When was WebThriftStore founded?

WebThriftStore was founded in 2011 and raised its 1st funding round within a year of its incorporation.

Where is WebThriftStore located?

WebThriftStore is headquartered in New York City, United States.

Who is the current CEO of WebThriftStore?

Michael Sher of WebThriftStore.

How many employees does WebThriftStore have?

As of Jul 01, 2024, the latest employee count at WebThriftStore is 11 - 50.

Is WebThriftStore a funded company?

WebThriftStore is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on May 31, 2011.

When was the latest funding round of WebThriftStore?

WebThriftStore's latest funding was a $***** Seed round on May 31, 2011, with participation from 1 investor. Its primary sector is Horizontal E-Commerce. In United States, the Horizontal E-Commerce sector has seen $28.5M in funding in 2026 to date.

Where does WebThriftStore rank among its competitors?

WebThriftStore ranks 435th amongst 1642 active competitors, of which 64 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Grove, which secured $15M in Oct, 2024.

Who are the top competitors of WebThriftStore?

WebThriftStore's top competitors include Zulily, eBay and Staples. Among them, Grove secured the most recent funding round in October, 2024.

WebThriftStore - 2026 Company Profile, Team, Funding & Competitors

WebThriftStore is a seed company based in New York City (United States), founded in 2011 by Michael Sher. It operates as an An online marketplace facilitating charity through commerce. WebThriftStore has raised $25K in funding from Entrepreneurs Roundtable Accelerator. The company has 1642 active competitors, including 64 funded and 49 that have exited. Its top competitors include companies like Zulily, eBay and Staples.

Company Details

WebThriftStore is an online marketplace facilitating charity through commerce. It allows any non-profit (donor) to run an online thrift store without holding inventory and with no financial risk. It helps donor to contribute to favorite charity by selling his excess goods to buyers at a reasonable price. The 80% of revenue goes to charity and rest 20% commission is kept by store. The buyers get bargain because the seller is not seeking profit. The seller can claim tax benefit on the sale done.

Website: www.webthriftstore.com
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Key Metrics

Founded Year

2011

Location

New York City, United States

Stage

Seed

Total Funding

$25K in 1 round

Latest Funding Round

Seed, May 31, 2011, $*****

Investors

Entrepreneurs Roundtable Accelerator & 1 more

Ranked

435^th among 1642 active competitors

Employee Count

11 - 50 as on Jul 01, 2024

Similar Companies

Zulily & 3524 more

View WebThriftStore's full profile

WebThriftStore has raised a total funding of $25K over 1 round. Its latest funding round was a Seed round on May 31, 2011 for $*****. 1 investor participated in its latest round. WebThriftStore has 2 institutional investors.

Here is the list of recent funding rounds of WebThriftStore:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 31, 2011	9569197	Seed	9791381	8011375	8164249	8807828

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View details of WebThriftStore's funding rounds and investors

The founders of WebThriftStore is Michael Sher.

Here are the details of WebThriftStore's key team members:

Michael Sher: Founder & CEO of WebThriftStore.

View details of WebThriftStore's Founder profiles and Board Members

WebThriftStore's employee count trend

WebThriftStore has 11 - 50 employees as of Jul 24. Here is WebThriftStore's employee count trend over the years:

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Top competitors of WebThriftStore include Zulily, eBay and Staples. Here is the list of Top 10 competitors of WebThriftStore, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Zulily 2009, Seattle (United States), Acquired	Online shopping platform using flash sales	$135M	August Capital, Andreessen Horowitz & 5 others	85/100
2nd	eBay 1995, San Jose (United States), Public	Online retailer of electronics, cars, fashion, collectibles, sports, and more	-	Starboard Value, Elliott Management & 8 others	81/100
3rd	Staples 1986, Framingham (United States), Acquired	Online retailer of office supplies, technology, print services, and furniture	-	Four Rivers, Bessemer Venture Partners & 11 others	74/100
4th	Kogan 2006, Melbourne (Australia), Public	Online retailer offering multi-category products	-	-	71/100
5th	FabFitfun 2010, Beverly Hills (United States), Series A	Online retailer offering subscription-based multi-category products	$94.6M	New Enterprise Associates, Kleiner Perkins ... & 27 others	69/100
6th	Groupon 2007, Chicago (United States), Public	Online marketplace offering deals on multi-category products and services	$950M	TCV, Bond Capital & 25 others	69/100
7th	Grove 2012, San Francisco (United States), Public	Online subscription-based platform providing cleaning products and beauty products	$527M	Glynn Capital, Lone Pine Capital & 44 others	68/100
8th	Urban Outfitters 1970, Philadelphia (United States), Public	Online retailer of on-trend clothing, accessories, home decor, and gifts	-	-	67/100
9th	Gilt 2007, New York City (United States), Acqui-Hired	Online shopping platform for fashion products	$284M	SoftBank Capital, General Atlantic & 18 others	65/100
10th	Saks Fifth Avenue 1867, New York City (United States), Acquired	Online retailer of apparel, accessories, beauty products, and home goods	$500M	Insight Partners, Bank of America & 5 others	65/100
435th	WebThriftStore 2011, New York City (United States), Seed	An online marketplace facilitating charity through commerce	$25K	Entrepreneurs Roundtable Accelerator, TJNS Capital	20/100