Otrium won the Rising Star award at the Deloitte Technology Fast 50 2019

Amsterdam, 15 October 2019 – Thursday night, Otrium received the Rising Star award. The Rising Star 2019 by Deloitte ranks the fastest-growing tech companies in The Netherlands, based on their level of innovation, growth potential and scalability.   

 

The Rising Star is the award for the most promising young tech start-ups in the Netherlands and part of the Deloitte Technology Fast 50. Tech companies under the age of four automatically take part in the Rising Star category. 

 

Thursday afternoon Milan Daniels (Co-founder of Otrium) and the other nominees pitched for an independent jury. The jury was evaluating several aspects, but mainly focusing on level of innovation, scalability, sustainability and growth potential. The jury expects the Rising Star to be able to do well in the Fast 50 ranking within a few years.

 

During the Awards ceremony at Casco in Amsterdam, Otrium received the Rising Star award. Milan Daniels: “I think that this is an amazing recognition for our marketplace that is enabling more and more fashion brands to get the most value out of their previous collections. I am proud of the amazing team that works extremely passionate to enable the hyper growth of Otrium. We are looking forward to continue our journey of giving every fashion item produced a chance. 

 

Ivo Meij, Senior Manager at Deloitte: “I know Otrium since the start and I am very proud to see the company growing to a real scale-up. I expect that Otrium will rank very high in the Deloitte Technology Fast 50 next year and follow the footsteps of old rising stars Bynder and Sendcloud.

 

 

About Otrium

Founded in 2016, Otrium’s mission is to build the world’s leading online outlet, connecting previous collections with fashion-lovers. Founded in 2016, Otrium now has over 100 brand partnerships including up-and-coming designers and global names, such as G-Star, Puma, Vans, Pepe Jeans and Scotch & Soda.

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About Otrium

It’s our mission to extend the life-cycle of fashion

We enable brands to turn their unsold inventory challenge into one of their biggest opportunities. We increase the value of previous collections by finding the right match within our shopping community, dynamic pricing and managing fulfillment services.Through our managed marketplace, brands can open an online direct-to-consumer outlet store with full control over pricing, merchandising and visibility.

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