The luxury fashion re-sale platform, which counts Virgin among its earlier investors, has pushed its overall funding past the $140m mark.

Tradesy, the US-based online luxury fashion marketplace backed by conglomerate Virgin Group, has secured $67m in a series D round led by family office Foris Ventures, Axios has reported.

Founded in 2009, Tradesy has created an online platform enabling users to buy and sell their luxury fashion items, with a view to eliminating much of the waste endemic to the fashion industry.

The funding will be used to expand the company’s apparel and accessory offerings. The second-hand fashion sector is…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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