Youzd is a French E-commerce startup, founded in 2020, with a mission to promote sustainable consumption. The company's slogan "mobilier • électro • déco | Tout l'équipement de la maison, 100% circulaire" reflects its commitment to offering a wide range of second-hand furniture, electronics, and decorative items. With a playful yet impactful approach, Youzd encourages customers to embrace the concept of "why buy new when you can buy used?". The recent Angel Round investment of €2.40M in November 14, 2023, led by prominent investors Arnaud Deymier, Pierre Kosciusko-Morizet, Bertrand Peyrat, and Thierry LERNON, demonstrates the confidence of industry leaders in Youzd's sustainable business model. By facilitating a hassle-free platform for selling and purchasing pre-owned items, Youzd not only contributes to environmental conservation but also aims to simplify sustainable living. The company aims to propel the shift towards a circular economy and reduce waste. Describing itself as "USED🔁 (occasion) et YOU#ZéroDéchet🌱," Youzd is effectively leveraging social media, including Instagram (@youzdfr), to build a community of "youzders" dedicated to minimizing waste and embracing eco-friendly choices. With its unique positioning and support from notable investors, Youzd is well-positioned to capitalize on the growing consumer trend towards sustainability and second-hand consumption, offering a compelling opportunity for venture capital investment.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Angel Round | €2.40M | 4 | Arnaud Deymier, Pierre Kosciusko-Morizet +2 | 14 Nov 2023 |
Equity Crowdfunding | €600.00K | 1 | F&F | 04 Feb 2021 |
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