Locations
New York, NY, USA
industry
Blockchain and Crypto · Information Technology · Software · Sustainability
Size
11-50 employees
Stage
Other
founded in
2018
The Deadstock Opportunity: Fabric, it's everywhere. It's your clothing, the material on your chair, the inside of your car, the carpet under your feet. Yet $120B of unused fabric ("deadstock") sits in warehouses collecting dust or gets burned or buried. This costs brands/retailers $168B in warehousing costs. At that volume, waste is not just environmentally irresponsible, it's a CFO issue. Queen of Raw solves the $288B in lost revenue while reducing waste, improving efficiency, & growing loyalty. Reselling Technologies for Turning Deadstock Into Dollars: After leading the market with its front-end marketplace for textile resale (ranked top 3 globally for keyword "deadstock fabric"), Queen of Raw built back-end software. Through the cloud, enterprise brands/retailers can participate in circular commerce profitably & at scale. They take action on deadstock based on real-time insights & end-to-end automation. We completed a software integration with SAP for access to data & customers & we partnered with MIT Solve to advance our proprietary algorithms measuring impact & ROI.
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