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To power Resale as a Channel for the world's most beloved brands, extending the life of millions of products.
-15% employee growth in 12 months
Trove is a branded recommerce company which partners with the likes of Patagonia, lululemon, and Levi’s, allowing them to drive profitable resales channels while keeping ownership of customer transactions and data, and in turn driving down waste and carbon emissions.
While the clothing $130 billion second hand fashion market is surging at the moment, thanks to customer demand for a more circular economy as well as the success of platforms like Grailed and Depop, there’s been very little reward for the original brands themselves.
A solution like Trove’s is an ideal tonic, as it boosts their public image, social impact, as well as their profitability. The B-corporation has managed to raise well over $100 million in funding thus far, and given its success with some major clothing brands, it looks set to continue to grow.
Steph
Company Specialist at Welcome to the Jungle
Aug 2023
$30m
SERIES E
Aug 2021
$77.5m
SERIES D
This company has top investors
Andy Ruben
(Executive Chairman)Founded and was CEO until early 2022. Became Executive Chairman upon Gayle Tait's promotion to CEO. Former VP of Global eCommerce at Walmart.