Funding Details
- Awarder
- YCombinator
- Date Award
- January 26, 2022
- Vertical
- Consumer
- Funding URL
- View Funding Page
- Valuation
-
$0
Company Info
- Founding Year
- 2022
- Company Description
- Ole brings fashion with delivery and return on-demand.
Customers use our app to order clothes from nearby stores, try them at home while the driver is waiting, take only what they like and return to the driver what they don't.
We already have $35k monthly GMV, growing 35% MoM.
What’s unique about our business is our average order value which is 7X higher than typical on-demand business. While their average order is $30, ours is $200, which is why we are already positive in unit economics.
- Market
- Consumer
- Location
-
Tel Aviv-Yafo,
Tel Aviv District,
Israel
- Coinvestors
- YCombinator
Links