News
South African circular fashion platform Kloset Klub raises Seed round backed by Thinkroom
Kloset Klub, a South African platform for pre-loved fashion, has raised an undisclosed Seed round backed by Thinkroom, with Frank Smit co-investing.
By Propel Africa · 2026-06-08
Kloset Klub has raised a Seed round backed by Thinkroom, Disrupt Africa reported on 8 June. The amount was not disclosed. Thinkroom, an African entrepreneurship and innovation firm, wrote the first cheque, and Frank Smit joined as a co-investor.
What Kloset Klub does
The South African company runs a circular fashion platform for buying and selling pre-loved clothing. It offers curated resale, peer-to-peer shopping and managed closet services. The aim is to help sellers earn value from their wardrobes and give buyers access to premium second-hand fashion at lower prices. Phumi Körber founded the company.
Plans
The funding will be used to expand operations. Körber said: "Building a business is never linear".
At a glance
- Company: Kloset Klub
- Raised: Not disclosed
- Round: Seed
- Investor: Thinkroom
- Co-investor: Frank Smit
- Founder: Phumi Körber
- Business model: Curated resale, peer-to-peer shopping, managed closets
- Markets: South Africa