Finding a buyer for unsold stock
Brands need to clear excess inventory while controlling where their goods end up. The marketplace matches items with wholesale buyers and gives retailers access to verified stock. Sellers can prioritize speed, margin or distribution control.
Growing the trading network
Transition Ventures, 42CAP and 10x Founders co-led the €7.3 million round. The new capital will develop the platform and expand its global network. At the announcement, the company reported that more than €15 billion of inventory had been offered since launch.
Where the funding goes
- Trading-platform development
- International buyer and seller network expansion