What is RS Recommerce Technologies?
Founded in 2021, RS Recommerce Technologies, operating under the brand reverse.supply, provides a comprehensive platform designed to streamline the complexities of the resale market for fashion brands. Leveraging its dedicated logistics center in Berlin, the company manages the operational and technical challenges associated with reselling used products. Its proprietary AI-driven grading system ensures quality control and accurate price determination, empowering fashion brands to establish their own direct-to-consumer portals for pre-owned apparel.
How much funding has RS Recommerce Technologies raised?
RS Recommerce Technologies has raised a total of $5.6M across 1 funding round:
Angel/Seed
$5.6M
Angel/Seed (2022): $5.6M with participation from Capnamic Ventures, Dutch Founders Fund, and PUSH Ventures
Key Investors in RS Recommerce Technologies
Capnamic Ventures
Capnamic Ventures is a venture capital firm focused on early-stage investments in German-speaking regions, particularly supporting tech companies in B2B and SaaS sectors with financial backing and strategic guidance.
Dutch Founders Fund
The Dutch Founders Fund is an early-stage venture capital fund from Amsterdam, founded by experienced entrepreneurs, specializing in marketplaces and companies with strong network effects.
PUSH Ventures
PUSH Ventures is an early-stage venture capital firm that invests in outstanding teams with convincing products and high growth potential, focusing on digitalization and technological advances.
What's next for RS Recommerce Technologies?
The substantial enterprise-level funding indicates a strategic push for RS Recommerce Technologies to scale its operations and enhance its technological capabilities. This investment is likely to fuel expansion into new markets, further development of its AI grading system, and strengthening of its logistics infrastructure. The company is well-positioned to capitalize on the growing consumer demand for sustainable fashion options and the increasing adoption of circular economy models by major brands.
See full RS Recommerce Technologies company page
