Recurate's Resale Platform For Brands | Knowledge Hub | Circle Economy Foundation
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Business case
Recurate's Resale Platform For Brands
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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.

Problem

The ever-changing trends have moved the fashion industry to forget about the environment leading to being the reason for pollution and creating waste.

Solution

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.

Outcome

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.

Additional information

Photo credits: charlesdeluvio - Unsplash

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