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FOR SALE
16/02/23
663
CHICMI is a fashion e-commerce marketplace, connecting fashion lovers in NYC, London, LA and other cities with each other and with retailers. Our 400k registered users go to events, meet up, share tips, buy, sell, exchange and shop exclusive prices!
Our 500 brand and retail partners sell to these fashion lovers on the platform, shipping directly to them - generating $3.5m in sales each year, transacted directly on our site. We don't hold or buy stock, instead taking a commission on the sale.
We also have 1,200 Pro subscribers, paying us $5.99 per month, generating £55k in ARR.
Our platform is built in-house with PHP running on AWS behind the website, plus Python for extensive automation, and React Native for our mobile apps for iOS and Android.
We have been investing heavily over the last year, ready to raise a £650k seed round this year. Unfortunately our co-founder fell badly ill, so we are looking to exit instead.
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