Tradesy Garners $30,000,000 New Financing

  • Feed Type
  • Date
    5/10/2016
  • Company Name
    Tradesy
  • Mailing Address
    1217 2nd Street 3rd Floor Santa Monica, CA 90401 USA
  • Company Description
    Tradesy is a new fashion recommerce site from the creator of the highly popular site, Recycled Bride.
  • Website
    http://www.tradesy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Tradesy will use the majority of the new funds for hiring, specifically data scientists and taxonomists who are tasked with analyzing the site’s shopping data to see how fashion brands might be able to use it. Tradesy will also use the new money to run more national cable TV ad campaigns.
  • M&A Terms
  • Venture Investor
    Wildcat Capital Management
  • Venture Investor
    Undisclosed