Trove secures US$77.5m, details big plans

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BRISBANE – Fashion resale services provider Trove has secured US$77.5m via a Series D funding round. 

The Californian firm says it will use the money to support collaborations with new brand partners, whilst also supporting a push into the luxury market.

Andy Ruben, Trove’s CEO, said: “We’re thrilled to join forces with this group of prestigious investors to accelerate our expansion efforts and enable more brands and retailers to build successful resale channels that help them deepen their relationships with customers and reduce their environmental impact.”

BRISBANE – Fashion resale services provider Trove has secured US$77.5m via a Series D funding round. 

The Californian firm says it will use the money to support collaborations with new brand partners, whilst also supporting a push into the luxury market.

Andy Ruben, Trove’s CEO, said: “We’re thrilled to join forces with this group of prestigious investors to accelerate our expansion efforts and enable more brands and retailers to build successful resale channels that help them deepen their relationships with customers and reduce their environmental impact.”

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