On-demand manufacturing & design platform for fashion
Job no longer available
On-demand manufacturing & design platform for fashion
21-100 employees
Job no longer available
21-100 employees
To transform the $3 trillion fashion industry by fundamentally changing its business model and the way it impacts our planet.
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To transform the $3 trillion fashion industry by fundamentally changing its business model and the way it impacts our planet.
Few candidates hear
back within 2 weeks
-9% employee growth in 12 months
ONE is an inventory-free operating system for the fashion industry built by Resonance Companies, and designed to make the clothes market more sustainable. Every year, almost a third of the clothing made ends up thrown away - mostly due to the over-stocking of inventory in warehouses by big brands. By presenting a means for fashion brands to manufacture their products on-demand and more local, ONE is helping to reduce this massive contribution to the waste crisis.
Through the ONE platform, brands can manage all their operations from "inspiration to closet", with the means to design, market and sell in one place. When customers place an order, it is then laser cut and printed at one of ONE's facilities, and the resulting patterns are assembled by a sewing team before its drop shipped to the buyer. The bonus for brands is that they accrue no additional costs for warehousing or the disposal of excess stock - and they lose no production investment in items that do not sell well.
Although ONE's model is already efficient at reducing waste, it may be a while before its ultimate vision of an entirely sustainable production pipeline is achieved. That said, it has taken a step in the right direction with the opening of a New York assembly hub so it no longer shipping patterns to the Dominican Republic for assembly. The company will need to pull more brands onto the platform to gather momentum, but it is certainly one to watch as it develops into the future.
Freddie
Company Specialist
Oct 2020
$22.5m
LATE VC
Sep 2018
$8m
EARLY VC
Founders
Christian Gheorghe
(CEO)Previously founded TIAN Software Co, and then enterprise performance management app company Tidemark Systems Inc. Additionally served as CTO and SVP of SAP.
Lawrence Lenihan
(Chairman)Has served as managing director at Pequot Capital Management and FirstMark Capital, then director at Tommy John, VirginMega, Body Labs, TraceLink, and Digital Currency Group. Additionally spent time as chairman at Norisol Ferrari.