The I MAKE DIY Platform Received Funding to Enhance Its Marketplace
Daniel Johnson — August 12, 2020 — Business
References: i-make & eu-startups
I MAKE, a startup company operating out of Paris, recently was able to raise €1.5 million in funds which will be put toward its DIY marketplace, named 'makers.' The funds will directly streamline technical development aspects of the marketplace and content on the platform.
The I MAKE marketplace currently lists over 50,000 products created for DIY consumers. In addition to DIY products, the I MAKE platform has a community of 50 content producers who share DIY knowledge on the platform. The DIY platform was founded in 2019 by Elodie Abécassis, in order to provide consumers with one place that can handle all of a person's DIY needs.
Abécassis also released a statement on the ethos behind launching I MAKE, "That is why I decided to create I MAKE, and propose a website that gathers all the supplies in the same place but also shares tips and inspirations to make everything by yourself."
Image Credit: I MAKE
The I MAKE marketplace currently lists over 50,000 products created for DIY consumers. In addition to DIY products, the I MAKE platform has a community of 50 content producers who share DIY knowledge on the platform. The DIY platform was founded in 2019 by Elodie Abécassis, in order to provide consumers with one place that can handle all of a person's DIY needs.
Abécassis also released a statement on the ethos behind launching I MAKE, "That is why I decided to create I MAKE, and propose a website that gathers all the supplies in the same place but also shares tips and inspirations to make everything by yourself."
Image Credit: I MAKE
Trend Themes
1. DIY Marketplace - The I MAKE DIY marketplace is streamlining technical development to enhance the user experience and offer a wide range of products for DIY enthusiasts.
2. Community-driven DIY Platforms - Platforms like I MAKE are incorporating a community of content producers to share DIY knowledge and inspire users to create their own projects.
3. Centralized DIY Solutions - I MAKE aims to provide a one-stop-shop for all DIY needs, offering convenience and accessibility to DIY consumers in one platform.
Industry Implications
1. E-commerce - The DIY marketplace industry, represented by platforms like I MAKE, is changing the way consumers purchase and engage with DIY products, providing a seamless online shopping experience.
2. Content Creation - The rise of community-driven DIY platforms, such as I MAKE, presents an opportunity for content producers to monetize their knowledge and expertise in the DIY space.
3. Home Improvement - Centralized DIY solutions like I MAKE offer disruptive innovation opportunities for the home improvement industry by empowering consumers to take on DIY projects and easily access relevant supplies and resources.
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