BAZAA Investment tldr.

This curated marketplace reached $1.5M+ in annualised sales and 50% month-on-month growth in under a year.

Author

Pippa Smith
May 22, 2025

⏱️ Estimated reading time: 3 minutes.

Elevator Pitch:

Bazaa is Australia’s first integrated platform for sustainable interiors. Led by a powerful duo (ex-founder of VOLY & previous Exec at Depop), Bazaa has skyrocketed to generate $1.5m in annual sales and amassed 40,000 monthly users in under 12 months. 

 Key Details:

Business Model:

Online Marketplace

Annual Revenue:

$1,500,000

Based in:

Sydney, NSW, Australia

Established in:

Month 2024

Ask:

$500,000
(min: $100,000, max: $500,000)

Offering:

Equity.

Use of funds:

Scale customer acquisition.
Invest in branding and marketing.
Increase retention with AI-driven personalisation.

Offered via:

Birchal

Founding team:

Thibault Henry:
Ex Voly Co-founder, scaled VOLY to 200+ employees and raised $20M in Seed funding.

Aria Wigneswaran:
Ex Depop Exec, led Depop’s AU/APAC expansion before it was acquired for $1.6B by Etsy.

Traction:

In less than 12 months Bazaa is already: 

  • Generating $125,000+ Monthly Recurring Revenue (AUD).

  • Over 40,000 active platform users.

  • Over 9,000 listings. 

  • Customer AOV $750+

The Industry:

80% of Australians want second-hand furniture, but current solutions fall short. The Australian furniture market is projected to hit $38B by 2028, with secondhand furniture growing 2X faster than retail.

Main competitors:

  • Facebook Marketplace

  • Vintage Stores & Auctions

  • Premium Vintage Marketplaces (Collecte, Curated Spaces, Vinteriors)

  • Traditional & New Retailers (IKEA, Temple & Webster).

Competitive edge:

  • Proprietary Multi-vendor Platform: Bazaa delivers end-to-end experience with secure messaging and in built payments.

  • Integrated delivery services: We’re making it easier than ever for buyers and sellers to enjoy reliable, hassle-free shipping, a first in this space.

Risks:

An investment in the Company should be seen as high-risk and speculative. A description of the main risks can be found on the investment offer page and are not limited to:

  • Operational Risk:

    The Company has a limited operating history and is not yet profitable. Although forecasts and plans have been made based on the best of our knowledge and historical performance, it is unclear whether the Company will be able to continue to scale revenue and profit margin to grow a sustainable profitable business.

  • Returns Are Not Guaranteed: 

    There is no guarantee of any income distribution or capital return on the shares in the Company nor is there a guarantee of repayment of capital amounts. Shareholders will not be entitled to any guaranteed distributions of profits or capital. There is no guarantee that distributions will be at a certain level or that there will be distributions at all.

View Bazaa’s live investment opportunity:

Always consider the general CSF Risk Warning and Offer Document before investing.