According to filings with the U.S. Securities and Exchange Commission, Trove Recommerce is raising $32,065,972.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Gayle Tait played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Trove Recommerce
The all-in-one platform for branded resale We power trade-in and resale of beloved brands, delivering sustainable and profitable growth at scale. Streamlining Resale-As-A-Channel Brands have millions of items owned by customers. Troves technology and logistics engine reduces the complexities of getting them back into in-store and digital sales channels and resold to new customers. Partnering with the worlds most beloved brands Our white label option delivers authentic brand experiences that engage the existing customer while attracting new ones. Leveraging products as valuable assets Trove provides a true-to-brand resale experience, valuable insights, and the operations for retailers to stand up a scale and profitable resale program. Growing into the future Our brand partners are forging deeper relationships with their customer that has far-reaching benefits for their business and our collective future. Eileen Fisher: 107% increase in customer lifetime value REI: 1M+ pre-loved items sold in 2021 Lululemon: 400+ stores offering point-of-sale trade-in Patagonia: +80% Online inventory sells within one week Arcteryx: 2x growth in trade-ins year over year .

To learn more about Trove Recommerce, visit http://trove.co

Contact:
Gayle Tait, Chief Executive Officer
650-695-2082

SOURCE: http://www.intelligence360.io
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