(Re)vive, a NYC-based provider of a solution addressing the challenges of unstockable and returned inventory for brands, raised $3.5M in Seed funding.
The round was led by Equal Ventures and existing investor Hustle Fund. Banter Capital, Coalition Operators, Mute VC, and Veronica Chou also participated alongside existing investors Charge VC, Everywhere VC, and Hyphen Capital.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO and Founder Allison Lee, (Re)vive provides a platform that enables brands to address the challenges of unstockable and returned inventory. With a proprietary data platform, it empowers brands to recover asset value from unstockable inventory while streamlining the supply chain.
(Re)vive is committed to driving sustainability and profitability for brands in the fashion and retail industries. In 2024, it became B-Corp certified.
FinSMEs
30/05/2024