Tip me
A transparent tipping from consumers to producers backed by blockchain technology.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
N/A | Seed | ||
| Total Funding | 000k | ||
| EUR | 2021 | 2022 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 246 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| % profit margin | (1770 %) | (79 %) |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
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Tip Me is a unique platform that allows consumers to directly tip the garment workers who make their clothes, ensuring that 100% of the tips go to the workers. Operating in the ethical fashion market, Tip Me partners with brands that prioritize transparency and fair labor practices. The business model involves integrating a tipping option at the point of sale in partner shops, where consumers can choose to add a tip for the workers. These tips are then collected and distributed fairly among the workers. Tip Me serves ethically conscious consumers and brands looking to enhance their social responsibility. The company generates revenue through partnerships with brands that integrate the tipping feature into their sales process. By promoting direct, safe, and transparent tipping, Tip Me aims to improve the lives of garment workers and promote ethical production practices.
Keywords: ethical fashion, garment workers, direct tipping, fair compensation, transparency, partner brands, social responsibility, ethical production, consumer empowerment, fair labor practices.