Open Closet

Lebanon, Lebanon

Short Summary

● Many people feel obligated to buy new expensive clothes to only wear it once (Weddings, parties, proms...) ● Open Closet allows users(private consumers/shops) to rent/lend clothes online, therefore you can generate passive income while also saving money.

Overview

Target
US$100,000
Minimum
US$1,000
Investment Raised
US$5,000
Previous Rounds US$5,000
Stage Pre-Startup/R&D
Investor Role Any

Highlights

  • Articles written about us without asking: beirut.com-The Daily Star.
  • New concept that allows you to be a lender and a renter. Make/save money.
  • Rental shops are on our app so no direct competition and alot more traffic.
  • Complete team with people from different backgrounds and unique qualities.
  • Support of Smart ESA which is one of the best incubators in Lebanon.
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

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