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In 2009, long before the “resale market” had picked up steam, thredUP incorporated. Now, 10 years later, they’ve raised over $300m in funding, including a new $175m round announced in August. They also introduced a new platform powering apparel resale for retailers and brands.
Beauty YouTube hit 168 billion views in 2018—nearly double the previous year’s—and investors pumped $303m into beauty tech startups in early 2018. Now, beauty businesses are investing in tech that lowers the barrier to online skincare purchases.
Your future summers may include far fewer wedding invites, and it won’t be because you’re less popular. The wedding industry, long overdue for disruption, is trending smaller and more affordable as millennials rethink costs and strict traditions that were once considered mandatory.