Offe Market Raises $3M in Seed Funding Led by Slauson & Co.

Offe Market, a Los Angeles, CA-based online marketplace that connects shoppers with excess inventory from fashion and lifestyle brands, has raised $3 million in a Seed funding round, bringing its total to $4.3 million.

The round was led by Slauson & Co. with participation from InvestTN, Baukunst, Jill Fisher Bowen, Stephanie Kleinjan, and Ruffin Mitchener.

The company will use the funds to develop its commerce intelligence platform, with a focus on AI-powered pricing, personalised product discovery, and live commerce.

What is Offe Market?

Offe Market is an online marketplace that offers discounted fashion, beauty, and lifestyle products from established and emerging brands. Its products are generally available at 30% to 80% below retail prices.

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The platform helps brands sell excess inventory while retaining control over pricing, merchandising, and product presentation. It connects directly with brands’ inventory systems to update product information, prices, and availability in real time. The system also automates fulfilment routing through its distribution centre.

For shoppers, personalised recommendations help them discover products and brands. The platform also provides brands with sell-through data to support inventory decisions.

How Much Funding Has Offe Market Raised?

Offe Market has raised $4.3 million in total funding, including its latest $3 million seed round.

The company has not provided details of earlier funding rounds, including their dates and investors.

Who Invested in Offe Market’s Seed Round?

The $3 million seed round was led by Slauson & Co.

Other participating investors include InvestTN, Baukunst, Jill Fisher Bowen, Stephanie Kleinjan, and Ruffin Mitchener.

Why the Funding Matters

Offe Market plans to use the new capital to advance its commerce intelligence platform. Its priorities include AI-powered pricing, personalised discovery, and live commerce.

These tools are intended to help brands manage excess inventory more effectively while improving how shoppers find and purchase products. The company also aims to give brands greater visibility into sales performance, and more control over how their products reach customers.

Who founded Offe Market?

Offe Market was founded in 2022 by Rachel Gannon and is based in Los Angeles, California.

Gannon developed the business idea after more than a decade in buying and merchandising. She previously worked at Rue La La, managed a $120 million business at Macy’s, and became the first buyer at ban.do, where she built its third-party buying channel into a multimillion-dollar business.

Her experience highlighted challenges in traditional off-price retail, including low payouts for brands, complex logistics, limited sales data, and reduced control over product presentation.

Market and Business Growth

Offe Market has reported 2.5x year-over-year growth in revenue, shopper count, and order volume. The company has worked with more than 200 brands, including Harper Wilde, OBEY, Rachel Antonoff, Wrangler, and Dolce Vita.

It has also expanded beyond fashion into home and beauty products, including rugs, furniture, candles, and skincare. Brands available on the platform include Nopalera, P.F. Candle Co., Papier, Chillhouse Nails, and Wildflower Cases.

What Happens Next?

Offe Market plans to continue developing its commerce intelligence platform, particularly its AI-powered pricing, personalised discovery, and live commerce features.

The company will also continue connecting brands with shoppers through its online marketplace and physical store, while expanding its offering across fashion, beauty, and lifestyle categories.

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