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Ole
AddedMar 20, 2024
UpdatedJul 3, 2026
Ole

Ole

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Ole: On-demand fashion delivery & returns, high-value orders, Tel Aviv-based.

HQ
Tel Aviv, Tel Aviv District, IL
Founded
2021
Accelerator
Y Combinator logoY CombinatorW22
Overview
Compare
Fundraising
Employees

Ole, founded in Tel Aviv, revolutionizes fashion shopping with its on-demand delivery and return service. The company's core mission is to provide a seamless and luxurious shopping experience by allowing customers to try clothes at home before purchasing. Through their app, users can order multiple items from nearby stores, try them on while a messenger waits, and return what they don't want. Ole focuses on high-value orders, boasting an average order value of $200, significantly higher than typical on-demand services.

Notable investors and affiliated people have recognized Ole's innovative approach, contributing to its rapid growth. The company has achieved a monthly GMV of $35k, growing at a rate of 35% month-over-month. This impressive growth is driven by their unique business model, which ensures positive unit economics. Ole's impact on the fashion retail market is marked by its ability to combine convenience with a high-end shopping experience, setting a new standard for customer service in the industry.

Ole - Similar Companies

GoFlyy logo

GoFlyy

goflyy.com

Dropshop Fashion logo

Dropshop Fashion

Shoptiques logo

Shoptiques

shoptiques.com

Traetelo logo

Traetelo

traetelo.com

Try.com logo

Try.com

try.com

Oly logo

Oly

oly-platform.com

OpenStore logo

OpenStore

open.store

Fetchr logo

Fetchr

fetchr.so

Fleek logo

Fleek

joinfleek.com

OpenHanger logo

OpenHanger

openhanger.com

Alternew logo

Alternew

alternew.com

Wantable logo

Wantable

wantable.com

Fashion Project logo

Fashion Project

Ole - Quick Facts

Who are Ole's competitors?

Companies similar to Ole include GoFlyy, Dropshop Fashion, Shoptiques and Traetelo.

When was Ole founded?

Ole was founded in 2021.

Where is Ole's headquarters located?

Ole's headquarters is located in Tel Aviv, Tel Aviv District, IL.

When was Ole's last funding round?

Ole's most recent funding round was for $1.5M (USD) in November 2023.

How much has Ole raised to-date?

As of Nov 9, 2023, Ole has raised a total of $2M (USD).

Ole - Classification

Industry
  • Retail
Ownership
  • Venture Capital
Technology
  • Logistics
Geographic Exposure
  • Global
Revenue
  • Transactional
Customer
  • Consumers
Main Product
  • Delivery
  • Fashion
Tags
  • eCommerce
NAICS
  • 510000Information
  • 517000Telecommunications
  • 517100Wired and Wireless Telecommunications (except Satellite)
  • 517110Wired and Wireless Telecommunications Carriers (except Satellite)
  • 517112Wireless Telecommunications Carriers (except Satellite)
SIC
  • 7300Business Services
  • 7310Advertising
  • 7313Radio, Television, And Publishers' Advertising Representatives
Show 5 more industry codes
NAICS
  • 440000Retail Trade
SIC
  • 4800Communications
  • 5900Miscellaneous Retail
  • 5990Retail Stores, Not Elsewhere Classified
  • 5999Miscellaneous Retail Stores, Not Elsewhere Classified