Thrift®

Thrift®

Retail

Liverpool, Lancashire 812 followers

Know what any item is worth on the resale market, and where to sell it.

About us

Our platform lets sellers know what any item is worth across the resale and second-hand market (clothing, antiques, jewellery, electronics, collectables etc), and where to sell it. We specialise in non-barcoded items and use proprietary algorithms to clean the data from each marketplace - giving 99% accuracy. Through trials with Charity Retailers, we found that using Thrift; - Sellers could accurately price items 27x faster - 'Unsold' items were reduced by 55% due to more appropriate pricing. - Sellers increased their average selling price (ASP) by 29%. - 55% increase in the sale of items worth >£30 due to more appropriate pricing. - Seller achieved within 11% of the price shown by THRIFT 95% of the time. Get in touch with the team at Thrift if you are part of the Retail sector looking to explore being more efficient and effective with pricing of the second-hand market.

Industry
Retail
Company size
2-10 employees
Headquarters
Liverpool, Lancashire
Type
Privately Held
Founded
2018
Specialties
marketplace, retail, buying, resale, circular economy, sustainable, eBay, Etsy, Depop, Charity, Charity Retail, Investment, VC, Technology, marketplaces, revenue, revenue generation, and operations

Locations

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Funding

Thrift® 5 total rounds

Last Round

Seed

US$ 19.2K

See more info on crunchbase