Topics
belated
AI
Amazon
Image Credits:Tingit
Apps
Biotech & Health
Climate
Image Credits:Tingit
Cloud Computing
mercantilism
Crypto
Enterprise
EVs
Fintech
Fundraising
contraption
stake
Government & Policy
Hardware
Layoffs
Media & Entertainment
Meta
Microsoft
privateness
Robotics
certificate
societal
place
startup
TikTok
transportation system
speculation
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
Podcasts
television
Partner Content
TechCrunch Brand Studio
Crunchboard
adjoin Us
Do you have a much - loved crown with a torn sleeve or pair of begrimed kicks gathering dust at the back of your closet?Tingit , a startup out of Lithuania , wants to help masses restore their used clothing to its former resplendence with its newly launched fix marketplace .
The platform lets you use your phone to snap and upload a agile telecasting of upset item to get a quotation mark for repair or restoration . If you ’re felicitous with the quotation mark , you may pay through Tingit ’s app and then get off your stuff to the opt stamping ground shop class . After that it ’s just a case of waiting for a few days or weeks . No need to trawl through back alleys for specialist restorers and wrangle unfriendly store schedule . The platform takes all the slack .
There ’s just one catch for now : Tingit is only available in Lithuania , where the Vilnius - based inauguration debuted the avail in February . However , the inauguration has just evoke a € 500,000 pre - seed funding rung to keep scale the commercial enterprise , and CEO and co - founder Indrė Viltrakytė say it has its sights on dilate into other markets in Europe . That will likely happen afterward next year when the company will be look to raise a seed round .
Lithuania is home to way reuse marketplace giantVinted , so the country ’s entrepreneurs have pedigree in this area . Tingit is another gross mart period of play , but it calculate to connect people who own damaged / hard-pressed fashion point with businesses that can repair them .
“ I grow up with the people who started Vinted . So watch the caller go from a small , local shop to this global vast marketplace was really , really inspiring , ” Viltrakytė told TechCrunch . “ I do hope that we can achieve something similar with repair , and incur synergies with company that already make on the sustainability front . ”
Viltrakytė fall up with the idea for Tingit after working in fashion for years and growing frustrated by the industry ’s problems with sustainability and overconsumption . This is n’t her first experience as a tech entrepreneur , either : She worked for three twelvemonth with Vinted cobalt - founding father Justas Janauskas on a social medium inauguration for teenagers that saw some traction locally before they shut it down . She has also dabbled in digital way and crypto / web3 .
Still , a political program that handles physical repairs constitute a different case of challenge .
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
“ I ’m a problem solver . So when I call up about something that is break , I get this impulse to fix it , ” she said . “ I personally tried to repair a lot of items [ … ] and it ’s always a vast headache , a dogfight . I had a Dyson pilus dryer , and it direct me six hebdomad to unionise a repair for many , many reasons . So I thought , you know , it ’s 2023 , there has to be a better way . And I front around and there was no expert way . So I just decided to make for with it in the end and see what it could look like . ”
Tingit currently connects users with resort and restoration servicing for apparel , shoe and accessories . This includes specialist renovation employment like sprucing up stool pigeon and handbags as well as more intimate services like teetotal cleanup .
The decision to focus on fashion is in the main because the four co - founders already had manufacture expertness to draw on , per Viltrakytė . But if they can build scale , she says there ’s no reason to stop there . repair for sports goodness , toy and consumer electronics could be possible succeeding avenue , but anything sounds possible , provided there ’s need for it and business to provide a help .
European Union regulations are a drive force here , withrequirements for right hand to repair come inalongsideexpanded ecodesign rule , which include plans for digital product passports . All of this is aimed at power a changeover to a more circular economic system so the bloc can meet its 2050 last - zero greenhouse gas pedal emissions mood goal .
The macroeconomic mood may also wager to a “ make do and mend ” hand . Viltrakytė say one of the startup ’s investor predict a ceding back is come . “ That ’s why he thinks repairs could be next wave , because the premature undulation was secondhand clothing , ” she said .
So far , Tingit ’s marketplace has facilitated more than 650 complete fix and fielded more than 2,500 repair requests from user . It ’s working with three local business to cater services , according to Viltrakytė — one handle repairs for clothing , another for shoe and cup of tea , and one provides dry cleanup services .
Upcycling and modding ( alteration ) are also part of Tingit ’s design , as is offering recycling . But Viltrakytė says specific adjustment ( i.e. tailoring ) are n’t a expert tantrum for the hands - off platform approach , as measurements are more accurate when do in person .
Shoe hangout make up 70 % of orders on the platform , currently , and its typical client is a “ busybodied workings ma ” seem for more effective ways to get stuff done .
Viltrakytė admits to being a little surprised there are n’t more manpower using the platform pay how many sneakerheads are male . But she suggest it could be partly down to a deficiency of awareness about the kind of restoration services that are useable .
“ I would really care to introduce this conception of seasonal maintenance , ” she said , pointing out that a new twain of shoes can have a much longer life if they ’re the right way wait after . A double - yearly repair serving could be peddle as a “ new drug abuse ” to invest in to make stuff last longer .
“ My personal finish is basically make repairs more like a drug abuse — I always say , like brushing your teeth , ” she added .
Prices for mending and restoration serve vary calculate on the complexness of the job — starting at € 9 for a protective discussion for footgear , € 25 + for a zipper replacement on vesture , all the way up to € 139 + for a premium purse renovation .
Viltrakytė noted the startup has had some very mellow - end items sent in for fix / restoration , such as a Hermès handbag worth € 10,000 . And given the rise in popularity of vintage clothing , fashion resale platform and 2d - hand marketplaces , there are some interesting ways a mending marketplace could cross with that wide course .
She says the company already gets a mickle of enquiries from mass sending in screenshots of items they ’ve see on 2nd - hand marketplaces like Vinted , ask how much it would cost to indemnify .
“ I suppose we can increase the value of used items , because people have no musical theme what can be done with , specifically , way items , ” she said . “ If you take a really bleed - down bag , if it ’s a sumptuousness bag , a well - made detail , you could [ doctor it ] not like new , but like 85 % new . ”
Tingit is originate as a business enterprise to consumer ( B2C ) marketplace , but Viltrakytė reckons there ’s opportunities to flourish into B2B2C.
“ We can be official representatives for brands — that ’s already a prove occupation model , ” she suppose . “ Also , we plan to do API integrations for retailers or other market like Vinted or Vestiaire Collective . ”
The startup is thinking about how it can further dial up its utilization of engineering science , too , to make it even less of a faff for people to get their stuff repaired . Viltrakytė said the company wants to work on using AI to automatise damage depth psychology and quote multiplication , which are manual appendage at present . So exploiter would n’t even need to take and upload a video of their item , and could just show it to the camera .
AI could also be used to automate the valuation of wearing apparel for resale and to generate data on what ’s circulate in the round economic system , which could be of interest to various businesses . Fashion assay-mark and product lifecycle tracking are other area Tingit is interested in explore .
Tingit ’s pre - seed funding round was moderate by Firstpick , a Lithuanian VC investment company and accelerator for tech startup in the Baltics . BADideas.fund ( Latvia ) , PurposeTech ( Czech Republic ) and Heartfelt Capital ( Germany ) also participate .
Commenting in a statement , Jonė Vaitulevičiūtė , managing partner at Firstpick , said , “ There is still a void of cognition when it come to leveraging technology to enhance sustainability . That is why we are super excited to see how Tingit will train consumers and help them produce sustainable habits . ”