Company Overview
Snapshot
Founded in November 2013 by Nir Laznik, Roee Lahav, and Shany Elkin, Out Of X operates with 1–10 employees. The company secured funding in one disclosed round from one investor. In September 2016, Out Of X received seed funding from SOSV.
Business overview
Out Of X provides a platform that connects independent global fashion designers with customers in China. The company's core technology allows designers to upload prototypes, set minimum manufacturing quantities, and take pre-orders. Once enough orders are placed, items are funded, produced, and shipped to customers. Out Of X aims to enhance brand desirability and product diversification for high-end retailers in China through its network of independent fashion designers, also helping designers expand their customer base via partnerships with luxury Chinese retailers in tier-one cities. It operates within the Business Software sector, specifically focusing on e-Commerce Tools, and serves the fashion industry in geomarkets like China.
Company Intelligence Q&A
- What is Out Of X's primary business model?
- Out Of X operates on a B2B2C and B2C business model, connecting independent fashion designers with consumers and retailers in China.
- When was Out Of X founded and by whom?
- Out Of X was founded in November 2013 by Nir Laznik, Roee Lahav, and Shany Elkin.
- What was a key funding event for Out Of X?
- In September 2016, Out Of X secured seed funding from investor SOSV.
- Where are Out Of X's main offices located?
- Out Of X has offices in Tel Aviv-Yafo, Israel; New York, United States; and Shanghai, China.
- What markets does Out Of X primarily target?
- Out Of X primarily targets the Chinese market, connecting global fashion designers with customers and luxury retailers in the region.