Cult Mia is the online fashion marketplace building the leading platform to discover sustainable and conscious independent designers from around the world. Cult Mia has rapidly onboarded the international fashion community - more than 1,000 brands vetted, from 42+ different countries, spanning 14 product categories.
Powered by its growing community, Cult Mia customers influence the brands and products listed on the platform. Providing data-driven, curated drops every Monday, Cult Mia is a treasure chest of global products from out-of-reach places, brought to you with ease, online. One year since launching, the platform has hosted over 100 designers from 29 countries, with a product line spanning 14 categories.
Company Details
Sector
eCommerce / Fashion / Retail
Location
London
Founded
Q4 2019
Employees
1-10
Incubator
LBS Incubator 2019
Amount raised
£1.5m
Gross margin 42% since inception (top 1% for marketplaces) and £417 AOV - 52% more profitable than competitors
95% brand retention rate and 80% brand onboarding success rate
Revenue growth: 300% Y-o-Y, Return rate: 7%, £31 CAC
Last Updated
April, 2023
