# Tradesy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tradesy

- Industry: Internet
- Headquarters: Sacramento, US
- Website: www.tradesy.com
- Total disclosed funding: $146M
- Latest round: Series D (Sep 16, 2021)
- Investors on record: 12

## About

Tradesy, Inc., based in the US, operates an online marketplace specializing in the resale of luxury fashion items, connecting sellers and buyers to promote sustainable fashion and unique shopping experiences.Tradesy, Inc. is an online platform that facilitates the resale of luxury fashion items. Founded in 2009 in Sacramento, US, by Philippe Raffin, Sara Fitzmaurice, and Tracy DiNunzio, the company has undergone various changes in business strategy over the years. Recently, on March 15, 2022, Tradesy was acquired by Vestiaire Collective SA, enhancing its presence in the US market. The company has successfully raised a total of USD 67.00 mn across multiple funding rounds, with the latest being a Series D round led by Foris Ventures.Tradesy specializes in the resale of authenticated designer fashion items, including clothing, shoes, bags, jewelry, and accessories. By providing a reliable platform for individuals to buy and sell pre-owned luxury fashion, it caters to consumers seeking both contemporary and vintage pieces from well-known brands like Gucci and Louis Vuitton. This marketplace encourages sustainable fashion practices while connecting a broad audience of fashion enthusiasts across various geographical regions, including North America.Tradesy generates revenue mainly through transaction fees on sales conducted through its platform, where sellers receive a portion of the sale price. The company's direct-to-consumer model enables sellers to list items for sale, while buyers can purchase at negotiated prices. Tradesy promotes its platform with incentives such as reduced selling fees for new listings, facilitating broad participation from sellers. Its flagship products, primarily high-demand designer items, are priced based on their market value, ensuring a clear commission-based transaction structure for users.Following its acquisition in March 2022, Tradesy is focusing on expanding its offerings and market reach in the US. The integration with Vestiaire Collective SA is expected to accelerate its growth strategy, allowing for the introduction of new product lines and enhancements to the platform. Tradesy aims to leverage its recent funding to enhance its technology and marketing efforts, aiming to engage a broader audience and capture a larger share of the luxury resale market.

## Funding rounds

- Series D, Sep 16, 2021, $67M — Foris Ventures
- Series C, Nov 15, 2016, $30M — Kleiner Perkins, Rincon Venture Partners, Wildcat Capital Management
- Series B, Sep 11, 2015, $3.1M — Kleiner Perkins, Rincon Venture Partners
- Series B, Jan 26, 2015, $30M — Kleiner Perkins, Rincon Venture Partners
- Series B, Jul 2, 2014, $0.8M — Kleiner Perkins
- Series B, May 7, 2014, $14M — Kleiner Perkins, Venture Partners, Northgate Capital, Rincon Venture Partners, Red Swan Ventures, Double M Partners, Bee Partners, Daher Capital
- Series A, Jan 1, 2012, $1.2M — Rincon Venture Partners, 500 Global, Double M Partners, Launchpad LA, Bee Partners, Daher Capital

## Investors

- Rincon Venture Partners (https://capitalatlas.ai/funds/rincon-venture-partners) — Series A, Series B, Series C
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- Double M Partners — Series A, Series B
- Launchpad LA — Series A
- Bee Partners (https://capitalatlas.ai/funds/bee-partners) — Series A, Series B
- Daher Capital — Series A, Series B
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series B, Series C
- Venture Partners (https://capitalatlas.ai/funds/venture-partners) — Series B
- Northgate Capital (https://capitalatlas.ai/funds/northgate-capital) — Series B
- Red Swan Ventures (https://capitalatlas.ai/funds/red-swan-ventures) — Series B
- Wildcat Capital Management — Series C
- Foris Ventures (https://capitalatlas.ai/funds/foris-ventures) — Series D