What is Vopero?
Founded in November 2020 by Alejandro Esperanza, Vopero addresses a key market need in Latin America by providing a seamless, engaging, and sustainable online channel for buying and selling pre-owned apparel. Leveraging a proprietary technology platform and its own logistical infrastructure, Vopero aims to make fashion more accessible and environmentally conscious. The company's operations are built around the principles of resale and the circular economy, positioning it as a key player in the sustainable fashion movement within the region.
How much funding has Vopero raised?
Vopero has raised a total of $11.5M across 2 funding rounds:
Corporate Investment
$7.5M
Other Financing Round
$4M
Corporate Investment (2021): $7.5M with participation from Grupo Axo
Other Financing Round (2023): $4M led by Grupo Axo
Key Investors in Vopero
Grupo Axo
Grupo Axo, a prominent multi-brand company in Latin America, has been a consistent backer of Vopero. Their involvement suggests a strategic interest in the burgeoning secondhand apparel market and the circular economy within the fashion sector.
What's next for Vopero?
The recent major strategic investment in Vopero signals a pivotal growth phase for the company. This capital infusion is expected to fuel expansion initiatives, enhance technological capabilities, and broaden market reach across Latin America. Vopero's focus on sustainability and the circular economy aligns with global consumer trends, suggesting a strong trajectory for future development and potential for further strategic partnerships and funding rounds as it scales its operations and solidifies its market leadership in the secondhand apparel sector.
See full Vopero company page
