Qlhype Raises €700K to Expand Operations and Develop Abroad

Qlhype Raises €700K in Funding

Key Highlights:

• Funding: Qlhype, a Milan-based platform offering clothes and garments, raised €700K in funding.
• Expansion Plans: The funds will be used to expand operations and development efforts, with plans to go abroad in 2025.
• Platform Concept: Qlhype selects, quality checks, and verifies the origin of clothes and garments used by VIPs and celebrities, creating a virtuous circle of consumption in the second-hand market.

Qlhype's Target Market

• Target Market: Fashion-conscious individuals, including VIPs and celebrities, interested in sustainable fashion and second-hand clothing.
• Online Shoppers: Consumers who prefer to shop for clothes and garments online, seeking unique and high-quality items.
• Physical Store Visitors: Shoppers who enjoy the experience of browsing and trying on clothes in physical stores.

What Qlhype Needs to Buy

• Inventory and Merchandise: Sourcing high-quality, second-hand clothes and garments from VIPs and celebrities.
• Physical Store Setup: Establishing physical stores in strategic locations, including Porto Cervo, Naples, Milan, and Rome.
• Marketing and Branding Services: Collaborating with marketing agencies to promote the platform and attract customers.