About ThredUP
ThredUP is a company based in Bangkok (Thailand) founded in 2009 by Chris Homer and James Reinhart. ThredUP has raised $302.12 million across 7 funding rounds from investors including Goldman Sachs, Upfront Ventures and Highland Capital Partners. The company has 1,630 employees as of December 31, 2024. ThredUP has completed 2 acquisitions, including Kindermint and Remixshop.com. ThredUP operates in a competitive market with competitors including Depop, Treet, Thrilling, BUMP and Lovd, among others.
- Headquarter Bangkok, Thailand
- Employees 1630 as on 31 Dec, 2024
- Founders Chris Homer, James Reinhart
- Stage Public
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Thredup Inc.
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Annual Revenue
$260.03 M (USD)0.59as on Dec 31, 2024
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Net Profit
-$65.65 M (USD)7.85as on Dec 31, 2024
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EBITDA
-$15.81 M (USD)51.62as on Dec 31, 2024
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Total Equity Funding
$302.12 M (USD)
in 7 rounds
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Latest Funding Round
$175 M (USD), Series F
Aug 21, 2019
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Investors
Goldman Sachs
& 10 more
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Employee Count
1630
as on Dec 31, 2024
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Investments & Acquisitions
Kindermint
& 1 more
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IPO & Listings of ThredUP
ThredUP is a publicly listed company on the NASDAQ with ticker symbol TDUP in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of ThredUP
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Software Development Team
40 people
Human Resources and Administration
10 people
Operations Team
9 people
Leadership Team
8 people
Senior Team
7 people
Data Analysis and Operations Team
6 people
Product Management Team
6 people
Creative and Marketing Team
6 people
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Funding Insights of ThredUP
ThredUP has successfully raised a total of $302.12M across 7 strategic funding rounds. The most recent funding activity was a Series F round of $175 million completed in August 2019. 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.
Investors in ThredUP
ThredUP has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Goldman Sachs, Upfront Ventures and Highland Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
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Investment banking services are delivered across multiple financial sectors.
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Venture capital funding is provided to early-stage companies.
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Venture capital investment and entrepreneur support services.
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Investor details for ThredUP
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Investments & Acquisitions by ThredUP
ThredUP has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Kindermint and Remixshop.com.
Investment portfolio details for ThredUP
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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An online consignment store offering pre-owned clothing for children.
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Second-hand fashion items are sold online by Remixshop.com.
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Locked | Locked | 2012 | Locked |
Complete acquisition details for ThredUP
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Financial Statements - ThredUP
Detailed financials for ThredUP
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Thredup Comparisons
Peer comparison for ThredUP
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Competitors of ThredUP
ThredUP operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Depop, Treet, Thrilling, BUMP and Lovd, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Pre-owned fashion products are traded via an app-based marketplace.
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A peer-to-peer resale marketplace for branded secondhand items is facilitated.
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Online marketplace of pre-used women's apparel and accessories
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Pre-owned streetwear is traded through an app-based marketplace.
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Second-hand fashion items are sold via an online marketplace.
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Detailed competitors of ThredUP
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Latest news on Thredup
Complete news archive for ThredUP
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Frequently Asked Questions about ThredUP
ThredUP was founded in 2009 and raised its 1st funding round 1 year after it was founded.
ThredUP is headquartered in Bangkok, Thailand.
James Reinhart is the current CEO of ThredUP. They have also founded this company.
ThredUP is a funded company, having raised a total of $302.12M across 7 funding rounds to date.
As of Dec 31, 2024, the latest employee count at ThredUP is 1,630.
Annual revenue of ThredUP is $260.03M as on Dec 31, 2024.
ThredUP was founded in 2009 as an online marketplace focused on pre-owned goods. Items including clothes, shoes, handbags, and accessories are exchanged by users. Products are searched and filtered by brand, size, and category. The platform is offered via mobile applications on app stores and Google Play. Operations are based in Bangkok, Thailand, serving the second-hand retail sector.
Yes, ThredUP is publicly traded on NASDAQ under the ticker symbol TDUP.
ThredUP has made 2 acquisitions, including Kindermint, and Remixshop.com.
ThredUP has 11 investors. Key investors include Goldman Sachs, Upfront Ventures, Highland Capital Partners, Park West Asset Management, and Redpoint Ventures.
The ticker symbol of ThredUP is TDUP on NASDAQ.