South Africa’s Kloset Klub, a fast-growing circular fashion platform, has secured a round of seed funding to help it expand operations.
Founded by Phumi Körber, Kloset Klub helps people buy and sell quality pre-loved clothing through curated resale, peer-to-peer shopping, and managed closet services. The platform helps sellers unlock value from their wardrobes while giving buyers access to premium pre-loved fashion at more accessible prices.
The startup has now raised an undisclosed amount of seed funding from Thinkroom, an African entrepreneurship and innovation firm, and co-investor Frank Smit.
“This investment is more than just capital, it’s a vote of confidence in the journey we’ve been on,” said Körber. “Building a business is never linear, and having partners like Thinkroom and Frank, who understand that reality, makes a huge difference. We’re excited to keep building something that not only looks good, but does good too.”
“We’ve watched Phumi build Kloset Klub through real challenges, real pivots, requiring real grit,” said Catherine Young, founder of Thinkroom. “Phumi’s resilience and her approach to building a business stood out early on. We are incredibly proud to be writing the first cheque into Kloset Klub and to support Phumi as she scales.”
