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Full-Time

Data Scientist

Marketplace Optimization

Confirmed live in the last 24 hours

ThredUp

ThredUp

501-1,000 employees

Online consignment for secondhand clothing

Consumer Goods

Compensation Overview

$166k - $187kAnnually

+ Restricted Stock Unit Awards + Employee Stock Purchase Plan + Flexible PTO + Paid Sabbatical + Paid Parental Leave

Senior

Oakland, CA, USA

Hybrid work environment: 3 days in the office and 1 day remote each week.

Category
Data Science
Data & Analytics
Required Skills
Data Science
Data Analysis
Requirements
  • 5 or more years of experience in data science, product analytics, machine learning, or software development.
  • Strong cross-functional communication skills to collaborate effectively with business and product leads, advancing projects and fostering new partnerships.
  • An innate curiosity and drive to uncover insights that enhance performance or efficiency—you have a passion for digging deep and seeking the truth.
  • A well-rounded skill set in statistics, machine learning, software development, and project management.
  • Advanced knowledge of relevant tools and technologies, with experience writing code in a collaborative environment.
Responsibilities
  • Implement end-to-end algorithmic solutions to inform product decisions.
  • Utilize econometric methods, including causal inference, to forecast market behaviors and identify opportunities for optimization.
  • Collaborate on pricing and promotional strategies to provide exceptional customer value while driving business impact.
  • Engage in our knowledge-sharing culture by spreading best practices and insights from prior experiences, helping the entire team grow.
  • Enhance our data systems and tools to continuously improve analysis efficiency and data access across the company.
  • Work alongside engineers and data scientists to design, code, and deploy data science and machine learning solutions across the product and business landscape.

thredUP operates an online platform for buying and selling secondhand clothing, shoes, and accessories. Users can sell their gently used items by sending them to thredUP, where the company inspects, photographs, and lists them for sale. Buyers can find a variety of products, including premium brands, often at significant discounts. thredUP generates revenue by taking a commission on each sale and offers a "Clean Out" service that allows sellers to send in items for free, simplifying the process of decluttering. Unlike many competitors, thredUP emphasizes sustainability and affordability, appealing to budget-conscious and eco-friendly shoppers. The company's goal is to make secondhand shopping convenient and accessible, promoting conscious consumerism.

Company Stage

IPO

Total Funding

$226.5M

Headquarters

San Francisco, California

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

1%

2 year growth

13%
Simplify Jobs

Simplify's Take

What believers are saying

  • The introduction of AI tools can significantly enhance user engagement and streamline the shopping experience, potentially boosting sales.
  • ThredUp's diverse product range, including premium brands and 'New With Tags' items, attracts a wide customer base and encourages repeat business.
  • The growing trend of conscious consumerism and the increasing popularity of secondhand shopping, especially among millennials, provide a strong market opportunity.

What critics are saying

  • Economic pressures and low consumer confidence may continue to impact revenue, as seen in recent declines.
  • The competitive landscape, with strong players like Goodwill, eBay, and emerging platforms like Shein Exchange, poses a threat to ThredUp's market share.

What makes ThredUp unique

  • ThredUp's AI-driven shopping tools, including enhanced search and chatbot features, set it apart by improving user experience and product discovery.
  • The company's 'Clean Out' service simplifies the selling process, making it convenient for users to declutter and earn money, unlike traditional thrift stores.
  • ThredUp's focus on sustainable fashion and eco-friendly shopping appeals to environmentally conscious consumers, differentiating it from fast fashion retailers.