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Threadflip
Vision
Threadflip is pioneering a new social shopping experience by offering women a simple way to convert their closets into a dynamic boutique-like experience, connecting buyers with sellers, and capturing the collaborative energy of shopping with friends. We hope to revolutionize the world of online shopping by providing a new way to discover, buy and sell fashion.
Story
Threadflip was inspired by CEO Manik’s wife Tea, who was having trouble parting ways with a pricey pair of boots that she no longer wore. When he asked her why she kept them, she said because they were beautiful and unique and reminded her of a certain moment in time, and that she would only want to give them up to someone who would appreciate them as much. Existing options like eBay or a consignment store were very impersonal and not easy to use. The boots eventually found a good home with Threadflip co-founder Jeff’s girlfriend Kim, who adores them just as much as Tea does but is actually wearing them. We realized the boots represented the tremendous potential of unused items in the average woman’s closet, and an idea was born. Read more about our story on our blog.
Investors
Threadflip is backed by top-tier angel and venture investment firms. Our seed round is led by First Round Capital and Baseline Ventures, with additional funding from Dave Morin of Slow Ventures, Forerunner Ventures, Greylock Discovery Fund and Andreessen Horowitz Seed Fund. Threadflip is also fortunate to have the support of a wide range of advisors, from successful tech entrepreneurs to high-fashion tastemakers.
How It Works
Threadflip is a social marketplace for buying, selling, and discovering new, unique, and pre-loved fashion. With a few clicks, users can upload images of pieces straight from their closet, and sell clothing, shoes, bags, and jewelry they no longer wear, creating a treasure trove of thousands of new pieces every day.
Threadflip is also launching a special white glove concierge service, which allows women to receive a box to send in their unused and pre-loved items and Threadflip takes care of the rest.
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