CASCADE LOCKS – Secondhand solutions specialist The Renewal Workshop (TRW) has secured US$6 million after a successful funding round.
Investments from the likes of Rubio Ventures, Shift Invest, Quadia, Closed Loop Partners, Fashion for Good and Gratitude Railroad will support TRW’s ambitions of scaling its services.
“TRW is the leading full service solution that supports recapture, renew and recommerce for apparel companies today on a global platform. Given the fast changing landscape of consumer sentiment, every brand needs to have a resale solution to stay competitive and TRW is the ideal partner from both a technology and execution perspective,” said Caroline Brown, current TRW board member, investor, and managing director at Closed Loop Partners.