Thrift+ - About the company
Thrift+ is a seed company based in London (United Kingdom), founded in 2017 by Joe Metcalfe. It operates as an Online platform for donating old clothes. Thrift+ has raised $4.05M in funding from Triple Point and Green Angel Ventures. The company has 27 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like Depop, The Nu Wardrobe and The Edit Ldn.
Company Details
Online platform for donating old clothes. Through the platform, users can sell and buy used clothes. A portion of the money collected through selling clothes will go to charities. Their application can be downloaded for both android and ios.
- Website
- thrift.plus
Key Metrics
Founded Year
2017
Location
London, United Kingdom
Stage
Seed
Total Funding
$4.05M in 4 rounds
Latest Funding Round
Investors
Ranked
2nd among 27 active competitors
Employee Count
118 as on Apr 30, 2026
Legal entities associated with Thrift+
Thrift+ is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Thrift Retail Ltd CIN: 10630791 , United Kingdom, Active | Feb 20, 2017 | - | 59 (As on Feb 28, 2024) |
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Thrift+'s funding and investors
Thrift+ has raised a total funding of $4.05M over 4 rounds. Its first funding round was on 2018. Thrift+ has 7 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Thrift+:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 23, 2022 | 6286614 | Seed | 9721876 | 1069906 | 6708642 | 2904465 |
Apr 14, 2020 | 8029654 | Seed | 9282087 | 3073527 | 9053664 | |
Aug 2019 | 3636826 | Seed | 1064241 | 3961957 | 5187707 | 6997269 |
View details of Thrift+'s funding rounds and investors
Thrift+'s founders and board of directors
Founder? Claim ProfileThe founders of Thrift+ is Joe Metcalfe.
Here are the details of Thrift+'s key team members:
- Joe Metcalfe: Founder of Thrift+.
Thrift+'s Board of Directors
Thrift+'s board has 3 active members. Joe Metcalfe and Dineshi Indika Ramesh are part of team and Sebastian Paul Wallace is independent board member.Here is the list of Thrift+'s board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 3m | |
fjiqvsw | Team | - | Current | 8y 6m |
Independent board member | - | Current | 1y 2m |
View details of Thrift+'s Founder profiles and Board Members
Thrift+'s employee count trend
Thrift+ has 118 employees as of Apr 26. Here is Thrift+'s employee count trend over the years:
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Thrift+'s Competitors and alternates
Top competitors of Thrift+ include Depop, The Nu Wardrobe and The Edit Ldn. Here is the list of Top 10 competitors of Thrift+, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Depop 2011, London (United Kingdom), Acquired | App-based marketplace platform offering pre-owned multi-category fashion products | $100M | 81/100 | |
2nd | Thrift+ 2017, London (United Kingdom), Seed | Online platform for donating old clothes | $4.05M | 61/100 | |
3rd | The Nu Wardrobe 2018, London (United Kingdom), Seed | Online community platform to share used clothes | $136K | 51/100 | |
4th | The Edit Ldn 2020, London (United Kingdom), Acquired | Online platform offering preowned sneakers and apparel | $8.92M | 41/100 | |
5th | Collect My Clothes Wales 2020, United Kingdom, Unfunded | Platform offering charity clothes collection service | - | - | 30/100 |
6th | UNTAGGED 2019, London (United Kingdom), Funding Raised | Platform offering rewards and cashback for second-hand fashion products | - | 28/100 | |
7th | OWNI 2021, Exeter (United Kingdom), Seed | Online marketplace offering multi-category second-hand fashion products | $420K | 26/100 | |
8th | Reliked 2017, High Wycombe (United Kingdom), Funding Raised | Online reseller offering second-hand multi-category products from influencers | - | 25/100 | |
9th | Bandi 2020, Malvern (United Kingdom), Unfunded | Online platform allows exchange of second hand fashion products | - | - | 24/100 |
10th | Worn By Us 2014, Birkenhead (United Kingdom), Unfunded | Online platform for pre-owned fashion products | - | - | 24/100 |
Looking for more details on Thrift+'s competitors? Click here to see the top ones
Thrift+'s Investments and acquisitions
Thrift+ has made no investments or acquisitions yet.
Reports related to Thrift+
Here is the latest report on Thrift+'s sector:
News related to Thrift+
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Karen Millen partners with reselling service Thrift+FashionUnited•Nov 02, 2022•Karen Millen, Thrift+
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Crew Clothing reveals partnership with Thrift+ to resell itemsRetail Gazette•Jun 07, 2022•Crew Clothing, Thrift+
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Asos launches second circular design collection and trials partnership with Thrift+FashionUnited•Jun 06, 2022•ASOS, Thrift+
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Thrift+ launches first online second-hand partner store with FatFaceRetail Gazette•Nov 12, 2021•Thrift+
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FatFace and Thrift+ strike sustainable fashion dealRetail Technology Innovation Hub•Oct 08, 2021•Fat Face, Thrift+
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French Connection teams up with Thrift+ for takeback serviceFashionUnited•Apr 30, 2021•French Connection, Thrift+
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Duo UK produces GreenPE bag for sustainable fashion venture Thrift+Packaging News•Mar 10, 2021•Thrift+, Duo Green
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