COCOS is a B2B business platform for retail & wholesale segments of the fashion market.
It provides small and medium businesses with the opportunities they need to become financially independent and really competitive in the worldwide e-commerce.
COCOS is an intermediary platform with all conditions for online business cooperation between suppliers and traders worldwide.
It’s a kind of navigation system in the world of fashion that gives tools to search, connect, safely make B2B sales, and promote your brand with business microblogging.
Investment Demand: $2M
Stage Passed: Seed $100K & Due Diligence
Product Type: SaaS
Product Stage: MSP-version
Target Market: Global
Business Sector: Fashion Tech
Business Model: Fee & Subscription
Busines System: B2B
The startup has already raised $100K for the MSP-version development and is now preparing for the test case and seeking the next round of $2M for launch in its first markets.
Suppliers: fashion designers and manufacturers of clothes and textile
Traders: owners of boutiques, showrooms, and online marketplaces
Re-sellers: drop-shippers, retailers
Fashion service providers: cutters, sewers, tailors
Thanks to our business partners, currently the company has a database of around 15‑000 users willing to join the platform:
3 500+ fashion designers & stylists,
5 000 textile & fashion manufacturers, traders, and service providers, and
7 000+ dropshippers.
With COCOS fashion insiders can:
- Quickly and easily find each other,
- Communicate and exchange files,
- Legally cooperate by making e-contracts,
- Sell and buy using a smart payment solution for both parties of a deal.
Fashion is the second largest segment of the e-commerce market, with forecasted revenues of $481B for 2018 and annual growth speeding up to 15.3%.
According to Shopify, clothing items and accessories amount to 41% of the top products bought online.
However, it’s often hard for SMB brands to invest big budgets in business development.
COCOS offers them an all-in-one solution and optimizes every step of their deals by giving everything on one platform.
Two co-founders and an international team of professionals in e-commerce, fashion, IT, creative, and marketing represent the Team of the Startup.
The team believes that building up trust and networking between fashion insiders will help every single business grow and make the industry more open and united.
3 500 000 $ fundRound A