Web Analytics

3 Latest Announced Rounds

  • $3,500,000
    Seed

    1 Investors

    Technology, Information and Internet
    Dec 20th, 2024
  • $5,619,170
    Series B

    1 Investors

    Research Services
    Dec 20th, 2024
  • $8,000,000
    Unknown

    5 Investors

    Computer & Network Security
    Dec 20th, 2024
$671.88M Raised in 44 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Revive

start up
United States - New York, New York
  • 31/05/2024
  • Seed
  • $3,500,000

(Re)vive is a leading solution provider addressing the challenges of unstockable and returned inventory for brands. With a proprietary data platform, (Re)vive empowers brands to recover the highest asset value from unstockable inventory while streamlining the supply chain. Headquartered in New York City, (Re)vive is committed to driving sustainability and profitability for brands in the fashion and retail industries. In 2024, (Re)vive became B-Corp certified.


Related People

Allison LeeFounder

Allison Lee United States - New York, New York

Hemster was born with a simple vision in mind -- could we make the perfect fit accessible at every point of sale? We built first-in-market tech platform to power garment services at scale.

Since then, the company has evolved to take on a more complex supply chain challenge that every brand faces: What should we do with slightly damaged returns, store try-ons, minor manufacturing defects?

Currently, the brands only have a few (not ideal) choices: costly recycling - difficult when the materials are not built to be recycled easily; donations - also difficult since donation centers cannot process that much volume; and as the last resort, incineration or destruction of the goods.

Hemster offers Revive as a first-in-line solution. Before recycling or donating, let our AI-powered platform make a decision of whether this small damage is worth cleaning or repairing to be sold. Only when the damage is too much, we will enter the responsible disposition channels.

In 2023, Revive diverted over 30,000 lbs of landfill. In 2024, we are planning to save over 250,000 lbs of garments from premature death. Join us in prioritizing restoration first.