There are many peer-to-peer clothing reselling websites, but none with a founder quite like Tracy Dinunzio. To launch Tradesy she put her apartment’s guest room on Airbnb, sold her car and borrowed $5,000 from her parents three times. She also built her Internet company without a technical background, learning all her skills using free resources.
Good news for Tracy Dinunzio: her P2P clothing site Tradesy just closed a $13 million round from Kleiner Perkins and Richard Branson. This financial support is a far cry from the days of founding Tradesy: in 2012, Dinunzio launched Tradesy by putting her apartment’s guest room on Airbnb, selling her car and borrowing $5,000 from her parents three times. Then, without a technical background, she set out to build the platform herself.
Santa Monica-based Tradesy announced a $30 million Series C funding today. The latest round puts the P2P fashion site at $74.5 million since it launched in 2012, and $60 million raised since the start of 2015. Tradesy's platform connects sellers with fashion buyers, while facilitating payment, shipping kits and returns.