It's no secret that it's a more challenging environment to raise in these days, great companies always find a way. To be a supporter in one that does so much good for consumers by helping them save money and reduce their carbon footprint is even more of a win. Congrats to Jake Disraeli Sonia Yang and the entire Treet team! https://lnkd.in/gpxqbp_G
Today, I’m thrilled to share Treet has closed a $10M Series A! This funding is a testament to the tireless work our team has put in over the past three years to live up to our mission of ensuring every item lives its longest life – we do this by empowering brands to effortlessly launch their own profitable resale programs. The round was led by Two Sigma Ventures (special S/O to Dan Abelon and Kyra Durko) with participation from all our previous lead investors: First Round Capital, Bling Capital, and Techstars. To celebrate this milestone, we’re sharing data and learnings from launching over 150 branded resale programs in the past three years (~60% of all branded resale programs launched in that time). I’ve included the link in the comments below. A MASSIVE thank you to my amazing Co-Founder, Sonia Yang, whose product vision has been steering our ship since Day 1, and to our incredible team on the front lines of the branded resale revolution. Without your passion and dedication, our ship would be lost at sea. I’m so grateful to our brand partners who trust Treet to power their resale efforts. It’s been so humbling to work with some of our teams’ favorite brands and cannot wait to see what the Treet brand roster looks like a year from now. And a big thank you to Evan Clark at WWD for sharing our fundraising story alongside our partnership with Galia Lahav this morning: