Tech Company Financing Transactions
ThredUP Funding Round
On 5/12/2011, ThredUP raised $7 million in Series B funding from Redpoint Ventures and Trinity Ventures.
Transaction Overview
Company Name
Announced On
5/12/2011
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series B
Investors
Redpoint Ventures (Lead Investor)
Proceeds Purpose
The new funding will be spent on improving the core product and also adding new swap items like toys, books, and maternity items.
Company Information
Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
114 Sansome St. 5th Floor
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Undisclosed
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James Reinhart
Chief Marketing Officer
Anthony Marino
Chief Operating Officer
John Voris
Chief Technical Officer
Chris Homer
VP - Bus. Development
Oliver Lubin
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