
Trenbe
AI-powered global marketplace for authenticated luxury goods.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
investor investor investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
* | N/A | Series E | |
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 137 % | 23 % | 158 % | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Trenbe is a global fashion-tech company that operates an online marketplace for both new and pre-owned luxury goods. Founded in 2016 by Kyung Hoon (Brad) Park, the company originated in the UK with a group of Oxford students aiming to resolve information gaps and geographical hurdles in the luxury market. Park, a developer with experience creating a real-time sports data platform, applied his technical expertise to build an AI-powered search engine, 'Trenbot', to scan global retailers and find the lowest prices on luxury items.
The platform serves a global clientele, with a strong base in South Korea and recent expansion into the U.S. market. Trenbe's business model encompasses direct sales of new products, a consumer-to-business (C2B) auction service, and a consignment service for secondhand items. Revenue is generated through sales margins and commissions on secondhand transactions. A key feature is its large-scale Authentication Center in Asia, which combines expert appraisers with proprietary AI vision technology to verify the authenticity of all items, including a C2B-to-C model where products undergo authenticity tests before being sold. The company has also developed 'AI Chloe,' a tool that provides second-hand market price estimates in seconds, and sourcing centers to facilitate the buying and selling of used luxury goods.
Having raised significant funding through multiple rounds, including a Series E in June 2024, Trenbe has focused on expanding its secondhand business and global presence. The company operates logistical centers in several countries, including the U.S., U.K., and Japan, to support its international operations. After a period of restructuring, Trenbe achieved monthly profitability in early 2025, driven by growth in its used goods and global segments.
Keywords: luxury goods marketplace, fashion technology, pre-owned luxury, AI price comparison, luxury authentication, online retail, secondhand fashion, C2B auction, consignment service, global e-commerce, Kyung Hoon Park, Trenbot, AI Chloe, luxury resale, authenticated goods, designer fashion, cross-border shopping, fashion-tech startup, Seoul, sustainable fashion