About Renewal Workshop
Renewal Workshop is a Retail company based in Portland (United States) founded in 2015 by Jeff Denby and Nicole Bassett, and was acquired by Bleckmann in March 2022. It operates as a rejected garments are refurbished into ready-to-wear apparel. Renewal Workshop has raised $12.5 million across 4 funding rounds from investors including Fashion For Good, SHIFT Invest and DOEN. Its focus areas include Consumer Goods, Apparel Brands, Casual Wear and Multi category. Its competitors include Everlane, True Religion Apparel, Chubbies Shorts, 100 Thieves and Levi's and 5 more; 5 of its 10 listed competitors have raised funding.
Company details
Founded in 2015 in Portland, United States, Renewal Workshop operates in the sustainable apparel sector. Garments rejected during quality control by partner brands, such as Cirque and Ibex, are acquired and reworked into functional ready-to-wear items. Each piece undergoes in-house quality checks and is accompanied by an Impact Score indicating environmental benefits. Operations focus on extending garment lifecycles through refurbishment processes.
- Headquarters Portland, United States
- Founders Jeff Denby, Nicole Bassett
- Stage Acquired
- SectorsRetail
- Email••••••••
- Website renewalworkshop.com
- Social LinkedIn X Facebook
- Acquired by Bleckmann (Mar 2022)
- Total Equity Funding$12.5M (USD)
in 4 rounds
- Latest Funding Round$6M (USD), Series A
Jul 2021
- InvestorsFashion For Good
& 13 more
- Acquired byBleckmann
(Mar 2022)
Funding Insights of Renewal Workshop
Renewal Workshop has successfully raised a total of $12.5M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12.5M
- Total Rounds 4
- Last Round Series A — $6M
- First Round $1M
(Jun 2016)
- Investors Count 13
All 4 funding rounds of Renewal Workshop with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2021 | $6M | Series A | – | Rubio impact Ventures, Mosaico Management | |
| Dec 2019 | $5.5M | Series A | – | Rubio impact Ventures, SHIFT Invest | |
| May 2018 | – | Series A | – | – | |
| Jun 2016 | $1M | Seed | – | – |
14 investors in total: 14 institutional.
Investors in Renewal Workshop
Renewal Workshop has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Fashion For Good, SHIFT Invest and DOEN.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Impact investments are made in world-changing entrepreneurial ventures. | 2014 | rubio.vc | Amsterdam, Netherlands | |
Early-stage impact investments are focused on Dutch companies. | 2009 | shiftinvest.com | Amstelveen, Netherlands | |
Energy and tech investments are made primarily in Europe. | – | quadia.ch | Geneva, Switzerland | |
Investing and operating in the circular economy through recycling, innovation, and financial strategies. | – | closedlooppartners.com | - | |
An impact investment firm focused on innovative, community-driven businesses. | – | gratituderailroad.com | - | |
A community-focused entity is operated for collective impact initiatives. | – | mistletoe.co | Singapore, Singapore | |
Venture capital fund focused on consumer goods sectors | – | voltacircle.com | London, United Kingdom | |
US-based startups are accelerated and funded via venture capital support. | – | portlandseedfund.com | Portland, United States | |
Pre-seed and seed stage investments are targeted by VTF Capital. | – | vtfcapital.com | Las Vegas, United States | |
Invests in opportunities at human activity and natural capital intersections for superior returns. | 2015 | mosaicomanagement.com | Falls Church, United States |
Investor details for Renewal Workshop
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People of Renewal Workshop
4 people are tracked at Renewal Workshop (4 in leadership).
| Name | Role | Group |
|---|---|---|
Jeff Denby | Co-Founder | Leadership |
Nicole Bassett | Co-Founder | Leadership |
Andrew Gray | Brand Aquisition & Wholesale Director | Leadership |
Jana Gay, bCRE-Pro | Director of Business Systems | Leadership |
Complete people profiles for Renewal Workshop
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Timeline of Renewal Workshop
4 dated milestones of Renewal Workshop across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Renewal Workshop is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series A, of $6.0M.
- Exit Acquired by Bleckmann.
Competitors of Renewal Workshop
Renewal Workshop has 10 listed competitors in our database, 5 of them funded. They include Everlane, True Religion Apparel, Chubbies Shorts, 100 Thieves and Levi's, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| everlane.com | 2010 | San Francisco, United States | $90.21M | 375 | Multi-category fashion products are offered via an internet-first brand. | |
| truereligion.com | 2002 | Los Angeles, United States | – | 1,453 | Internet first brand of fashion apparel wear for men and women | |
| chubbiesshorts.com | 2011 | San Francisco, United States | $14.13M | 54 | Men's casual apparel and swimwear are designed and retailed. | |
| 100thieves.com | 2017 | Los Angeles, United States | $95M | 149 | Multi-category casual apparel is offered online for men and women. | |
| levi.com | 1853 | San Francisco, United States | – | – | Internet first brand of apparel wear for kids, women, men and accessories | |
| cotopaxi.com | 2013 | Cottonwood, United States | $74.86M | 81 | Cotopaxi is engaged in selling outdoor gear and apparel. | |
| american-giant.com | 2011 | San Francisco, United States | $26.13M | 74 | American Giant is focused on producing American-made clothing and activewear. | |
| brooksbrothers.com | 1818 | New York, United States | – | 2,646 | Retailer of men's and women's apparel and accessories | |
| calvinklein.com | 1968 | New York, United States | – | 11 | Internet first brand of fashion apparel wear for men and women | |
| global.tommy.com | 1985 | New York, United States | – | – | Internet first brand of casual and formal apparel wear for men and women |
Detailed competitors of Renewal Workshop
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Top companies in Fashion & Lifestyle E-Commerce
10 companies that operate in the same segment as Renewal Workshop (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 719 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Vilnius County, Lithuania | USD 872.04 M | USD 2 M | 4,595 | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | USD 73.11 M | 493 |
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Related news about Renewal Workshop
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Frequently Asked Questions about Renewal Workshop
Renewal Workshop was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Renewal Workshop is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Renewal Workshop is a funded company, having raised a total of $12.5M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jun 2016.
Founded in 2015 in Portland, United States, Renewal Workshop operates in the sustainable apparel sector. Garments rejected during quality control by partner brands, such as Cirque and Ibex, are acquired and reworked into functional ready-to-wear items. Each piece undergoes in-house quality checks and is accompanied by an Impact Score indicating environmental benefits. Operations focus on extending garment lifecycles through refurbishment processes.
Renewal Workshop's top competitors include True Religion Apparel, Everlane and Cotopaxi.
Renewal Workshop has 14 investors. Key investors include Fashion For Good, SHIFT Invest, DOEN, Bleckmann, and Rubio Impact Ventures.
Yes. Renewal Workshop was acquired by Bleckmann in March 2022.