Poshmark

Poshmark, Inc. operates a social marketplace that facilitates the buying and selling of lifestyle products, including apparel, footwear, home goods, beauty products, and accessories. Established in 2011 and headquartered in Redwood City, California, Poshmark connects a community of over 80 million registered users across the United States, Canada, Australia, and India. The platform blends the interpersonal aspects of traditional shopping with the convenience of e-commerce, making it easy for users to engage in sustainable consumption by buying and reselling both new and secondhand items. Through this approach, Poshmark not only promotes a vibrant marketplace for fashion and lifestyle products but also encourages environmentally conscious choices among consumers.

Tracy Espeleta

Director, Product

Gautam Golwala

Co-Founder and CTO

2 past transactions

Suede One

Acquisition in 2021
Suede One is a company that offers a virtual authentication software platform focused on luxury goods, particularly sneakers and collectibles. By utilizing machine learning and computer vision, along with expert human review, Suede One analyzes product images to determine the authenticity of items. The platform employs advanced algorithms to differentiate between real and counterfeit products, delivering customers personalized comparisons to authentic pairs. This innovative approach ensures that buyers can make informed purchasing decisions in the luxury market.

Totspot

Acquisition in 2016
Totspot is a mobile marketplace designed for buying and selling resale fashion for families, enabling parents to shop with ease similar to social media platforms. The service allows users to customize their shopping experience based on size, brand preferences, and seller affinity, leading to significant savings of approximately 70% off retail prices. Listing items for sale on Totspot is straightforward, taking less than a minute to complete, with all transactions occurring within the app. Founded in January 2008 and based in Mountain View, California, Totspot initially started as a platform for parents to document their children's milestones and share updates with family and friends. It combines elements of an online baby book, parent journal, and social network, with an emphasis on easy data portability and extensive printing options currently in development.
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