MONTEVIDEO – Burgeoning resale marketplace Vopero has secured investment to the tune of US$7.5 million which will be used to scale the firm’s operations across Mexico and Latin America.
Multi-brand operator Grupo Axo and leading resale platform ThredUp led the funding round and are expected to lend their expertise to support Vopero’s growth in the sector.
“In less than a year since our launch, the market response has been incredible,” said Alejandro Esperanza, Vopero’s chief executive. “Together with Grupo Axo and ThredUp, we share a collective vision of making secondhand fashion mainstream.”