Archive has raised $30 million in a Series B funding round led by Energize Capital, with participation from Lightspeed Venture Partners, G9 Ventures, and Bain Capital. The company, co-founded by Emily Gittins and Ryan Rowe, offers software for fashion brands to create tailored resale platforms. Archive plans to use the funding to enhance its resale software and drive product innovation, capitalizing on the growing second-hand market, projected to reach $73 billion in the U.S. by 2028.

Archive has filed a notice of an exempt offering of securities to raise $15,000,000.00 in New Equity Investment. Archive has filed a notice of an exempt offering of securities to raise $15,000,000.00 in New Equity Investment.According to filings with the U.S. Securities and Exchange Commission, Archive is raising $15,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Emily Gittins played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.About ArchiveArchive is building an operating system for resale that delivers both a customized, high-end online secondhand marketplace site and the underlying infrastructure and operations to plug into all of the other facets of a brands global resale strategy.To learn more about Archive, visit http://www.archiveresale.co/Contact:Emily Gittins, Chief Executive Officer310-737-8132https://www.linkedin.com/in/emily-gittins/SOURCE: http://www.intelligence360.ioCopyright (c) 2022 SI360 Inc. All rights reserved