ThredUP Obtains $81,000,000 Series E Financing

  • Feed Type
  • Date
    9/10/2015
  • Company Name
    ThredUP
  • Mailing Address
    580 Market St 4th Floor San Francisco, CA 94104 USA
  • Company Description
    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.
  • Website
    http://www.thredup.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $81,000,000
  • Transaction Round
    Series E
  • Proceeds Purposes
    The company intends to use this new funding to continue to expand its operations to meet customer demand.
  • M&A Terms
  • Venture Investor
    Goldman Sachs
  • Venture Investor
    Undisclosed