Bang & Olufsen. Each product we find and curate is significant in the way it unifies form, function and style, enabling our customers to surround themselves with fewer, better things.
Content: The OPUMO Magazine delivers the latest in art, architecture, automotive, design, fashion and interiors and has contributed to a 155% organic new user growth since Q1 in 2018.
Community: Central to our growth strategy, The Club is a strong, active community of over 8,000 members who get rewarded for shopping, referring friends, recommending brands and contributing to content.
We have positive revenue and customer growth traction to date, an experienced team and a scalable, capital-light business model. We’re now giving you the opportunity to invest in our future and be part of the next chapter of OPUMO.