thredUP was founded in January 2009 by James Reinhart, Chris Homer, and Oliver Lubin. The company has not officially endorsed a plan to participate in an IPO.
thredUP operates an online consignment and thrift store that has incorporated partnerships with retailers in what the company is dubbing “Resale-As-A-Service.” The company has raised over $330 million in Venture Capital funding from investors including Goldman Sachs, Upfront Ventures, Highland Capital Partners, Redpoint Ventures, FUEL Capital, and Trinity Ventures. Per company press releases, thredUP last raised $175 million in August 2019 a post-money valuation of $670 million.
thredUP does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 8/21/2019 | Series F | $666.46MM | $XXX.XX | $XXX.XX |
| 1/8/2018 | Series E-1 | $453.95MM | $XXX.XX | $XXX.XX |
| 8/27/2015 | Series E | $412.68MM | $XXX.XX | $XXX.XX |
| 7/11/2014 | Series D | $113.53MM | $XXX.XX | $XXX.XX |
| 9/28/2012 | Series C | $59.78MM | $XXX.XX | $XXX.XX |
| 3/28/2011 | Series B | $25.45MM | $XXX.XX | $XXX.XX |
| 6/25/2010 | Series A-1 | $5.38MM | $XXX.XX | $XXX.XX |
| 2/11/2010 | Series A | $300K | $XXX.XX | $XXX.XX |
