Streetwear marketplace startup Bump raises USD 7.5 mln

Friday 12 April 2019 08:01 CET | News

Bump, a marketplace for streetwear, has announced that it has raised USD 7.5 million in Series A funding round.

According to the startup, it already has nearly 2 million registered users. It allows them to buy and sell jackets, T-shirts, sneakers, and more amongst themselves. They can sort through the marketplace based on brand, colour, and size – and they can chat one-on-one or in groups.

The co-founders of Bump stated that the social side of the marketplace is the real opportunity for growth, and that is why they want to turn online shopping into ‘a multi-player experience’.

With the new round, Bump plans to relocate from the US to the UK, where it already employs some contractors. The funding was led by, while Kleiner Perkins, Y Combinator, and other undisclosed investors also participated.

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Keywords: Bump, marketplace, startup, Series A, funding round
Countries: World

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