Circular Economy Company Recurate Secures $3.25 Million in Funding and Helps Brands Cash In On the $5 Trillion Circular Fashion Movement With New Ecommerce Tool
Recurate enables brands and ecommerce stores to host integrated peer-to-peer marketplaces, allowing the brand's customers to resell items previously purchased from the brand. Without Recurate, brands' products are typically resold on third-party marketplaces, leaving the brand with no relationship with customers who are reselling their items, no opportunity to drive loyalty, and little information about these sales. "We're investing in Recurate because their team recognized a tremendous opportunity for brands to bring used goods sales back to their own online properties," says Zach Bratun-Gl...
Source: prnewswire.com
