Thrift+

Thrift+

Retail

South Bank, England 5,552 followers

The pre-loved fashion marketplace making secondhand seamless. We’re Thrift+. We love pre-loved.

About us

Thrift+ is the pre-loved fashion marketplace. We want to end fashion waste. By making secondhand seamless. Shop over 500,000 clothes from top high street and designer brands. All quality checked by us. All packaged and shipped by us. Moneyback guarantees and 30 day returns? Another plus. Recirculate your pre-owned clothes and earn Thrift+ Credits. We take care of the listing, packing and shipping. We’re Thrift+. We love pre-loved.

Website
http://www.thrift.plus
Industry
Retail
Company size
51-200 employees
Headquarters
South Bank, England
Type
Privately Held
Founded
2017
Specialties
Charity Retail, Second-Hand Clothes, Circular Economy, and Fashion

Locations

Employees at Thrift+

Updates

  • View organization page for Thrift+, graphic

    5,552 followers

     **** Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. **** The countdown is on ⏰ Our crowdfunding campaign closes in just a couple of days. So we wanted to share a little bit more about what’s in store beyond this round 🔮 ⏪ But first, a look back From starting as just an idea at Joe's kitchen table back in 2017, Thrift+ has grown at a rapid pace:  👚 £1M+ items (worth £12 million) sold  👖 175,000+ wardrobe clearouts 💛 £2M+ raised for charity For the last 7 years we've been trialling and testing the economics of resale. We've finally cracked it. ⏩ What's to come We've got big plans and the right team at the ready. We know exactly how to scale. Over the next 12-18 months we plan to: ⭐ Increase the capacity of our warehouse by up to 4x ⭐ Introduce computer vision on our photography booths to speed up listings ⭐ Install an 'Autostore' in our warehouse for automated inventory storage Everything is in place to scale. Now we just need you. Invest now and to be a part of our future. ⏬ ⏬ ⏬ https://lnkd.in/eu7XwiwD ⏫ ⏫ ⏫ **** Prepared by and approved by Seedrs Ltd

    Thrift+

    Thrift+

    seedrs.com

  • View organization page for Thrift+, graphic

    5,552 followers

    **** Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong **** Ring, ring. We’re calling you, to be a part of our future. Our crowdfunding is officially live. Join our mission to end fashion waste. Now is the time to invest. Pre-loved is the centre of attention. Its time has arrived. And don’t just take it from us: ⭐ Resale grew 15X faster than the broader retail clothing sector in 2023 ⭐ 2 in 5 clothes bought in 2023 were preloved ⭐ The global pre-loved apparel market is set to reach  $350 billion by 2028* Now is the time to scale resale. By investing you’ll be supercharging our mission towards circularity. https://lnkd.in/eu7XwiwD *Resale report 2024, ThredUp. Prepared by and approved by Seedrs Ltd.

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  • View organization page for Thrift+, graphic

    5,552 followers

    **** Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. **** We want to say a HUGE thank you to our amazing Thrift+ community. We're blown away by the response to our crowdfund - with 1,000+ members of our community signing up for early access and pledging over £500,000. Let's go! Haven’t secured early access yet? There’s still time to claim your spot and become a shareholder. Following on from the success of our first campaign back in December 2022, we have gone above and beyond:  ✅ Upgraded our tech  ✅ Scaled our partnerships  ✅ Launched our new brand We’ve helped clear out 175,000 wardrobes and we power the take-back services of major brands such as Gymshark, LK Bennett & Monsoon. In 2023, we achieved £4.8m GMV, resulting in nearly £3.0m revenue (+36%) and we listed 44,000 items in March 2024 (+67% vs 2023). But we’re only just getting started. We’re aiming to unlock the 16 billion items of unworn clothes hanging in UK wardrobes and get them back into circulation. Plus, the global secondhand apparel market set to reach $350 billion by 2028. Now is the time to invest and join our mission to end fashion waste. There are a limited number of shares available in this round. Avoid missing out by gaining early access. Pre-registering here: https://lnkd.in/ezwRGRJe 🔑 **** Prepared by and approved by Seedrs Ltd Sources: Wrap (2022), ThredUp (2024)

    Thrift+

    Thrift+

    seedrs.com

  • View organization page for Thrift+, graphic

    5,552 followers

    Love what we’re doing? Own shares in our future. Become part of our mission to end fashion waste. We’re on the right track… 👕 175,000 wardrobe clearouts 👖 1m+ items resold 💛 £2m+ raised for charity And it’s paid off. In 2023, we achieved £4.8m GMV, resulting in nearly £3.0m revenue (+36%). We’ve cracked re-sale, now it’s time to scale. In 2023 online resale saw accelerated growth at 23% year-on-year and the global secondhand apparel market is set to reach $350 billion by 2028*. By investing in Thrift+ you’ll be part of creating a brighter future for fashion. There are a limited number of shares available in this round. Avoid missing out. Get early access by pre-registering here 👇 👇 👇 https://lnkd.in/ezwRGRJe Prepared by and approved by Seedrs Ltd *Resale report 2024, ThredUp.

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  • View organization page for Thrift+, graphic

    5,552 followers

    **** Don’t invest unless you’re prepared to lose all the money you invest. This is a high risk investment and you are unlikely to be protected if something goes wrong **** 📣 We're crowd funding 📣 So far, we’ve helped clear out 175,000 wardrobes, resold over 1 million items, and our sellers have raised over £2 million for charity. We've cracked resale and we're now ready to scale. Join our mission to end fashion waste. Get early access by pre-registering here: https://lnkd.in/ezwRGRJe 🔑

    View profile for Joe Metcalfe, graphic

    Solving fashion resale at scale | 1 million items sold | Founder & CEO @ Thrift+

    In December 2022, we ran our first ever #crowdfund and were delighted to welcome over 200 new shareholders to Thrift+ who helped us to raise a total of £1.9m. With those funds we committed to: ✅ Upgrading our tech  ✅ Scaling our partnerships ✅ Launching our new brand We have done all three. And our efforts have paid off. In 2023, we achieved £4.8m GMV, resulting in nearly £3.0m revenue (+36%) 🚀 We’ve now helped to clear out 175,000 wardrobes, resold over 1 million items, and our sellers have raised over £2 million for charity. But we are still just getting started. There is so much more to do on our mission to end fashion waste. After cracking the economics of resale, we are ready to scale. So our focus is now on creating an exceptional experience for our sellers. Earlier this month, we launched our most requested feature ever: our sellers can now choose to earn 💸 real cash 💸 instead of credits. This has had an immediate impact and we are seeing exciting growth as a result. The funds from our second Seedrs campaign will allow us to: ➡️ improve the experience for our sellers ➡️ optimise the algorithms that drive our pricing logic ➡️ achieve more efficient item processing and better quality listings We’d love for you to join us. To get early access to invest in Thrift+, pre-register here: 👇👇👇 https://lnkd.in/ebhSQg65 ☝️☝️☝️ *** Don’t invest unless you’re prepared to lose all the money you invest. This is a high risk investment and you are unlikely to be protected if something goes wrong. *** This financial promotion has been prepared by and approved by Seedrs Ltd.

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  • View organization page for Thrift+, graphic

    5,552 followers

    Spreading the love of pre-loved is what we're all about. So, we're very excited to announce our latest partnership with White Stuff 💛 Together, we'll be bringing more people a seamless way to give their clothes a new life (and one step closer to a world without fashion waste!). Plus, checkout the new White Stuff Pre-loved Store where we're powering a hassle-free way to shop White Stuff secondhand: https://lnkd.in/gZzP2XpK #preloved #circularity #secondhand

    View organization page for White Stuff, graphic

    37,179 followers

    We're very excited to be working with Thrift+ as our official re-selling partner 🎉 They make rehoming your old clothes a whole lot easier, while helping to reduce fashion waste. Place an order online or in our shops this week and we'll give you a free bag to get started. Find out more here: https://lnkd.in/eZAmV7Te

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Funding

Thrift+ 2 total rounds

Last Round

Seed

US$ 1.2M

See more info on crunchbase