“Online luxury consignment site The RealReal announced this morning its largest round of financing to date with news that it has closed on $40 million in Series D funding, as the company is poised to double its $100 million in annual revenue in 2015. The round was led by Industry Ventures and included participation from new investors Greycroft Growth, Growth, and DBL Partners.”

Read Article

Decoded Fashion - Fashion Tech Daily -  The RealReal

“ThredUp, a startup that has built an online spin on a consignment store, has just raised $23 million in funding, according to a filing with the U.S. Securities and Exchange Commission.

The San Francisco-based company, which sells and buys like-new clothing, intends to raise $25 million for this round, according to the document.”

Read Article

Decoded Fashion - Fashion Tech Daily - ThredUp

“The RealReal has a new app that’s like a Kelley Blue Book-type service for high-end products. Customers can shop from thousands of items, and can also use it to find the market value for a designer piece lurking in the back of their closet.”

Read Article

Decoded Fashion - Fashion Tech Daily - TheRealReal

Screen Shot 2014-01-16 at 6.16.50 PM

  1. Twice, the Consignment Shop of the Internet, Raises $18.5 Million
    Twice lets users mail in gently used clothes for money, or shop online for new clothes, sorted by brand, size, color and style.
  2. Ogle Outfits and Share Your Unique Style with WearToday
    Launching on iOS in invite-only beta, WearToday lets you photograph your current outfit, ID your clothes and share full-body shots with tags of your threads.
  3. Sarah Jessica Parker Hops on Another Fashion Venture for WeTheAdorned
    WeTheAdorned, a new jewelry e-commerce venture, has enlisted the “Sex and the City” alumna as a curator for its site, which is set to launch this spring.
  4. Top Trends to Watch Out for 2014
    PSFK and Mixhibit examine the new trends that will pop up this year, including holistic health and a growing tech intimacy.