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ThredUp

976 employees

ThredUp is transforming resale with technology and a mission to inspire the world to think secondhand first. By making it easy to buy and sell secondhand, ThredUp has become one of the world's largest online resale platforms for apparel, shoes and accessories. Sellers love ThredUp because we make it easy to clean out their closets and unlock value for themselves or for the charity of their choice while doing good for the planet. Buyers love shopping value, premium and luxury brands all in one place, at up to 90% off estimated retail price. Our proprietary operating platform is the foundation for our managed marketplace and consists of distributed processing infrastructure, proprietary software and systems and data science expertise. With ThredUp’s Resale-as-a-Service, some of the world's leading brands and retailers are leveraging our platform to deliver customizable, scalable resale experiences to their customers. ThredUp has processed over 172 million unique secondhand items from 55,000 brands across 100 categories. By extending the life cycle of clothing, ThredUp is changing the way consumers shop and ushering in a more sustainable future for the fashion industry.

Investor insights

Funding rounds participated in

$175M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Retail Apparel and Fashion

Sectors

Retail Apparel and Fashion

Date founded

2009

Funding rounds raised

Total raised

$175M

from 3 investors over 1 rounds

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ThredUp raised $175M on September 21, 2019

Investors: Irving Investors, Park West Asset Management and + 2 Other investors

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