Global segment ranking · Commerce & consumer › E-commerce

The world’s most valuable second-hand startups

Edition 0 (beta)·Published 3 Oct 2026·Next scheduled update 23 Jan 2027

Second-hand and resale marketplaces (peer-to-peer, fashion, luxury, sneakers, collectibles, vintage) and resale technology for brands. Ranked worldwide by AI-estimated valuation. The market sets the value; our AI estimates it.

Twice a year Claude · multi-AI consensus in a future edition· Method· Order never changed by a human

Declare an interest in Second-hand

Key metrics for this segment: revenue / gmv, users / customers. Figures as published by each company or the press, dated, not recalculated. The AIs weigh them alongside funding history and comparables.

Not in this segment. Refurbished electronics have their own segment (Back Market); used cars belong to Mobility; live shopping (Whatnot) to General marketplaces. Chinese platforms are never ranked. Not eligible because entirely bought or created by their group: Depop (eBay, 2026), Poshmark and Wallapop (Naver), Kream (created by Naver), Grailed (GOAT), Repassa (Renner), Collectors (taken private in 2021), Leboncoin (created by Schibsted, now Adevinta). Listed companies serve as benchmarks below. A company appears in one segment only. Method

The segment at a glance

15companies ranked

18companies on the radar

6countries in the ranking

7listed benchmarks

Sources: Vinted, The Next Web, Seoul Economic Daily, TechNode Global, Fashion Network, PR Newswire, Fortune, BusinessWire, TechCrunch, Tech.eu, The Fashion Law, company announcements. Intention counters will be shown above a threshold of amount and number of Backers.

Rankings by region

Filter the ranking and the Radar. Ranks stay worldwide. Regional pages: North America · Europe.

Global ranking · Second-hand

Top 15 Radar Challengers

First edition: no movements yet.

World · 15 ranked companies

#	Company	Last round · Key metrics	Estimated valuation (AI) · range	Confidence
1	VintedLithuania · EuropeSources: 1 · 2	Secondary share sale · EUR 880M (secondary sale) · Apr 2026Revenue / GMV EUR 1.1bn; net profit EUR 62M; GMV EUR 10.8bn (+47%) (FY2025) · more than 100M registered users (2026)	Last known equity round: Secondary share sale · EUR 880M (secondary sale) · Apr 2026 (EQT, Teachers' Venture Growth, Schroders Capital; BlackRock funds, Baillie Gifford) Published valuation: EUR 8bn (secondary sale) (Apr 2026) Confidence index: HighMethod	Solid sources
2	Danggeun (Karrot)South Korea · Asia-PacificSources: 1 · 2	Series D · USD 162M · Aug 2021Revenue / GMV KRW 270.7bn (+43%); operating profit KRW 14.6bn (FY2025) · 190M second-hand transactions in 2025 (2025)	Last known equity round: Series D · USD 162M · Aug 2021 (DST Global) Published valuation: USD 2.7bn (Aug 2021) Confidence index: MediumMethod	Partial sources
3	CarousellSingapore · Asia-PacificSources: 1 · 2	Growth round · USD 100M · Sep 2021Revenue / GMV USD 141M (+18%), EBITDA positive (FY2025) · tens of millions of users (2026)	Last known equity round: Growth round · USD 100M · Sep 2021 (STIC Investments) Published valuation: USD 1.1bn (Sep 2021) Confidence index: MediumMethod	Partial sources
4	Vestiaire CollectiveFrance · EuropeSources: 1 · 2	Growth round · USD 209M · Sep 2021Revenue / GMV about EUR 200M; GMV just under EUR 1bn; first annual profit targeted for 2026 · Users / customers: n/d · FY2025	Last known equity round: Growth round · USD 209M · Sep 2021 (SoftBank Vision Fund 2, Generation IM) Published valuation: EUR 1.1bn (2024 crowdfunding) (Jan 2024) Confidence index: MediumMethod	Partial sources
5	GOAT GroupUnited States · North AmericaSources: 1 · 2	Series F · USD 195M · Jun 2021Revenue / GMV GMV USD 2bn (12 months to Jun 2021) · 30M members · 2021	Last known equity round: Series F · USD 195M · Jun 2021 (Park West, T. Rowe Price, Franklin Templeton) Published valuation: USD 3.7bn (Jun 2021) Confidence index: MediumMethod	Partial sources
6	StockXUnited States · North AmericaSources: 1 · 2	Series E-1 · USD 60M · Apr 2021Revenue / GMV above USD 400M; GMV USD 1.8bn · Users / customers: n/d · FY2020	Last known equity round: Series E-1 · USD 60M · Apr 2021 (Altimeter Capital, Dragoneer) Published valuation: USD 3.8bn (Apr 2021) Confidence index: MediumMethod	Partial sources
7	AltUnited States · North AmericaSources: 1	Series B · USD 75M · Nov 2021Key metrics not disclosed	Last known equity round: Series B · USD 75M · Nov 2021 (Spearhead, Seven Seven Six) Published valuation: over USD 325M (Nov 2021) Confidence index: MediumMethod	Partial sources
8	SelencyFrance · EuropeSources: 1	Series C · EUR 35M · Apr 2022Revenue / GMV: n/d · 2.5M monthly visitors · 2022	Last known equity round: Series C · EUR 35M · Apr 2022 (Creadev; Accel, OLX) No confirmed published valuation Confidence index: LowMethod	Weak sources
9	RebagUnited States · North AmericaSources: 1	Series E · USD 33M · Dec 2021Key metrics not disclosed	Last known equity round: Series E · USD 33M · Dec 2021 (Novator, General Catalyst) No confirmed published valuation Confidence index: LowMethod	Weak sources
10	ArchiveUnited States · North AmericaSources: 1	Series B · USD 30M · Feb 2025Revenue / GMV: n/d · 50+ brands in 10 countries · Feb 2025	Last known equity round: Series B · USD 30M · Feb 2025 (Energize Capital; Lightspeed, Bain Capital Ventures) No confirmed published valuation Confidence index: HighMethod	Solid sources
11	CourtyardUnited States · North AmericaSources: 1	Series A · USD 30M · Jul 2025Revenue / GMV USD 50M of sales a month (GMV) · Users / customers: n/d · Jul 2025	Last known equity round: Series A · USD 30M · Jul 2025 (Forerunner Ventures; NEA) No confirmed published valuation Confidence index: LowMethod	Weak sources
12	TroveUnited States · North AmericaSources: 1 · 2	Series E · USD 30M · Aug 2023Revenue / GMV: n/d · brands incl. Canada Goose, Lululemon, Patagonia · 2025	Last known equity round: Series E · USD 30M · Aug 2023 (Wellington Management, ArcTern Ventures) No confirmed published valuation Confidence index: MediumMethod	Partial sources
13	BunjangSouth Korea · Asia-PacificSources: 1 · 2 · 3	Series E · KRW 40bn · Jul 2024Revenue / GMV KRW 44.9bn; operating loss KRW 19.6bn · Users / customers: n/d · FY2024	Last known equity round: Series E · KRW 40bn · Jul 2024 (Hana Alternative Investment; Praxis Capital Partners (largest shareholder, 44%)) Published valuation: KRW 500bn (Series E) (Jul 2024) Confidence index: MediumMethod	Partial sources
14	TiltUnited Kingdom · EuropeSources: 1	Series B · GBP 20M (about USD 26M) · Jun 2026Revenue / GMV GMV up 8x since 2024 · Users / customers: n/d · 2026	Last known equity round: Series B · GBP 20M (about USD 26M) · Jun 2026 (TQ Ventures, Vinted Ventures, Balderton) No confirmed published valuation Confidence index: HighMethod	Solid sources
15	FleekUnited Kingdom · EuropeSources: 1 · 2	Series B · USD 25M · Jul 2026Revenue / GMV: n/d · about 2,000 suppliers and 50,000+ retailers · 2026	Last known equity round: Series B · USD 25M · Jul 2026 (Burda Principal Investments; eBay, a16z) No confirmed published valuation Confidence index: HighMethod	Solid sources

Ranking in descending order of AI-estimated valuation, based on public information, with no human intervention on the order. The valuations, ranges and brackets shown are editorial estimates produced by AI, purely indicative and imperfect by nature: neither a financial valuation, nor an offer, nor investment advice. Only the market sets a company’s value, through a funding round or a sale. Edition 0: produced by Claude (Anthropic); a consensus of several AI models will apply in a future edition. Eligibility: at least $1M raised including one equity round, non-listed company, main activity in this segment (second-hand and resale marketplaces and resale technology). Country shown is the country of main operations. Request a correction

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How to read this ranking

Rank

Companies are ranked by AI-estimated valuation, highest first. The market sets the value; our AI estimates it.

Estimate

An AI-estimated valuation, its uncertainty range and its order of magnitude. Indicative, and imperfect by nature.

Hundreds of k$
Millions $
Tens of M$
Hundreds of M$
Unicorn
Decacorn
Hectocorn

Confidence

High: recent published valuation or round (under 24 months).
Medium: older data.
Low: single or unconfirmed source.

Full method →

Invest in second-hand, together

Uback aggregates investment intentions from business angels, family offices, corporates and sector specialists worldwide. Every ranked company already has professional investors on its cap table, who have negotiated a shareholders’ agreement: you don’t start from a blank page.

Strength in numbers

Alone, a small ticket opens no doors. Together, Backers carry weight.

Declare an interest

In this segment, with a ticket range, and if you wish a preferred company in it. Paid, to show you are serious; valid for life, and movable to another pool until its pool is passed to the partner.

Critical mass is reached

When the pool’s combined amount reaches its critical mass, a floor amount estimated by the AI, the pool is passed to the local partner, who presents this demand to the company.

The local partner structures

If the company’s expectations and the Backers’ converge, the partner builds a transaction and presents it directly to the Backers concerned.

Closing

Capital raise or sale of existing shares: small tickets are pooled in a common vehicle set up by the local partner. Each Backer decides whether to take part.

Uback does not advise, does not negotiate, collects nothing. Each transaction is run by the local partner of the company’s country, under the law that governs its shares.

Get notified when intentions open What happens after my declaration? Intention declarations open once the local partner signs · price per ticket band · valid for life · movable until the pool is passed on

Challengers

A registered company raising funds that is not in the ranking will be able, for a fee, to appear in a separate list labelled “Challengers”, for a set period, with a memo available to verified Backers. The listing has no effect on the ranking. Not open yet.

Sponsored space · no Challenger listed yet

Radar · known eligible companies, not ranked

Sorted by date of last round, with no judgement and no AI call.

Sellpy · Sweden · EuropeMar 2026 · SEK 65M
Minimist · Austria · EuropeMar 2026 · EUR 1M
Croissant · United States · North AmericaFeb 2026 · USD 14M
Yaga · Estonia · EuropeOct 2025 · EUR 4M
SECONDSENSE · United States · North AmericaOct 2025 · USD 2M
Charan · South Korea · Asia-PacificSep 2025 · USD 12.1M
PopChill · Taiwan · Asia-PacificSep 2025 · USD 3M
ECOMMIT · Japan · Asia-PacificSep 2025
Brandback · Germany · EuropeJun 2025 · USD 7.4M
Vestuá · Chile · Latin AmericaMay 2025 · USD 2.1M
Faume · France · EuropeApr 2025 · EUR 8M
Bought · Finland · EuropeMar 2025 · USD 1.5M
Speeral · France · EuropeFeb 2025 · EUR 1.7M
Treet · United States · North AmericaMar 2024 · USD 10M
SNKRDUNK · Japan · Asia-PacificDec 2023
Beebs · France · EuropeOct 2022 · EUR 6M
GoTrendier · Mexico · Latin AmericaOct 2022 · USD 5M
Reflaunt · United Kingdom · EuropeAug 2022 · USD 11M

Listed benchmarks

Not ranked: no intention is possible on a listed company.

eBay (owns Depop) · United StatesNasdaq · EBAY
Mercari · JapanTokyo · 4385
The RealReal · United StatesNasdaq · REAL
ThredUp · United StatesNasdaq · TDUP
Etsy · United StatesNYSE · ETSY
Naver (Poshmark, Wallapop, Kream) · South KoreaKRX · 035420
Enjoei · BrazilB3 · ENJU3

Sources and method for this segment

Calendar. Global segment rankings are published twice a year. Next edition: January 23, 2027.

Eligibility. At least $1M raised including one equity round, non-listed company, main activity in this segment (second-hand and resale marketplaces and resale technology). A company appears in one segment only.

Sources. Vinted, The Next Web, Seoul Economic Daily, TechNode Global, Fashion Network, PR Newswire, Fortune, BusinessWire, TechCrunch, Tech.eu, The Fashion Law, company announcements.

Method and rules, common to all rankings →