Poshmark
Poshmark, Inc. is a social marketplace that facilitates the buying and selling of new and secondhand lifestyle products, including apparel, footwear, home items, beauty products, and accessories. Founded in 2011 and headquartered in Redwood City, California, Poshmark combines the personal touch of physical shopping with the convenience of e-commerce, making transactions simple, social, and sustainable. The platform caters to a diverse community of over 80 million registered users across the United States, Canada, Australia, and India. Poshmark promotes sustainable consumption by encouraging users to resell and purchase pre-owned items, thereby fostering a more environmentally conscious approach to fashion and lifestyle choices. With millions of active buyers and sellers, Poshmark is shaping the future of commerce through its innovative platform.
Top Stages
2 past transactions
Suede One
Acquisition in 2021
Suede One is a company that specializes in virtual authentication for sneakers and luxury goods. It utilizes advanced technologies, including machine learning and computer vision, alongside expert human review, to analyze product images and determine the authenticity of items. By employing sophisticated algorithms, Suede One can identify whether a sneaker or collectible is genuine or counterfeit, offering customers personalized comparisons to verified authentic products. This innovative platform aims to enhance consumer confidence in the luxury goods market by providing reliable authentication services.
Totspot
Acquisition in 2016
Totspot is a mobile marketplace designed for families to buy and sell resale fashion, providing a user-friendly platform that allows parents to shop with ease. By enabling personalized searches based on size, brand preference, and seller affinity, Totspot offers customers an average savings of 70% off retail prices. The selling process is streamlined, requiring less than 60 seconds to post an item, with all transactions conducted within the app. Founded in January 2008 and headquartered in Mountain View, California, Totspot aims to blend shopping with community engagement, making it a convenient choice for families looking to manage their children's fashion needs.
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