Otrium

Otrium

Technology, Information and Internet

The off-price fashion platform: Tech-enabling brands to ensure all clothing is worn. Join the movement: Wear over waste.

About us

This is Otrium: the world's most innovative end-to-end platform for off-price fashion. Hundreds of brands consumers love – all in one app. Otrium is a purpose-driven platform that envisions a world where all clothing that is produced is worn. With a technology-led approach, Otrium connects a growing global community with excess stock from leading brands. We aim to empower conscious consumers to reduce industry waste while giving fashion brands a lasting presence with new value and fans outside of seasonal business models. Named on Fast Company magazine's most innovative companies 2023. Our proprietary technology lets brands of any size quickly set up their own outlet store with a full-service B2C2B approach. Recent labels joining our roster include Diane von Furstenburg, All Saints, Paige, and Thakoon. They join established flagship brands including Tommy Hilfiger, Reiss, and Asics. With over 4 million registered members (and counting!), Otrium’s platform offers a personalised fashion experience and savings of up to 75% off the designer and luxury brands people love. We now reach members and brands in over 20 markets – on both sides of the Atlantic. Join us. It gets even better: We're hiring! Otrium employs around 100 people globally, with a hub in our founding city, Amsterdam.

Website
otrium.com
Industry
Technology, Information and Internet
Company size
51-200 employees
Headquarters
Remote
Type
Privately Held
Founded
2017

Locations

Employees at Otrium

Updates

  • View organization page for Otrium, graphic

    19,634 followers

    Did you know that 1 out of every 6 pieces of new clothing produced doesn't end up in people's closets? That’s why we started Otrium. We're a purpose-led platform with a mission to ensure all clothing produced is worn. Step into the world of Otrium with our fresh brand campaign, as we continue to redefine the very essence of outlet shopping. We connect brands and consumers for a new chance to discover fashion at irrestible prices. Out of season doesn't mean out of style. But Otrium is more than just a good deal. Earlier this year, we were proud to be the first fashion outlet to assess our environmental impact (impact.otrium.com), setting a benchmark for the industry. We aim to live our purpose and potential to create a positive and lasting impact in the fashion industry with a movement to #WearOverWaste. Join us.

  • View organization page for Otrium, graphic

    19,634 followers

    We're happy to announce Bergans Of Norway is now available at Otrium. For over 115 years, Bergans has been at the forefront of outdoor gear innovation. This iconic Norwegian brand offers durable, high-performance outdoor clothing and equipment designed for adventurers and nature enthusiasts alike. With styles — from technical jackets to versatile backpacks — these pieces are perfect for outdoor activities in any condition. Shop Bergans up to 70% off at https://lnkd.in/e87bpYvU

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  • View organization page for Otrium, graphic

    19,634 followers

    Ethical Conversations: A Talk with Nubikk. Otrium continually works towards the mission that all clothing produced should be worn. While no item or fashion brand can claim to be perfectly 'ethical', there are numerous areas for significant improvements. We want to support brands that strive for more responsible fashion and empower consumers to understand what this journey entails. In the latest edition of our Ethical Conversations, we chatted with Inge Kivits and Leontine Jeuken-van der Kaaden from Nubikk about topics like:  🌍 Sourcing  📦 Return Challenges 👥 Consumer Engagement To identify brands making meaningful progress, we work with Good On You, whose Ethical Ratings help Otrium’s consumers make informed, responsible choices. Read the full interview here: https://lnkd.in/e7zHgquT

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  • View organization page for Otrium, graphic

    19,634 followers

    We're happy to announce BIMBA Y LOLA is now available at Otrium. BIMBA Y LOLA — founded in Spain — is known for its playful designs and bold prints. The brand embraces a youthful spirit and a unique aesthetic that combines modernity with artistic flair. Enjoy up to 60% off on their archive collection and discover 198 styles consisting of fall essentials, accessories & bags inspired by self-expression and creativity. https://lnkd.in/eVGBBgMY

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  • View organization page for Otrium, graphic

    19,634 followers

    At Otrium, we’re dedicated to our mission, but are we making a real impact? 🌱 In collaboration with our carbon and impact reduction partner, Vaayu, we evaluated the environmental benefits of our platform. We focused on how we help brands manage unsold stock, and compared our business model to three common alternatives for handling excess stock. ⬇️ The insights we gathered are eye-opening. Check out the key findings in the video below. Explore the full research here: https://lnkd.in/eX_W2aee Also available in Dutch: https://lnkd.in/eV_DjRYf #WearOverWaste #FashionIndustry #LCA #AvoidedImpactResearch

  • View organization page for Otrium, graphic

    19,634 followers

    We're happy to announce Theory is now available at Otrium. For 25 years, Theory has been revolutionising American fashion. This New York brand offers fresh, clean, and versatile styles you’ll wear again and again. At its core, Theory is dedicated to excellence, crafting each piece from high-quality fabrics for durability and effortless style. With over 150 newly dropped styles — from tailored blazers to versatile trousers — these clothes inspire confidence in both work and life. Shop Theory up to 65% off at https://lnkd.in/e3MR3zGR

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  • View organization page for Otrium, graphic

    19,634 followers

    🚀 Exciting news! 🚀 Last month, we moved offices – but not too far! We moved from Danzigerkade 16A to our new home at Danzigerkade 15C, right next door. We said goodbye to our old office with a fun party and welcomed our new one with an opening lunch, including bingo and awesome prices! We’re thrilled to be sharing this amazing space with ACE. The new environment truly captures the vibrant and collaborative culture we value at Otrium. It’s an inspiring place where creativity thrives and we couldn't be happier to start this next chapter. Here’s to new opportunities, growth, and an even brighter future! 🌟 #OfficeMove #Otrium #Culture #OnlyTogether #NextChapter

  • View organization page for Otrium, graphic

    19,634 followers

    New at Otrium: Levi Strauss & Co. Founded in 1853, this brand was created to built clothes that would endure anything. High quality, for hardworking people. Today, Levi's is one of the most iconic denim brands available. With timeless designs and everyday favourites, Levi's offers a quality fashion staples that never go out of style. Get your hands on these must-have pieces up to 60% off. Wear jeans. Live in Levi’s. Discover their collection. https://lnkd.in/eReV6Xd2

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Funding

Otrium 6 total rounds

Last Round

Series C

US$ 117.3M

See more info on crunchbase