Arrive Recommerce is a technology company.
Arrive Recommerce has raised $25.0M across 3 funding rounds.
Arrive Recommerce has raised $25.0M in total across 3 funding rounds.
Arrive Recommerce has raised $25.0M in total across 3 funding rounds.
Arrive Recommerce's investors include ClimacticVC, Comcast Ventures, Endeavor8, Four Rivers Group, Javelin Venture Partners, Neotribe Ventures, Charlie Songhurst, Kunal Shah, Animo Ventures, Balderton Capital, Banana Capital, Chingona Ventures.
Arrive Recommerce is a Santa Monica-based technology company founded in 2017 that powers branded resale channels for brands and retailers, specializing in "Returns to Recommerce™." It provides Recommerce Management Technology, Storefront Technology, and analytical tools to transform non-new returns, excess inventory, and damaged goods from cost centers into profitable, sustainable revenue streams, driving more sales, customers, and operational efficiency.[1][2] Serving major brands like YETI and Burton Snowboards, Arrive enables off-price online resale of items with signs of use that can't be sold as new, with reported revenue of $7.8 million and 32 employees.[1][2][3] Named the 4th Most Innovative Retail Company by Fast Company in 2022, it has shown growth through partnerships, such as expanding its Burton collaboration for trade-in and buy-used programs in 2023.[1][2]
Arrive Recommerce was founded in 2017 in Santa Monica, California, by co-CEO and co-founder Rachelle Snyder, who brought expertise in scaling recommerce operations.[1][4] The company emerged to address the growing resale market by creating a scalable, branded solution for handling non-new inventory—a persistent challenge for retailers amid rising e-commerce returns.[1][2] Early traction came from proving its model with high-profile partners like YETI and Burton Snowboards, including a 2023 expansion of the Burton partnership to launch "Pass Along" trade-in and buy-used programs ahead of winter season.[1][2] Pivotal support from financial modeling experts like SPRCHRGR helped optimize cash flow, pricing, and GAAP-compliant reporting, enabling confident scaling and new partnerships.[4]
Arrive Recommerce rides the recommerce boom, fueled by e-commerce return rates exceeding 20-30% and consumer demand for sustainable shopping, where resale markets are projected to surpass $350 billion globally by 2027.[1][2] Its timing aligns with post-pandemic shifts toward circular economies, regulatory pressures on waste, and brands seeking to monetize $800+ billion in annual returns rather than liquidate at a loss.[3] Market forces like inventory glut from supply chain disruptions and Gen Z's preference for secondhand (64% more likely to buy resale) favor Arrive, positioning it as a leader in off-price tech that influences retail by normalizing branded recommerce and reducing landfill waste.[1][2][4]
Arrive Recommerce is poised for accelerated growth by deepening partnerships with outdoor and consumer brands amid rising recommerce adoption. Trends like AI-driven inventory pricing, expanded trade-in ecosystems, and stricter ESG mandates will shape its path, potentially boosting revenue beyond $7.8 million through international scaling and enterprise deals.[1][2][4] Its influence may evolve from niche innovator to standard infrastructure for retail returns management, solidifying its role in sustainable profit models and echoing its origins as a resale market pioneer.[1][3]
Arrive Recommerce has raised $25.0M across 3 funding rounds. Most recently, it raised $16.0M Series A in July 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2023 | $16.0M Series A | ClimacticVC, Comcast Ventures, Endeavor8, Four Rivers Group, Javelin Venture Partners, Neotribe Ventures, Charlie Songhurst, Kunal Shah | |
| Apr 1, 2021 | $4.0M Seed | Animo Ventures, Balderton Capital, Banana Capital, Chingona Ventures, Greylock, Vidu Shanmugarajah, Positive Sum VC, Y Combinator, Charlie Songhurst, Rand Hindi, Spencer Kimball | |
| Jul 1, 2020 | $5.0M Seed | Catapult Capital, ClimacticVC, Daffy, Endeavor8, Four Rivers Group, Mayfield, Moonshots Capital, Neotribe Ventures, Science, Sweet Capital, Zeev Capital |