Investment firm Upfront Ventures has announced their participation in a huge round of Series E funding for one of their previous investments, ThredUP. ThredUP is a second-hand clothing online marketplace, that buys and sells gently used women’s and kid’s clothing.
Goldman Sachs led the latest funding round, which raised $81 million in total. Upfront wrote a detailed piece outlining the growing opportunities in the second-hand marketplace, which can be seen on their Insights blog here. Small Business Trends also has more on the story in this article.