Otrium

OverviewSuggest Edit

Otrium operates as a marketplace. It enables fashion brands to open an outlet store, as well as sell outlet and previous collections to an online community of fashion lovers, while keeping full ownership of all items until sold.

TypePrivate
Founded2015
HQAmsterdam, NLMap
Websiteotrium.com
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Latest Updates

Employees (est.) (Jul 2021)219(+9%)
Cybersecurity ratingBMore

Key People/Management at Otrium

Leander Sikma

Leander Sikma

CTO
Max Klijnstra

Max Klijnstra

Co-Founder
Milan Daniels

Milan Daniels

Co-Founder
Olivier Schmitz

Olivier Schmitz

Head of People
Thijs Algra

Thijs Algra

Head of Business Intelligence
Sharief Mohamed

Sharief Mohamed

Head of Finance, Legal and Tax
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Otrium Office Locations

Otrium has an office in Amsterdam
Amsterdam, NL (HQ)
Danzigerkade 16a
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Otrium Financials and Metrics

Summary Metrics

Founding Date

2015

Otrium total Funding

$157.8 m

Otrium latest funding size

$120.2 m

Time since last funding

4 months ago

Otrium investors

Index Ventures, Eight Roads Ventures, Keadyn, Hans Veldhuizen, Ludo Onnink, Fred Gehring, Adriaan Mol, Bond
Otrium's latest funding round in March 2021 was reported to be $120.2 m. In total, Otrium has raised $157.8 m
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Otrium Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

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Otrium Online and Social Media Presence

Otrium's Trends

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Otrium News and Updates

March 31, 2021

Amsterdam-based unsold fashion marketplace Otrium raises $120 million in series C funding, eyes US market entry

Amsterdam-based Otrium has raised $120 million in a fresh round of funding co-led by BOND and Index Ventures, and saw follow-on investment from Eight Roads Ventures. The series C round is expected to propel Otrium’s entry to the US market,ramp up additional unsold fashion capabilities, and recruit n…
March 31, 2021

Amsterdam-based Otrium lands €102 million to grow its fashion outlet marketplace in the US

Today Otrium, the end-to-end marketplace for end-of-season fashion, has announced an approx. €102.3 million Series C funding round, its US launch and the introduction of new capabilities aimed at reducing unsold fashion in the future. Otrium has also revealed that revenues have tripled in 2020, its …
March 31, 2021

Otrium raises $120 million for its end-of-season fashion marketplace

Otrium has raised a $120 million round just a year after raising its $26 million Series B round. BOND and returning investor Index Ventures are leading the round. Existing investor Eight Roads Ventures is also participating. The concept behind Otrium is quite simple. When items reach the end-of-seas…
May 27, 2020

Amsterdam’s Otrium snags €24 million to expand fashion marketplace that sells excess inventory

Amsterdam-based Otrium, an online fashion marketplace that aims to move unsold clothing at the end of the season, has raised €24 million in Series B funding to fuel further international expansion. The round was led by Eight Roads Ventures, with existing investors Index Ventures and Hans Veldhuizen …
May 27, 2020

Otrium raises €24m to expand its fashion marketplace

There is €160bn worth of clothes unsold in warehouses due to coronavirus. Otrium raises €24m to expand its fashion marketplace

 Otrium Frequently Asked Questions

  • When was Otrium founded?

    Otrium was founded in 2015.

  • Who are Otrium key executives?

    Otrium's key executives are Leander Sikma, Max Klijnstra and Milan Daniels.

  • How many employees does Otrium have?

    Otrium has 219 employees.

  • Who are Otrium competitors?

    Competitors of Otrium include Videdressing, Banneya and The Editor’s Market.

  • Where is Otrium headquarters?

    Otrium headquarters is located at Danzigerkade 16a, Amsterdam.

  • Where are Otrium offices?

    Otrium has an office in Amsterdam.

  • How many offices does Otrium have?

    Otrium has 1 office.