Tech Company Financing Transactions

ThredUP Funding Round

Highland Capital Partners, Redpoint Ventures and Trinity Ventures joined a $14.5 million Series C capital raise for ThredUP. The round was announced on 10/3/2012.

Transaction Overview

Company Name
Announced On
10/3/2012
Transaction Type
Venture Equity
Amount
$14,500,000
Round
Series C
Investors

Highland Capital Partners (Lead Investor) (Daniel Nova)

Redpoint Ventures (Timothy Haley)

Trinity Ventures (Patricia Nakache)

Proceeds Purpose
thredUP will use the funding to open several new distribution and processing centers nationwide to support increasingly high volumes of inventory.

Company Information

Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
114 Sansome St. 5th Floor
San Francisco, CA 94104
USA
Phone
Undisclosed
Email Address
Overview
We started thredUP in January, 2009 mainly because as football loving, bike riding, beer drinking men we couldn't be caught dead at a clothing swap. That, and the whole absurdly inefficient $2B used clothing industry felt like a great place where we could improve the lives of customers.
Profile
ThredUP LinkedIn Company Profile
Social Media
ThredUP Company Twitter Account
Company News
ThredUP News
Facebook
ThredUP on Facebook
YouTube
ThredUP on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
James Reinhart
  James Reinhart LinkedIn Profile  James Reinhart Twitter Account  James Reinhart News  James Reinhart on Facebook
Chief Marketing Officer
Anthony Marino
  Anthony Marino LinkedIn Profile  Anthony Marino Twitter Account  Anthony Marino News  Anthony Marino on Facebook
Chief Operating Officer
John Voris
  John Voris LinkedIn Profile  John Voris Twitter Account  John Voris News  John Voris on Facebook
Chief Technical Officer
Chris Homer
  Chris Homer LinkedIn Profile  Chris Homer Twitter Account  Chris Homer News  Chris Homer on Facebook
VP - Bus. Development
Oliver Lubin
  Oliver Lubin LinkedIn Profile  Oliver Lubin Twitter Account  Oliver Lubin News  Oliver Lubin on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/2/2012: Interventional Spine venture capital transaction
Next: 10/3/2012: Gravity venture capital transaction

 

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Our team works diligently to document every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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