Secondhand start-up Gently raises $2 million in pre-seed funding

US-based start-up, Gently, has revealed that it has acquired $2 million in a pre-seed round of funding to expand its secondhand marketplace.

The company stated in a press release that it wants to become the “Amazon of secondhand” by enabling consumers to shop from many resale sites in one location.

Customers can use the platform to search, filter, and receive alerts from websites such as Poshmark, Depop, and Ebay.

Samuel Spitz, the CEO and co-founder of the product, said that he wasted hours browsing across all these different secondhand sites and digging through irrelevant results. They want to make buying used items as simple as doing so on Amazon.

Currently, Gently has worked with websites like ThredUp, Vestiaire Collective, Rebag, StockX, and TheLuxuryCloset, from which it receives a share of the sales it has sparked.

By 2024, the company, which presently serves 10,000 daily users, wants to have one million customers.

Spitz stated that he intends to broaden his business over the following few years to include other industries, such as furniture, as well as implement machine learning to improve the search experience.

Recent Posts

Harsh Vardhan Jalan, Liva Fabrics unveil sustainable collection

Harsh Vardhan Jalan has collaborated with Liva Fabrics to launch a couture collection named 'Prana', which embodies sustainability and artistic…

9 hours ago

AbTF introduces transparency standard for organic cotton

The Aid by Trade Foundation (AbTF) has launched a new transparency standard to improve the tracking of sustainable cotton throughout…

9 hours ago

RapidMade launches innovative thermoformable carbon fiber

RapidMade, a company specializing in 3D printing, thermoforming, and engineering services, has launched Aerolite in partnership with West Lake Plastics.

9 hours ago

LOOMIA, AFFOA unveil innovative textile heating technology

LOOMIA and AFFOA have introduced the Gentoo Heater—a cutting-edge flexible heating solution designed for ultra-cold environments as low as -60°C.

1 day ago

Circ launches Fiber Club to accelerate adoption of recycled textiles

Circ, a U.S.-based textile-to-textile recycling innovator, has unveiled Fiber Club, a pioneering initiative in collaboration with Fashion for Good and…

1 day ago

Hologenix, Sunlighten launch products with infrared innovation

Hologenix has announced its second collaboration with Sunlighten, a leading provider of infrared saunas and portable light therapies.

1 day ago