Tradesy operates a marketplace for pre-owned luxury fashion items, many of which are worn only a few times. The company sells a range of products from multi-thousand dollar Rolex watches to clothing and shoes. Tradesy is led by founder and CEO Tracy DiNunzio. The business is based in Los Angeles. In September 2021 the company announced a $67M Series D funding round led by Foris Ventures, the family office of John Doerr. As part of the financing, Jeff Housenbold joined Tradesy's board of directors. Tradesy operates an online marketplace and mobile apps for buying and selling second‑hand luxury clothing and accessories, including bags and shoes. The platform offers a service that takes care of shipping, returns and payment. Founded in 2012 and led by CEO Tracy DiNunzio, the company is based in Santa Monica, California. Tradesy has raised $75M in total funding to date. The company says it will use the new funds to continue to expand operations. Its marketplace is available at tradesy.com and via iOS and Android apps. Tradesy operates a peer-to-peer marketplace that connects buyers and sellers of clothing, shoes and accessories. Its marketplace technology leverages curation and personalization algorithms to match sellers with like-minded buyers. The platform supports sellers by providing packaging materials, recommending pricing and handling returns. The company plans to use the newly raised funds to hire new staff and increase marketing efforts. The article reports a $30M funding round valuing Tradesy at roughly $100M, reflecting investor confidence. Tradesy is led by CEO Tracy DiNunzio and is based in Santa Monica, California. Tradesy is a peer-to-peer marketplace that connects sellers and buyers of designer fashion. The platform provides packaging materials, pricing recommendations, handles returns and automates shipping, enhancement of user-generated content, and authentication of designer goods. Led by CEO and Founder Tracy DiNunzio and based in Santa Monica, CA, the marketplace has 1.3 million members. The company raised $13M in a Series B financing led by Kleiner Perkins Caufield & Byers. Tradesy said it will use the funds to accelerate growth and scale the team. In conjunction with the financing, KPCB General Partner John Doerr and Stephanie Tilenius joined Tradesy’s board of directors. Tradesy operates a marketplace for women to list and sell clothing and accessories, from designer pieces to fast-fashion items. The platform offers a pricing recommendation engine, image cleanup, searchable indexed listings, mobile apps, alerts, and the ability to follow trends and community members. Tradesy handles shopping, packing, insurance, shipping, and returns, and takes a 9% cut of each sale; sellers are paid once items ship. The site includes buyer/seller ratings and an internal messaging system to facilitate transactions and customer service. Tradesy reports that sellers on its platform can earn 15% more than on other online marketplaces, 50% more than in consignment stores, and 20% more than through classified ads. Founded by Tracy DiNunzio (who previously built RecycledBride, which was profitable in its first year and attracted over 6 million brides), Tradesy is based in Santa Monica, CA and has nine full-time employees.

Total raised

$142M

Funding rounds

5

Latest round

Series D

Latest activity

Sep 2021