A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – SECOND HAND GOODS
- 5miles, a Dallas- and Beijing-based mobile classifieds platform raised $30M in Series B funding from Blue Lake Capital, IDG Capital Partners, Morningside Group and SIG-China. Link
- Jualo, a Jakarta based P2P marketplace for second hand goods raised an undisclosed amount of Series A funding from NSI Ventures and Alpha JWC Ventures. Link
- Threadflip, an online consignment shop for women’s clothing ceased its operations and joined Le Tote, a fashion rental startup. Link
SOME INTERESTING STARTUPS FOUND
Girls on Greenwich (2015, NYC) – An online consignment shop for pre-loved luxury kids clothing augmented with editorial content to help promote discovery.
Furnex (2015, Toronto) – An online used furniture marketplace that facilitates the discovery of furniture items in the local community.
Le-Portier (2015, Surabaya) – An online platform to buy, sell or consign luxury fashion items in Indonesia.
Swapit (2015, Hong Kong) – A peer to peer mobile hyperlocal listings platform for buying and selling second hand goods.
LEADER BOARD – SECOND HAND GOODS
Classifieds
58.com (2005, Beijing, IPO) – Online classified advertisements website serving local merchants and consumers in China. Went IPO in 2013.
Quikr (2008, Mumbai, $350M) – Online classifieds portal to search, buy/sell/rent items and services. Backed by Investment AB Kinnevik, Tiger Global, Warburg Pincus, Nokia Growth Partners & NVP.
Olx (2006, NYC, $28.5M, Acq.) – Online classifieds platform that enables its users to post ads and share them on social networks. Acquired by Naspers in 2013.
Craigslist (1995, SF, $13.5M) – Online classified advertisements website for jobs, personals, wanted items, services, and discussion forums. Backed by eBay.
Horizontal – P2P
Letgo (2015, NYC, $100M) – P2P mobile listings platform. Backed by Naspers.
OfferUp (2012, Seattle, $73M) – P2P mobile listings platform for household goods. Backed by Andreessen Horowitz, Tiger Global & T. Rowe Price.
Mercari (2013, Tokyo, $42M) – Mobile marketplace to buy and sell clothing, electronics, household goods, and specialty items. Backed by WiL, Global Brain, Globis, GMO & East Ventures.
Electronics
Aihuishou (2011, Shanghai, $70M) – Online marketplace for recycling and sale of second-handelectronic items. Backed by IFC, Morningside Group & Tiantu Capital.
Glyde (2006, Palo Alto, $27M) – P2P e-commerce marketplace for new and used electronic products and games. Backed by CRV & RPM Ventures.
Fashion
ThredUp (2009, SF, $131M) – Online marketplace to buy and sell gently used women and kids clothing. Backed by GS, Highland Capital Partners, Redpoint & Trinity Ventures.
Vinted (2008, Vilnius, $61M) – Online marketplace to buy, swap and donate unwanted clothing. Backed by Hubert Burda Media.
Tradesy (2012, Santa Monica, $44.5M) – Mobile based P2P marketplace to buy and sell clothing items. Backed by KPCB & Rincon Venture Partners.
Fashion – Luxury
Secoo (2008, Shanghai, $205M) – Online consignment shop for second hand luxury goods. Backed by China Media Capital, IDG, Ventech & Vangoo.
TheRealReal (2011, Tiburon, $83M) – Online full service consignment marketplace for designer goods. Backed by Industry Ventures, Canaan & InterWest.
VestiaireCollective (2009, Paris, $67M) – Global marketplace enabling people to buy and sell luxury, pre-owned fashion products. Backed by Eurazeo.
Furniture
MoveLoot (2013, SF, $22M) – Online used furniture consignment services. Backed by Index Ventures, Metamorphic Ventures & First Round.
Chairish (2013, SF, $7M) – Online consignment marketplace for used furniture. Backed by OATV & Azure Capital Partners.
Baby & Kids
Swap (2008, Boston, $18.5M, Acq.) – Online consignment store for baby, kids’ and women’s items. Backed by CleanTech Invest. Acquired by Netcycler in 2012.
Percentil (2012, Madrid, $6M) – Marketplace of second hand products for children. Backed by Active VP & Seaya Ventures.
Leader board includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
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