Yaytrade

Yaytrade is a Swedish startup founded in 2016 with a vision to "Give yesterday’s fashion new tomorrows." The company operates in the E-Commerce and Internet industries, offering a platform that helps brands sell samples, returns, and other unsold overstock, providing consumers with access to popular brands at discounted prices. In May 2021, Yaytrade secured a kr5.00M Angel Round investment, with key investors including Stefan Alvarsson and Henrik Hobik. Yaytrade's mission to offer a sustainable solution to excess inventory in the fashion industry, coupled with its successful business model, has garnered the attention of investors. The recent kr5.00M investment is a testament to the confidence that notable investors such as Stefan Alvarsson and Henrik Hobik have in the company's potential for growth and success. Yaytrade's unique value proposition, emphasizing access to well-known brands at reduced prices, positions them as a disruptive player in the e-commerce sector. The recent investment is expected to fuel the company's expansion and further establish its presence in the market, making it a compelling prospect for venture capitalists seeking opportunities in the retail and e-commerce space.