The Cobblers
EXIT
RIP
Year Invested:
2022
Sector:
Marketplace, Ecommerce
Key people:
Warren Barthes, David Perez, Guillermo Barragan, Alexa Oelbaum, Robert Schmiedler

The Cobblers is an online marketplace for restoration of luxury items: Designer bags and shoes and sneakers, as well as jewellery and watches. The Cobblers connects a consumer who has a need to restore an item with an artisan who has the skill to give it a second life. Hence, they give the consumer the capacity to enjoy his item again, or sell it onto the marketplaces, while creating value to artisans by giving access to a deal flow that he otherwise would not have.

In order to cover the full spectrum of the circular economy, they are soon launching a Luxury Exchange where the consumer is able to buy and sell these same assets, in a much more harmornized and streamlined manner than the current platforms that exist can offer. Transactions will take a few minutes to execute, in opposition to a few months on the current marketplace. The Cobblers is looking to disrupt an inefficient industry, by bringing technology an liquidity to an ever expanding market.

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