Founded in 2012 as a California Benefit Corporation, Yerdle has been called a “sharing economy powerhouse” by Fortune Magazine for its innovative approach to recommerce. Yerdle provides logistics and technology that makes it easy for brands to buy back and resell their items. By taking advantage of resale, brands take control of the growing secondary retail market – increasing profits, deepening customer engagement, and lowering the environmental and social cost of the stuff we buy.
Yerdle began as a used goods marketplace, helping 950,000 members share more than 1.2 million items, from jackets to tents. Today, Yerdle Recommerce is proud to support iconic brands such as Patagonia, REI, and Eileen Fisher in their efforts to develop new business models that deepen customer engagement. In the coming months, we’re excited to grow along with other brands willing to take similar leaps.
Location: United States, California, San Francisco
Employees: 51-200
Total raised: $5M
Investors 7
Funding Rounds 1
Date | Series | Amount | Investors |
23.04.2014 | Series A | $5M | - |
Mentions in press and media 5
Date | Title | Description | Source |
04.11.2015 | Still not monetized, OfferUp raises $90 million | With $2.9 billion in transactions this year, Craigslist-like marketplace remains free-to-use OfferU... | vator.tv/n... |
04.09.2014 | Elon Musk Is Right, Burning Man Is Silicon Valley | Burning man is both an intrinsic part of Silicon Valley and a DJ party in the desert. It’s a place w... | techcrunch... |
23.04.2014 | Yerdle Raises $5M in Series A Funding | Yerdle, a San Francisco, CA-based online store for secondhand items, raised $5m in Series A funding.... | finsmes.co... |
12.02.2014 | Yerdle goes national with battle cry of ‘share, not shop’... | Yerdle, an online store that wants to be the eBay of the sharing economy, is expanding beyond its in... | venturebea... |
20.05.2013 | Collaborative consumption: The new sharing economy | This sponsored post is produced by VLAB. A new economic model is emerging as the millennials are th... | venturebea... |