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 19 funded and 5 that have exited. Its top competitors include companies like Archive, HYLA Mobile and Reflaunt.
Company Details
Recommerce management solutions for fashion companies
- Website
- trove.com
- Social
- 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
Ranked
6th among 44 active competitors
Employee Count
169 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with Trove
Trove is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Trove Recommerce, Inc CIN: 45-5133674 , United States, Active | Dec 31, 2011 | - | 254 (As on Dec 31, 2023) | - |
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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 23 institutional investors.
Here is the list of recent funding rounds of Trove:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 10, 2023 | 6553245 | Series E | 9443958 | 4202634 | 3758131 | 3863420 |
Aug 25, 2021 | 9263527 | Series D | 7028685 | 5599838 | 6756642 | |
Sep 25, 2019 | 1657510 | Series B | 9368944 | 3639822 | 1311651 | 3136577 |
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Trove's founders and board of directors
Founder? Claim ProfileHere are the details of Trove's key team members:
- Adam Werbach: Co-Founder of Trove and founder of 2 other companies, Trove and Yerdle. They serve on the board of 1 company.Contact Info: 2 email addresses
- Andy Ruben: Co-Founder of Trove. Contact Info: 1 email address
- Terry Boyle: CEO of Trove. Contact Info: 1 email address
Trove's Board of Directors
Trove's board has 14 active members. Adam Werbach, Gabriel Kra, Brook Porter, Mitch Lowe, Victoria Beasley, Paul Straub, SHELLEY BRANSTEN, ANDREW RUBEN, Gary Dillabough, Paul Staub, Steve Fink, Multani Saloni, GAYLE TAIT 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 | 12y 4m | |
wbg{ytx | Independent board member | - | Current | 6y 1m |
pdprqdr | Independent board member | - | Current | 3y 3m |
tysgaby | Independent board member | - | Current | 7y 6m |
mpgbiwz | Independent board member | - | Current | 7y 1m |
iacy{lr | Independent board member | - | Current | 6y 5m |
nhgeee{ | Independent board member | - | Current | 7y 9m |
lyjrrla | Independent board member | - | Current | 1y 9m |
xy{dmth | Independent board member | - | Current | 3y 5m |
tjciikt | Independent board member | - | Current | 2y 7m |
wqzrzuc | Independent board member | - | Current | 6y 3m |
fqwcrst | Independent board member | - | Current | 1y 6m |
sqssfa{ | Independent board member | - | Current | 9y 3m |
mocvdml | Independent board member | - | Current | 3y 8m |
View details of Trove's Founder profiles and Board Members
Trove's employee count trend
Trove has 169 employees as of Aug 26. Here is Trove's employee count trend over the years:
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Trove's Competitors and alternates
Top competitors of Trove include Archive, HYLA Mobile and Reflaunt. Here is the list of Top 10 competitors of Trove, 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 | 62/100 | |
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 |  Trove 2012, Brisbane (United States), Series E | Recommerce management solutions for fashion companies | $150M | 47/100 | |
7th |  Rye 2021, New York City (United States), Seed | Provider of recommerce software solutions for e-commerce businesses | $14M | 47/100 | |
8th |  Recurate 2020, Washington, DC (United States), Acquired | Provider of resale marketplace platform for eCommerce stores | $17.7M | 46/100 | |
9th |  Arrive 2017, Santa Monica (United States), Series A | Platform offering re-commerce solutions for brands and retailers | $25M | 46/100 | |
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 |
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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
Filter this list•
Trove launches new plugin with Db, signalling next phase in circular commerceFashionUnited•Aug 12, 2025•Trove
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Trove Acquires Recurate, Expanding Industry-Leading Resale TechnologyBusiness Wire•Aug 13, 2024•Trove, Recurate, Frank & Eileen, FRYE and 3 others
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Trove Secures $30M Series E Funding Further Expanding Market Leadership Position In Branded Resale and Trade-InHerald Chronicle•Aug 11, 2023•Trove, Prelude Ventures, G2 Venture Partners, Mitsui Fudosan and 4 others
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Trove Expands Branded Resale Operations Across North America Including Canada to Meet Surging DemandSilicon Canals•Jul 21, 2023•Trove
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