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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.
Social
XFacebook
Key Metrics
Founded Year
2017
Location
Stage
Seed
Total Funding
$4.05M in 4 rounds
Latest Funding Round
Investors
Ranked
Employee Count
118 as on Apr 30, 2026
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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+:lockFilter 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
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Thrift+'s founders and board of directors

Founder? Claim Profile
The founders of Thrift+ is Joe Metcalfe.
Here are the details of Thrift+'s key team members:

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

Thrift+'s employee count trend

Thrift+ has 118 employees as of Apr 26. Here is Thrift+'s employee count trend over the years:
Employee count trend for Thrift+
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Depop
Depop
2011, London (United Kingdom), Acquired
App-based marketplace platform offering pre-owned multi-category fashion products
$100M
81/100
2nd
Logo for Thrift+
Thrift+
2017, London (United Kingdom), Seed
Online platform for donating old clothes
$4.05M
61/100
3rd
Logo for The Nu Wardrobe
The Nu Wardrobe
2018, London (United Kingdom), Seed
Online community platform to share used clothes
$136K
51/100
4th
Logo for The Edit Ldn
The Edit Ldn
2020, London (United Kingdom), Acquired
Online platform offering preowned sneakers and apparel
$8.92M
41/100
5th
Platform offering charity clothes collection service
-
-
30/100
6th
Logo for UNTAGGED
UNTAGGED
2019, London (United Kingdom), Funding Raised
Platform offering rewards and cashback for second-hand fashion products
-
28/100
7th
Logo for OWNI
OWNI
2021, Exeter (United Kingdom), Seed
Online marketplace offering multi-category second-hand fashion products
$420K
26/100
8th
Logo for Reliked
Reliked
2017, High Wycombe (United Kingdom), Funding Raised
Online reseller offering second-hand multi-category products from influencers
-
25/100
9th
Logo for Bandi
Bandi
2020, Malvern (United Kingdom), Unfunded
Online platform allows exchange of second hand fashion products
-
-
24/100
10th
Logo for Worn By Us
Worn By Us
2014, Birkenhead (United Kingdom), Unfunded
Online platform for pre-owned fashion products
-
-
24/100
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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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FatFace and Thrift+ strike sustainable fashion dealRetail Technology Innovation HubOct 08, 2021Fat Face, Thrift+
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