Re-commerce company Trove, whose technology powers the resale services of brands like Lululemon, Patagonia, Nordstrom, Levi’s and Eileen Fisher, has secured 77.5 million dollars in Series D funding.
The round was led by G2 Venture Partners, with other participants including Bank of Montreal, Capital One Ventures, Commerce Ventures and Wellington Management.
The round brings Trove’s total funding to date to 122.5 million dollars.
It comes as the fashion resale space continues to heat up, driven by fast-growing consumer demand for more environmentally friendly clothing.
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