Repassa, an online conscious fashion platform, is the largest online thrift store in Brazil, with over 500,000 pieces available, including gently used and new with tag items. Established in 2014, Repassa's mission is to extend the lifespan of 70% of people's unused clothing, creating positive socio-environmental impacts. The company aims to provide the best conscious fashion experience, promoting sustainability and solidarity by offering quality products at competitive prices. Repassa's unique initiative, the "Sacola do Bem," allows customers to easily repurpose unwanted clothing, earn money, and contribute to the community. Through its efforts, Repassa has saved 991.9 million liters of water, prevented 1285.8 tons of CO2 emissions, and given new life to 183.7 tons of clothing, all while promoting conscious and sustainable consumption. In September 2021, Repassa was acquired by Lojas Renner S.A., aligning with the company's commitment to the consolidation of the fashion and lifestyle ecosystem. The acquisition further signifies Repassa's dedication to its core values and expanding its reach within the sustainable fashion industry. The company's Series A investment of BRL10.00M in 08 September 2020 was funded by Redpoint eVentures, signaling confidence in Repassa's potential for growth in the e-commerce and fashion sectors.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | BRL10.00M | 1 | 08 Sep 2020 | |
Seed Round | Unknown | 1 | Bossanova Investimentos | 19 Mar 2020 |
Seed Round | Unknown | 1 | Bossanova Investimentos | 15 Feb 2019 |
Angel Round | Unknown | 1 | 01 Jun 2018 | |
Seed Round | Unknown | 1 | Bossanova Investimentos | 13 Nov 2017 |
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