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Trove - About the company

Trove is a series E company based in Brisbane (United States), founded in 2012 by Adam Werbach and Andy Ruben. It operates as a Recommerce management solutions for fashion companies. Trove has raised $150M in funding from investors like Accel, Wellington and ArcTern Ventures. The company has 44 active competitors, including 18 funded and 5 that have exited. Its top competitors include companies like Archive, HYLA Mobile and Renewal Workshop.

Company Details

Recommerce management solutions for fashion companies
Website
trove.com
Social
X
Email ID
*****@trove.com
Registered Address
3775 Bayshore Blvd, Brisbane, CA 94005, United States
Key Metrics
Founded Year
2012
Location
Brisbane, United States
Stage
Series E
Total Funding
$150M in 6 rounds
Latest Funding Round
Investors
Ranked
Employee Count
171 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
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Trove's funding and investors

Trove has raised a total funding of $150M over 6 rounds. Its first funding round was on Mar 25, 2015. Its latest funding round was a Series E round on Aug 10, 2023 for $*****. 5 investors participated in its latest round. Trove has 22 institutional investors.

Here is the list of recent funding rounds of Trove:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 10, 2023
5965361
Series E
5284441
3122700
6243722
9192016
Aug 25, 2021
7665199
Series D
2036449
6773849
8646877
Sep 25, 2019
1158343
Series B
7027191
4039299
4833287
1851685
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Trove's founders and board of directors

Founder? Claim Profile
The founders of Trove are Adam Werbach and Andy Ruben. Terry Boyle is the CEO of Trove.
Here are the details of Trove's key team members:

Trove's Board of Directors

Trove's board has 14 active members. Brook Porter, Adam Werbach, Gabriel Kra, Paul Straub, Mitch Lowe, Victoria Beasley, SHELLEY BRANSTEN, ANDREW RUBEN, Paul Staub, Steve Fink, Gary Dillabough, GAYLE TAIT, Multani Saloni and Krista Anderson-Copperman are independent board members.
Here is the list of Trove's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
2y 10m
xiozduj
Independent board member
-
Current
7y 5m
tfyxzal
Independent board member
-
Current
7y 7m
xhgmtpj
Independent board member
-
Current
4y 4m
jvgkrbt
Independent board member
-
Current
5y 1m
tpiamgj
Independent board member
-
Current
5y 7m
xktipej
Independent board member
-
Current
7y 5m
ydkonqa
Independent board member
-
Current
6y 5m
ixnywjc
Independent board member
-
Current
4y 7m
bfxpccx
Independent board member
-
Current
1y 4m
jdcnjer
Independent board member
-
Current
4y 3m
mimnvbh
Independent board member
-
Current
3y 7m
xpsdjcc
Independent board member
-
Current
6y 8m
nypdpsx
Independent board member
-
Current
8y 5m

Trove's employee count trend

Trove has 171 employees as of Jun 26. Here is Trove's employee count trend over the years:
Employee count trend for Trove
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Trove's Competitors and alternates

Top competitors of Trove include Archive, HYLA Mobile and Renewal Workshop. Here is the list of Top 10 competitors of Trove, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Archive
Archive
2021, San Francisco (United States), Series B
Provider of software suite solutions for recommerce fashion brands
$54M
66/100
2nd
Logo for HYLA Mobile
HYLA Mobile
2009, Farmers Branch (United States), Acquired
Provider of tech-enabled mobile device trade-in and recommerce solutions
$148M
62/100
3rd
Logo for Trove
Trove
2012, Brisbane (United States), Series E
Recommerce management solutions for fashion companies
$150M
59/100
4th
Logo for Renewal Workshop
Renewal Workshop
2015, Portland (United States), Acquired
Internet first brand of refurbisher and brand of reworked apparels
$12.5M
51/100
5th
Logo for Recustomer
Recustomer
2021, Tokyo (Japan), Series A
Provider of platform optimizing post-purchase customer experience for e-commerce businesses
$6.28M
49/100
6th
Logo for Reflaunt
Reflaunt
2017, Singapore (Singapore), Series A
Provider of blockchain-based recommerce solutions for enterprises
$19.9M
49/100
7th
Logo for Recurate
Recurate
2020, Washington, DC (United States), Acquired
Provider of resale marketplace platform for eCommerce stores
$17.7M
46/100
8th
Logo for Arrive
Arrive
2017, Santa Monica (United States), Series A
Platform offering re-commerce solutions for brands and retailers
$25M
45/100
9th
Logo for Treet
Treet
2021, San Francisco (United States), Series A
Provider of a peer-to-peer resale marketplace for brands and customers
$18.5M
42/100
10th
Logo for Relove
Relove
2021, Mumbai (India), Seed
A platform offering recommerce management software for fashion businesses
$700K
41/100
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Trove's Investments and acquisitions

Trove has acquired 2 companies including reverse.supply and Recurate. Trove has not made any investments as of now.

Reports related to Trove

Here is the latest report on Trove's sector:

News related to Trove

lockFilter this list
Media has covered Trove for 1 event in last 1 year, It was about company updates.
Trove’s Acquisition of reverse.supplyGlobal Legal ChronicleApr 24, 2025Trove, reverse.supply
Trove’s Acquisition of RecurateGlobal Legal ChronicleSep 04, 2024Recurate, Trove
Trove appoints Terry Boyle as CEOFashion NetworkMay 24, 2024Trove
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