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Investment Summary

ThredUp Exits Remix

On December 3, 2024, invested in e-commerce company Remix from ThredUp

Investment Highlights
  • This is transaction in the E-Commerce sector.
  • This is transaction in Bulgaria.

Investment Summary
Date 2024-12-03
Target Remix
Sector E-Commerce
Sellers(s) ThredUp
Deal Type Sold to Management

Target

Remix

Sofia, Bulgaria
Remix is a fashion resale companies, operating in nine markets across Central and Eastern Europe. Remix operational infrastructure with custom single-SKU logistics at its core that can process millions of unique garments efficiently. Remix was founded in 2012 and is based in Sofia, Bulgaria.

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Seller(S) 1

SELLER

ThredUp

Oakland, California, United States
Category Company
Founded 2009
Sector E-Commerce
Employees1,630
Revenue 260M USD (2024)
DESCRIPTION

ThredUp is an online shop to buy and sell like-new women’s and kids’ clothing, and publisher of the Annual Clothing Resale Report. ThredUp was founded in 2009 and is based in Oakland, California.

DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Sold to Management M&A Deals 1 of 1
Country: Bulgaria M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-26 Remix

Sofia, Bulgaria

Remix is a fashion resale companies, operating in nine markets across Central and Eastern Europe. Remix operational infrastructure with custom single-SKU logistics at its core that can process millions of unique garments efficiently. Remix was founded in 2012 and is based in Sofia, Bulgaria.

Buy $29M
Mergr

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