When was Trove founded?

Trove was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Where is Trove located?

Trove is headquartered in Brisbane, United States. It is registered at 3775 Bayshore Blvd, Brisbane, CA 94005, United States.

How many employees does Trove have?

As of Mar 31, 2026, the latest employee count at Trove is 166.

Is Trove a funded company?

Trove is a funded company, having raised a total of $150M across 6 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 25, 2015.

When was the latest funding round of Trove?

Trove's latest funding was a $***** Series E round on Aug 10, 2023, with participation from 5 investors.

Where does Trove rank among its competitors?

Trove ranks 3rd amongst 45 active competitors, of which 18 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Archive, which secured $30M in Feb, 2025.

Who are the top competitors of Trove?

Trove's top competitors include Archive, HYLA Mobile and Treet. Among them, Archive secured the most recent funding round in February, 2025.

Trove - 2026 Company Profile, Team, Funding & Competitors

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 45 active competitors, including 18 funded and 6 that have exited. Its top competitors include companies like Archive, HYLA Mobile and Treet.

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

Series E, Aug 10, 2023, $*****

Investors

Accel & 21 more

Ranked

3^rd among 45 active competitors

Employee Count

166 as on Mar 31, 2026

Investment & Acquisitions

reverse.supply & 1 more

Similar Companies

Archive & 40 more

View Trove's full profile

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)	-

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 10, 2023	7916912	Series E	6976746	4661449	9410322	7749327
Aug 25, 2021	5190486	Series D	9845483	4951529	3532963	BMO & 3 more
Sep 25, 2019	6900565	Series B	3558579	9607917	6795069	7530363

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View details of Trove's funding rounds and investors

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:

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. Brook Porter, Adam Werbach, Gabriel Kra, Paul Straub, Mitch Lowe, Victoria Beasley, SHELLEY BRANSTEN, ANDREW RUBEN, Paul Staub, Gary Dillabough, Steve Fink, 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
Brook Porter	Independent board member	-	Current	2y 7m
nnbgbte	Independent board member	-	Current	5y 1m
egvrpfo	Independent board member	-	Current	5y 1m
ssgkdrd	Independent board member	-	Current	3y 9m
mikiv{f	Independent board member	-	Current	6y 9m
lgolgsh	Independent board member	-	Current	7y 9m
{gawcqo	Independent board member	-	Current	8y 8m
eezkqx{	Independent board member	-	Current	8y 3m
dqtottv	Independent board member	-	Current	4y 4m
xzt{qs{	Independent board member	-	Current	3y 8m
fxpgmzp	Independent board member	-	Current	5y 4m
gyletdc	Independent board member	-	Current	2y 8m
grjllpo	Independent board member	-	Current	7y 9m
zapugbv	Independent board member	-	Current	2y 4m

View details of Trove's Founder profiles and Board Members

Trove's employee count trend

Trove has 166 employees as of Mar 26. Here is Trove's employee count trend over the years:

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Top competitors of Trove include Archive, HYLA Mobile and Treet. 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	Archive 2021, San Francisco (United States), Series B	Provider of software suite solutions for recommerce fashion brands	$54M	Lightspeed Venture Partners, Energize Capital ... & 15 others	64/100
2nd	HYLA Mobile 2009, Farmers Branch (United States), Acquired	Provider of tech-enabled mobile device trade-in and recommerce solutions	$148M	Kleiner Perkins, Silver Lake & 6 others	62/100
3rd	Trove 2012, Brisbane (United States), Series E	Recommerce management solutions for fashion companies	$150M	Wellington, G2VP & 20 others	60/100
4th	Treet 2021, San Francisco (United States), Series A	Provider of a peer-to-peer resale marketplace for brands and customers	$18.5M	BAM Ventures, Matchstick Ventures & 8 others	54/100
5th	reverse.supply 2020, Berlin (Germany), Acquired	Provider of re-commerce solution for brands & retailers	$5.5M	Capnamic Ventures, Dutch Founders Fund & 9 others	53/100
6th	Renewal Workshop 2015, Portland (United States), Acquired	Internet first brand of refurbisher and brand of reworked apparels	$12.5M	Rubio impact Ventures, Quadia & 14 others	51/100
7th	Reflaunt 2017, Singapore (Singapore), Series A	Provider of blockchain-based recommerce solutions for enterprises	$19.9M	Bombyx, Ventech China & 25 others	49/100
8th	Recurate 2020, Washington, DC (United States), Acquired	Provider of resale marketplace platform for eCommerce stores	$17.7M	Gradient Ventures, Jump Capital & 10 others	49/100
9th	Arrive 2017, Santa Monica (United States), Series A	Platform offering re-commerce solutions for brands and retailers	$25M	Javelin Venture Partners, Climactic & 12 others	45/100
10th	Rye 2021, New York City (United States), Seed	Provider of recommerce software solutions for e-commerce businesses	$14M	Andreessen Horowitz, L Catterton & 8 others	41/100