Renewal Workshop - About the company
Renewal Workshop is an acquired company based in Portland (United States), founded in 2015 by Jeff Denby and Nicole Bassett. It operates as an Internet first brand of refurbisher and brand of reworked apparels. Renewal Workshop has raised $12.5M in funding from investors like Rubio impact Ventures, Quadia and SHIFT Invest. The company has 49 active competitors, including 19 funded and 5 that have exited. Its top competitors include companies like Archive, HYLA Mobile and Reflaunt.
Company Details
Renewal Workshop is a brand of reworked apparels. The company has tied up with multiple brands who provide it with garments which have been rejected in their QC process due to manufacturing defects. These items are then reworked by the company and converted into pieces that can be used as ready-to-wear garments. The company claims that each renewed apparel is subjected to their in-house QC tests. It also provides an 'Impact Score' with each garment that highlights its positive impact on the environment. Some of the brands associated with Renewal Workshop include Cirque, Ibex, Mountain Khakis, and more.
- Website
- renewalworkshop.com
- Email ID
- *****@renewalworkshop.com
Key Metrics
Founded Year
2015
Location
Portland, United States
Stage
Acquired
Total Funding
$12.5M in 4 rounds
Latest Funding Round
Investors
Ranked
4th among 49 active competitors
Employee Count
14 as on Sep 30, 2026
Exit Details
Acquired by Bleckmann (Mar 16, 2022)
Renewal Workshop's acquisition details
Renewal Workshop got acquired by Bleckmann on Mar 16, 2022.
Click here to take a look at Renewal Workshop's acquisition in detail
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Renewal Workshop's funding and investors
Renewal Workshop has raised a total funding of $12.5M over 4 rounds. Its first funding round was on Jun 07, 2016. Its latest funding round was a Series A round on Jul 05, 2021 for $*****. 10 investors participated in its latest round. Renewal Workshop has 16 institutional investors.
Here is the list of recent funding rounds of Renewal Workshop:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 05, 2021 | 4133069 | Series A | 4537704 | 5021900 | 1414862 | 2090142 |
Dec 11, 2019 | 9820358 | Series A | 3256551 | 8044363 | 8911042 | |
May 16, 2018 | 4805106 | Series A | 9873501 | 5040711 | 6108409 |
View details of Renewal Workshop's funding rounds and investors
Renewal Workshop's founders and board of directors
Founder? Claim ProfileThe founders of Renewal Workshop are Jeff Denby and Nicole Bassett.
Here are the details of Renewal Workshop's key team members:
- Jeff Denby: Former Co-Founder of Renewal Workshop.
- Nicole Bassett: Former Co-Founder of Renewal Workshop.
View details of Renewal Workshop's Founder profiles and Board Members
Renewal Workshop's employee count trend
Renewal Workshop has 14 employees as of Sep 26. Here is Renewal Workshop's employee count trend over the years:
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Renewal Workshop's Competitors and alternates
Top competitors of Renewal Workshop include Archive, HYLA Mobile and Reflaunt. Here is the list of Top 10 competitors of Renewal Workshop, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Archive 2021, San Francisco (United States), Series B | Provider of software suite solutions for recommerce fashion brands | $54M | 65/100 | |
2nd | HYLA Mobile 2009, Farmers Branch (United States), Acquired | Provider of tech-enabled mobile device trade-in and recommerce solutions | $148M | 58/100 | |
3rd | Provider of blockchain-based recommerce solutions for enterprises | $19.9M | 53/100 | ||
4th | Renewal Workshop 2015, Portland (United States), Acquired | Internet first brand of refurbisher and brand of reworked apparels | $12.5M | 51/100 | |
5th | Recustomer 2021, Tokyo (Japan), Series A | Provider of platform optimizing post-purchase customer experience for e-commerce businesses | $6.28M | 49/100 | |
6th | Rye 2021, New York City (United States), Seed | Provider of recommerce software solutions for e-commerce businesses | $14M | 48/100 | |
7th | Trove 2012, Brisbane (United States), Series E | Recommerce management solutions for fashion companies | $150M | 47/100 | |
8th | Arrive 2017, Santa Monica (United States), Series A | Platform offering re-commerce solutions for brands and retailers | $25M | 43/100 | |
9th | Recurate 2020, Washington, DC (United States), Acquired | Provider of resale marketplace platform for eCommerce stores | $17.7M | 43/100 | |
10th | Treet 2021, San Francisco (United States), Series A | Provider of a peer-to-peer resale marketplace for brands and customers | $18.5M | 42/100 |
Looking for more details on Renewal Workshop's competitors? Click here to see the top ones
Renewal Workshop's Investments and acquisitions
Renewal Workshop has made no investments or acquisitions yet.
Reports related to Renewal Workshop
Here is the latest report on Renewal Workshop's sector:
News related to Renewal Workshop
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Bleckmann acquires The Renewal Workshop and develops a fully circular supply chain propositionPR Newswire•Mar 17, 2022•Bleckmann, Renewal Workshop
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Champion® Athleticwear Makes Important Strides On Champion MADE Sustainability Journey Through Partnership With The Renewal WorkshopTextile Industries Media Group•Sep 01, 2021•Champion, Renewal Workshop
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Casablanca and New Balance set to release fourth collaborationFashionUnited•Aug 20, 2021•Casablanca, New Balance, Renewal Workshop
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The Renewal Workshop Closes $6 Million RoundSGB Media•Jul 05, 2021•Renewal Workshop, Rubio impact Ventures, SHIFT Invest, Quadia and 8 others
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Lenzing, Renewal Workshop, Salvation Army, Waste Management Join Eon Partner Network Data-Exchange To Close Fashion Retail Circular Economy GapTextile Industries Media Group•Dec 15, 2020•Lenzing, Renewal Workshop, EON
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Pottery Barn Launches “Pottery Barn Renewed”Business Wire•Sep 18, 2020•Pottery Barn, Renewal Workshop
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The Renewal Workshop raises €5 million to help fashion brands go circularImpactAlpha•Dec 11, 2019•Renewal Workshop, Social Impact Ventures, SHIFT Invest, Quadia and 7 others
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United States Of America : Buckhill Capital invests in The Renewal Workshop - Apparel News United States Of AmericaFibre2Fashion•Jun 11, 2018•Renewal Workshop, Buckhill Capital, Gratitude Railroad
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