Anges Québec invests $880k in online clothes marketplace Minitrade
Angel investment network Anges Québec and Anges Québec Capital Fund have invested $880,000 in Minitrade Inc, an online marketplace for the buying and selling of second-hand, quality clothes. The investment was led by entrepreneur Mike Cegelski. Based in Montréal, Minitrade was founded in 2012 by CEO Isabelle Doucet. The company's inventory currently has a daily inflow of over 15,000 pieces, provided by its 35,000 users, bought upfront or on consignment. The proceeds of Anges Québec's financing will help the company expand across Canada.
17 September 2015•3 mins read
