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Startup Review – FreshRents: Endless fashion sharing possibilities in your city!

March 22, 2017 by Tim

Let’s meet startup, FreshRents: Endless fashion sharing possibilities in your city!

Website: www.FreshRents.co

Founders: Samia Syed / Rehan Iqbal

In a few sentences, tell us what your startup is all about!:

FreshRents is an online rental platform that allows lenders and borrowers to come together and share fashion with each other. Sort of like an AirBnb for clothes. Think about how many items you have in your closet that you hardly ever wear? FreshRents can allow you rent them out and make some extra cash. Or if you have a special event coming but don’t want to spend a ton of money on something you’ll only wear once, why not borrow something for a fraction of the retail value from someone in your community.

When was your startup founded? And what stage is your startup currently at?:

December 2016 and we are currently in the growth stage.

Let us know a bit about your team, who are the key team members?:

We are a small and friendly team of two co-founders. After finishing our business degrees from the Schulich School of Business, we pursued our corporate careers but always had an entrepreneurial itch. Sharing economy and fashion are two key areas that we are very passionate about and that is what led us to launch FreshRents.

If applicable, what is your growth like? And what milestones has your startup achieved so far?:

Quick Stats to date:

  • Userbase: 157
  • # of listings: 124
  • Transactions: 48

Why did you choose this particular idea and concept to build your startup on?:

We are passionate about the concept of Sharing Economy and our goal is to help our users manage their wardrobes in the most economical way.

Are you looking for funding or are you open to partnership opportunities, and if so, what’s the best way for people to get in contact with you?:

We are currently running a Kickstarter campaign to raise crowdfunding. Campaign Link: kck.st/2kV2cIj

 

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Filed Under: Staff Picks, Startup Reviews

About Tim

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