Test the Waters

Ruufe

Latin America Fashion Marketplace

Security Type: SAFE
Min Investment: $100
Location: Hialeah, FL
Offering Date: August 27, 2021
Valuation: $2,000,000

Company Description

A fashion B2C Marketplace for Latin American apparel. We shipped from our own warehouse internationally.

Key Deal Facts

Latin America Textil and Clothing Exported over US 4 Bn in 2019.
We're the 1st marketplace that allows LatAm fashion Mfr to sell abroad and ship from their warehouse
We were chosen by Innomake accelataror. More than 800 companies applied and only 50 were chosen
We charge 30% out of the RRP. e.g: T-shirt sales for $30.00, Ruufe gets $9.
Our AOV is $35.00. If we hit 100.000 orders by Q2 of 2022, we will make 1M in revenue.
Fashion is the No 2 Category sold in Online Marketplaces with 644.0 Million visits per month.
The global apparel market reached a value of nearly $818.2 billion in 2020

Management Team / Advisory Board Bios

Santiago Botero, CEO
An ambitious entrepreneur with over 8 years of experience in the supply chain industry and a passionate individual about the international market.

Amount Raised : $0

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