Archive

Facilitates resale businesses for brands

California, United States

About Archive

Archive operates in the resale industry, focusing on helping global brands create profitable resale businesses. Their main service is 'recommerce', which involves selling used or previously owned goods. Archive partners with brands to establish an omnichannel resale business, allowing them to sell products through various online and offline platforms. This model is designed to grow over time, providing a sustainable revenue stream for clients. Archive's services help brands generate additional income, build customer loyalty, and attract new customers, as resale customers tend to have a higher lifetime value. The resale model also appeals to eco-conscious consumers, as purchasing used items significantly reduces environmental impact. Archive aims to support brands in entering the resale market while promoting sustainability.

None, CaliforniaHeadquarters
2021Year Founded
$22.4MTotal Funding
SERIES_ACompany Stage
Social Impact, Consumer GoodsIndustries
51-200Employees

Benefits

Health / Dental / Vision
Unlimited Vacation Policy
401K Program
Monthly virtual team events
Bi-Annual Company Retreats
Custom Equipment Setup
Paid Parental Leave
Office Space in NY and LA

Risks

Increased competition from platforms like Trove and ThredUp.
Dependence on key partnerships like The North Face poses renewal risks.
Challenges in scaling logistics could lead to operational inefficiencies.

Differentiation

Archive offers bespoke resale programs tailored to each brand's unique needs.
The company integrates with cleantech firms like TERSUS for enhanced textile circularity.
Archive's omnichannel approach allows brands to sell across multiple platforms seamlessly.

Upsides

Archive raised $15 million to expand and accelerate product development.
Partnerships with brands like The North Face enhance Archive's market credibility.
AI-driven pricing algorithms optimize resale pricing, ensuring competitive yet profitable pricing.