Rebag

Rebag

Luxury resale platform for designer items

About

Rebag specializes in the luxury resale market, focusing on designer handbags, accessories, watches, and jewelry. The company uses its proprietary technology, Clair, which employs image recognition to provide instant resale values for over 15,000 styles, making it easy for sellers to receive accurate offers. Rebag differentiates itself by offering a user-friendly platform and a trade-in program that allows customers to exchange items for credit towards future purchases. The goal is to provide a reliable service that helps individuals refresh their luxury collections.

Company Stage

Series E

Employees

51-200

Industries

Data & Analytics, Consumer Goods

Total Funding

$106.3M

Headquarters

New York City, New York

Founded

2014


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Simplify's Take

What believers are saying

  • Growing interest in secondhand luxury due to economic pressures boosts Rebag's market.
  • Rebag's Consignment tool attracts sellers with diverse selling options.
  • Rebag+ program enhances customer retention with flexible credit and exclusive benefits.

What critics are saying

  • Competition from Fashionphile's B2B expansion may pressure Rebag's market share.
  • Social media platforms divert potential customers from Rebag's platform.
  • Inflationary pressures may reduce demand for luxury resale items.

What makes Rebag unique

  • Rebag uses Clair technology for instant luxury item appraisals.
  • Rebag+ membership offers unique benefits like flexible credit and monthly bonuses.
  • Rebag's partnership with thredUP expands its resale offerings beyond luxury items.

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Growth & Insights
Headcount

6 month growth

5%

1 year growth

-4%

2 year growth

21%

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