Entrupy

Entrupy

Software Development

The first AI-powered luxury goods & sneaker authenticator for resellers, pawn shops, and enterprises.

About us

Entrupy is the only company using artificial intelligence to instantly authenticate luxury handbags and accessories. Our mission is to become the Verisign of physical goods to attack the $1.7 trillion sales of counterfeit goods globally. Entrupy’s authentication service uses patented computer vision algorithms and microscopy to bring trust to transactions of high-value physical goods. Currently in use by hundreds of secondary resellers and marketplaces worldwide, Entrupy provides the only independent, scalable technology capable of objectively authenticating luxury products.

Industry
Software Development
Company size
51-200 employees
Headquarters
New York
Type
Privately Held
Founded
2012
Specialties
Security, Internet of Things, Hardware + Software, Machine Learning, 人工知能, IOT, ディープラーニング, 機械学習, リユース, and Artificial Intelligence

Locations

Employees at Entrupy

Updates

  • View organization page for Entrupy, graphic

    5,995 followers

    To celebrate the launch of this year's State of the Fake, we got together some of our closest friends, including Forbes, CNBC Squawk Box & GQ Magazine. We spent the night testing out Entrupy tech and drooling over the hottest luxury goods. Getting to show someone Entupy for the first time always feels like magic. ✨ Depending on what your business sells or offers, it can be hard to get that magic moment of your own. And if you're working with AI or tech, you might find some resistance to that magic. Here's what we do to encourage genuine, positive connections to our work: 👉 Invite our audience in early and often. We keep an open communication with our audience. Without them, there's no us. 👉 Be an open book. Other than some proprietary tech, we don't have anything to hide. We love answering questions and giving demos. It doesn't matter if someone doesn't understand or even believe in the tech. It's our job to show them how it's done. 👉 Believe in what we're doing 100%. We help protect people's hard-earned money, minimize the damage from counterfeit production on the environment, and encourage sustainable practices. We're AI for good. Make sure you check out the full State of the Fake here: https://lnkd.in/dTzzrsDP #luxuryresale #AI #stateofthefake2024

  • View organization page for Entrupy, graphic

    5,995 followers

    🥁 The results are in. Our most faked brands were Goyard, Prada, CELINE, Hermès and Loewe. And the most faked items from those brands were: 👉 The St. Louis Tote, which resells for an average of $2,400 👉 The Re-edition 2000, which resells for an average of $950 👉The Triomphe Classique, which resells for an average of $1,600 👉The Puzzle Bag, which resells for an average of $1,500 👉 The Birkin, which resells for a whopping $15,000 on average Let that sink in. The State of the Fake breaks down the newest trends in counterfeiting so we can all work together globally to shut the industry down. Read the full State of the Fake so you know what to look out for: https://hubs.la/Q02Vkppv0 #luxuryresale #AI

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  • View organization page for Entrupy, graphic

    5,995 followers

    35% of consumers tried resale for the first time this year—which is up 8% from last year. As the resale market grows, our team is most interested in advancements that you may not expect. Modern Retail broke down a few great examples (Entrupy included) of supplemental industries that are growing along-side the retail market. The most interesting thing about these resale-adjacent businesses? They've never existed before. There was never a need for them. 👉 The resale market hitting unprecedented scale and reach has opened new doors. In our case, we just happened to be a good fit. AI was already our thing—and it can fit with anything. But our AI's ability to not just analyze images but also learn from them makes it an especially good match for authenticating goods. See what other support industries have cropped up alongside the resale market: https://hubs.la/Q02VjWym0 #luxuryresale #AI

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  • View organization page for Entrupy, graphic

    5,995 followers

    ASICS support now LIVE on Entrupy Sneakers! It can be tough keeping up with the latest fashion. For us, it means a dedicated team and countless hours of hard work. To launch our full support of a new style, our team… 👉 Acquires hundreds of authentic and counterfeit product samples 👉 Feeds the images to our AI so it can learn all the defining features of the shoes 👉 Codes a new template and pathway into the app 👉 Troubleshoots & tests for accuracy And many of those steps will happen over & over again so that we can provide the utmost accuracy for our users. #sneakerresale #AI

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  • View organization page for Entrupy, graphic

    5,995 followers

    We all know resale is on the rise. Back in 2023, the luxury market was estimated at $50 billion—and it's only gone up from there. 📈 But with all that business comes ample opportunity for scams. Even mega sites like The RealReal have had their own share of counterfeit controversy. Claire Tassen told Retail Brew that companies & platforms are capitalizing on the trust influencers have built with their audience. Authentication is all about that trust. 🤝 Whether it's a solopreneur hosting a closet sale on IG or the biggest luxury brand, anyone selling something needs that trust and authenticity in their exchange. AI authentication is the best way to get the resale market as close as possible to 100% certainty. ✅ Read the full article here: https://hubs.la/Q02TGc2j0 #luxuryresale #AI

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  • View organization page for Entrupy, graphic

    5,995 followers

    Entrupy's nearly 100% accurate AI authentication is being used by businesses of all sizes around the world 🌏 How do we do it? 👉 We started training our AI 10 years ago and haven't stopped since. 👉 Every authentication done through our tech helps make our algorithm smarter and more accurate. 👉 We also team up with luxury brands to make sure our AI is getting samples of the latest authentic and counterfeit goods. Watch the full video here: https://hubs.la/Q02TrDT20 #luxuryresale #AI

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  • View organization page for Entrupy, graphic

    5,995 followers

    At ShopGoodwill.com's Ecommerce Summit, we toured the Goodwill of Indianapolis' e-commerce warehouse, where we found some Entrupy tech hard at work. 💪 Getting to know our clients is one of our favorite parts of the business. It's an honor to work with so many experts in authentication or resale. When we started Entrupy, we wanted to use AI to make a difference. We love hearing how our tech makes peoples' jobs easier or more enjoyable. Every client success story is that difference. 🏆 Thank you for being part of it. #luxuryresale #AI

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  • View organization page for Entrupy, graphic

    5,995 followers

    Louis Vuitton made up a third of our authentications 👑 There's something about that monogram canvas that keeps you all coming back for more. The Speedy bag was most popular, and a Louis Vuitton bag resells for an average of $1,500. So yeah, you might want to make sure you're getting the real deal before you spend that kind of change. 💸 Get all the details in the full State of the Fake at the 🔗 below: https://hubs.la/Q02SYB4r0 #techforgood #luxuryresellers #stateofthefake

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  • View organization page for Entrupy, graphic

    5,995 followers

    This. just. in. 👉 The 2024 State of the Fake has so much more than insights on global counterfeits. 📍Dive into the data that drives luxury and sneaker resale markets. Check out the most authenticated products of the year. 🔑 Take away the tools you need to grow your resale business. 📰 Fashionista, tap here for the full article: https://hubs.la/Q02RtfB60 📲 2024 State of the Fake is now LIVE: https://hubs.la/Q02RtfTV0 #luxuryresale #AI #stateofthefake2024 #SOTF2024 #techforgood

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Funding

Entrupy 6 total rounds

Last Round

Series A
See more info on crunchbase