What ClosetShare does

ClosetShare is a South Korea-based online platform founded in 2016 that is positioned to enable women to rent, share, and resell fashion items and accessories. The company is headquartered in Yeoksamdong and operates with a headcount in the 11–50 range. Based on the company name and short description, the intended business model is a peer-to-peer or C2C fashion rental and resale marketplace serving Korean female consumers.

As of the most recent available data, ClosetShare's public-facing website at closetshare.com displays only a "coming soon" (곧 시작) message in Korean, accompanied by a basic contact form and an email newsletter signup. No products, pricing, service tiers, or operational metrics are disclosed, and the company has no native mobile application. The platform's core technology stack is not disclosed, and no proprietary features or integrations have been publicly described.

ClosetShare has raised seed-stage capital from Korean institutional and corporate investors across three documented rounds between April 2018 and September 2019, including Kakao Ventures, the TIPS Program, and a $3.68 million round led by investors such as 500 Startups Korea, D3 Jubilee, Korea Development Bank, and SparkLabs Ventures. Despite this funding, the company has not announced a public product launch, named any management team, or disclosed revenue, customers, partnerships, or geographic expansion beyond South Korea. The persistence of a pre-launch state suggests either a delayed go-to-market or limited operational scale at present.

Name

ClosetShare

Legal name

closetshare.com

Website

https://closetshare.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

ClosetShare is a South Korean online platform, founded in 2016 and based in Yeoksamdong, intended to let women rent, share, and resell fashion and accessories. The service remains in pre-launch, with its website showing only a "coming soon" page and email signup.

Ownership category

akta.pro rank

Product category

Peer-to-peer fashion rental and resale marketplace

NAICS

Clothing and Clothing Accessories Retailers (45811), Clothing, Clothing Accessories, Shoe, and Jewelry Retailers (458)

SIC

Retail-Apparel & Accessory Stores (5600), Retail-Women's Clothing Stores (5621)

akta.pro primary industry

Wardrobe Styling & Closet Curation (HSACAJAA)

akta.pro secondary industry

Closet Systems & Custom Closet Retail (CRAIAJAA)

Keywords

• Peer-to-peer fashion rental
• Clothing sharing platform
• Fashion resale marketplace
• Accessory rental service
• Secondhand fashion sharing

Headquarters

HQ city

Yeoksamdong

HQ country

South Korea

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Marketing or Sales, Personnel, Operations

Core offering

ClosetShare is an online platform where women can rent, share, and resell fashion and accessories. The service is targeted at individual female consumers, enabling peer-to-peer access to clothing and accessory inventory. The site currently displays a "coming soon" message in Korean ("곧 시작"), indicating the marketplace is at a pre-launch or early-launch stage.

Product overview

ClosetShare operates a clothing rental or sharing platform. Based on the limited source data available, the company appears to be in pre-launch status ("Coming Soon" messaging in Korean), with the website serving as a landing page for email signups and contact inquiries. No specific product names, modules, or detailed service offerings are explicitly documented in the provided source material.

Differentiator

Problem solved

Functional benefit

Products and services

• ClosetShare marketplace

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights2 records

Regional players

• KREAM: Korean resale platform for sneakers, apparel, and luxury accessories with authentication. While focused on sneaker resale, KREAM represents the most mature Korean peer in fashion resale adjacent to ClosetShare's category.
• GlamCorner: Australia's leading women's designer fashion rental platform. Comparable to ClosetShare in business model (women's designer dress and accessory rental), operating in the APAC region but not in Korea.
• Brnd: Korean fashion resale and rental marketplace focused on branded apparel. ClosetShare directly competes with Brnd in the Korean women's fashion resale/rental space and is the closest local peer.

Broad incumbents

• Nuuly (URBN): Urban Outfitters' women's fashion rental subscription service. ClosetShare is comparable in target demographic and rental model, with Nuuly serving as the broader-incumbent equivalent.
• Le Tote: US-based women's fashion rental subscription service (now Lord & Taylor-owned). ClosetShare is comparable in target customer and rental model; Le Tote's post-acquisition trajectory is a relevant cautionary parallel.

Direct peers

• Rent the Runway: ClosetShare's closest global analog — a women's fashion rental platform offering designer apparel and accessories on a subscription or single-rent basis. ClosetShare targets the same use case (women renting and rotating wardrobes) in a different geography.
• By Rotation: UK-based peer-to-peer fashion rental app for women, enabling closet-sharing among users. ClosetShare's 'share' component directly mirrors By Rotation's community-led rental model.
• HURR: UK peer-to-peer fashion rental marketplace focused on women, allowing lenders and renters to share designer wardrobes. ClosetShare's 'rent, share, and resell' positioning directly mirrors HURR's model.
• Style Theory: Singapore-based women's fashion rental and resale platform operating across Southeast Asia. ClosetShare's Korean market overlap, model (rent + resell women's apparel), and target demographic make Style Theory a strong direct comp.

Emerging players

• Daphne Breezy: Israel-based women's fashion rental subscription service. ClosetShare is comparable in target market and rental model, though Daphne operates on a subscription rather than sharing/resale basis.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat2 records

Key risks4 records

Key highlights3 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds3 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ClosetShare