FARO
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About FARO
FARO is Africa’s fastest growing fashion venture - on a mission to build the world’s most innovative fashion outlet and reduce waste. Combining AI-powered technology with our in-house garment reconditioning, we transform excess stock into high-quality, affordable fashion, focusing on emerging markets. Our model reduces waste, preserves brand equity, and delivers value to consumers while supporting global sustainability goals.
Company Profile
Web Signals
Contact Information
Headquarters
129 Bree Street, Neighbourgood, Cape Town, Western Cape 8001, ZA
Digital Footprint
Team Size
Employees
51-200
Social Presence
Active Channels
1/5
Limited
FARO: quick facts
- Where is FARO based and when was it founded?
- FARO is headquartered in Cape Town, South Africa and was founded in 2023.
- Who founded FARO?
- FARO was founded by Chris Makhanya (Co-Founder & CCO), Chris Makhanya (Co-Founder & CCO), Amber Penney (Co-Founder & Chief Operating Officer), Amber Penney (Co-Founder & Chief Operating Officer) and 2 other founders. FARO founders and team
- Who is the CEO of FARO?
- William McCarren is FARO's Co-Founder & Co-CEO.
- How much funding has FARO raised?
- FARO has raised $6M across 2 disclosed rounds. Its latest, a $6M Seed, was announced on Jan 15, 2025. FARO funding rounds
- Who has invested in FARO?
- Backers include Jean-Paul Zammitt, Vikram Chopra, Tushar Ahluwalia, Presight Capital and 5 others.
- What sector is FARO in?
- FARO operates in RetailTech, Artificial Intelligence and Fashion.
More RetailTech startups in South Africa
Profile updated Source: SLA Startup Index
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