SwatchOn (Fabric Time)

SwatchOn (Fabric Time)

Providing a variety of unique, high-quality wholesale fabrics at a reasonable prices. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€36—55m (Dealroom.co estimates Apr 2022.)
Company register number 2868700814
Seoul South Korea (HQ)
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DateInvestorsAmountRound
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Seed

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Seed
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KRW2.1b

Early VC

$1.8m

Series A

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Early VC

KRW7.0b

Early VC
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$10.0m

Early VC
Total Funding€17.7m

Recent News about SwatchOn (Fabric Time)

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SwatchOn operates as a global wholesale fabric trading service, primarily catering to fashion businesses. The company provides a wide range of fabrics, including sustainable and eco-friendly options, with the flexibility of low minimum order quantities (MOQs). This allows fashion designers and brands to purchase only the amount of fabric they need, starting from a few yardages, which is particularly beneficial for small-scale productions or sample making. SwatchOn's marketplace features ready-to-ship stock, ensuring quick delivery times for its clients. The business model revolves around an online platform where users can browse, request complimentary swatches, and place orders. Revenue is generated through the sale of fabrics and additional services such as custom dyeing and swatch points. The company also retains some customer information for statistical analysis and to improve its services, while ensuring compliance with legal obligations and privacy standards. SwatchOn serves a global market, requiring tax identifications for all orders to facilitate customs clearance. The platform is designed to be user-friendly, tailoring its operations to individual customer preferences and needs.

Keywords: wholesale fabric, fashion business, low MOQs, sustainable fabrics, eco-friendly, global market, online platform, custom dyeing, swatch points, quick delivery.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.