Added: Sep 26, 2022
Last edited: Sep 26, 2022
Recurate is a resale tech platform founded in 2020 by CEO Adam Siegel and COO Wilson Griffin, enables brands and customers to participate in the circular economy by providing them with their e-commerce resale site.
The ever-changing trends have moved the fashion industry to forget about the environment leading to being the reason for pollution and creating waste.
Recurate a resale tech platform that enables brands and customers to participate in the circular economy by providing them with their e-commerce resale site.
Its innovative idea makes it an easy resale experience, increasing brands’ sustainability, customer loyalty, and revenue, making a better planet.
Their service is not just limited to fashion, accessories, and footwear, but electronics, outdoor gear, and equipment branded companies as well.
Recurate has secured $14 million in Series A funding. The funds will be used in brand integration, enhance data analytics capability and find solutions for brands to resell unsold inventory and product returns, along with exploring auctions and other upcycling opportunities.
Photo credits: charlesdeluvio - Unsplash
Stretch the lifetime
Rethink the business model
Design for the future
Incorporate digital technology
Maximise lifetime of products after use
Product business models
Design out waste
Digital platforms
Second-hand sale, distribution
Peer to peer sharing
Sale of durable, long-lasting goods
Design for minimal waste
Online platforms
Ecological Impact
Economic Impact
Cost Savings
Innovation
Minimise Waste (SDG12)
Save Water (SDG6)
Biodiversity
circularbusinessmodel
sustainable shopping
Circular Economy
Sustainability
resale
circularity
environmental sustainability
second-hand footwear
secondhandclothing
minimalwaste
onlineplatform