Wire
Trendful raises $200K to modernize supply chain for resale, secondhand businesses
Trendful, a software company that created a platform for resale merchants to acquire pre-owned inventory from their customers, announced today it raised $200,000 from the TinySeed accelerator program. Resellers are businesses — such as marketplaces, auction houses, pawnshops, and more — that buy and sell secondhand items such as clothing, antiques, household goods, and equipment. Many of these businesses use antiquated, manual systems to acquire their inventory, wasting time and limiting their growth.
Think of Trendful as the Shopify for resellers. Trendful’s SaaS platform provides a suite of tools to manage product offers, customer relationships, inventory, shipping, pricing, and payouts. The company’s resale app integrates with merchant’s websites to guide their customers through selling nearly any item in a few steps. Trendful also offers access to a database that shows pricing trends on more than 30,000 unique items.