The San Francisco-based company, which sells and buys like-new clothing, intends to raise $25 million for this round, according to the document.
ThredUp did not respond to VentureBeat’s request for comment.
The funding could help ThredUp grab more attention than competitors, which include the better-known Poshmark, Threadflip, and Twice.
Previous investors from Highland Capital Partners, Redpoint Ventures, and Trinity Ventures are named in the filing. So are former Netflix and Clinkle executive Andy Rendich, Greg Bettinelli of Upfront Ventures, and ThredUP co-founder and chief executive James Reinhart.
thredUP.com is a fashion resale website disrupting the secondhand industry by making it easy to buy and sell high quality used clothing online. We help people across the country find their favorite name brands and styles for up to 90% ... read more »
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