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Arlington-Based Recurate Helps Fashion Brands Facilitate Secondhand Sales

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Online secondhand shopping is taking the U.S. fashion market by storm and one Arlington startup is helping traditional retailers adapt.
Recurate co-founded by CEO Adam Siegel, who lives and works from home in Rosslyn allows retail brands to host resale platforms where customers can sell their used items directly from their purchase history.
The company manages the shipment from the seller to the buyer, and the seller is compensated with in-store credit or cash once the product is delivered.
“Every brand has lost revenue and customers to the resale market,” CEO Adam Siegel tells ARLnow. “Sites like Poshmark and ThredUp have made it cool to buy pre-owned products, and brands’ customers are flocking to those sites to buy branded pieces.” ....

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Recurate Raises $3.25M in Seed Funding

Recurate, Inc., an Arlington, VA-based technology company that allows customers to sell their used items directly on their favorite brand’s site, raised $3.25m in seed funding.
The round was led by Gradient Ventures with participation from Rise of the Rest, part of Revolution’s Rise of the Rest Seed Funds and Third Kind Ventures.
The company intends to use the funds to continue to expand operations and its business reach.
Founded in 2020 by CEO Adam Siegel and COO Wilson Griffin, Recurate is a circular economy technology company that offers brands an ecommerce solution to capture their secondhand sales. It enables an integrated peer-to-peer marketplace on brands’ ecommerce stores, allowing their customers to resell items they previously purchased from those brands. Recurate works with fashion, outdoor gear, electronics, and equipment brand companies. ....

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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-Glennon, Partner at Gradient Ventures. With Recurate s platform, brands bring best-in-class ecommerce experiences to resellers and customers of used goods, as well as generate greater community and loyalty for the brand. We expect the growth in the demand for ecommerce, circular commerce, and sustainable purchasing options to continue. ....

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Resale Company Recurate Raises $3.25 Million

Resale Company Recurate Raises $3.25 Million
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DVIDS - News - Contracting Soldiers support Army's largest exercise in 25 years

JOINT BASE SAN ANTONIO-FORT SAM HOUSTON, Texas (Feb. 19, 2020) Mission and Installation Contracting Command Soldiers are helping lay the acquisition groundwork to ensure essential services and supplies are in place as the Army prepares for its largest European exercise in 25 years.
Contracting Soldiers from the 901st Contracting Battalion at Fort Hood, Texas, and 904th CBN at Fort Stewart, Georgia, have been planning for and begin deploying this week to integrate to area operations of the 409th Contracting Support Brigade at Sembach Kaserne, Germany, in support of Defender-Europe 20.
Defender-Europe is a U.S. Army Europe-led, joint, multinational training exercise demonstrating the deployment of a division-size combat force from the United States to Europe. Approximately 37,000 U.S., allied and partner nation service members are expected to participate, including about 20,000 Soldiers deploying from the United States, supporting NATO objectives to build r ....

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