GoodBuy Gear Raises $14M in Funding

GoodBuy Gear

GoodBuy Gear, a Denver, CO-based online resale marketplace for baby and kid gear, raised $14M in funding.

The round was co-led by Interlock Partners and existing investor Revolution Ventures with participation from Crawley Ventures, Mana Ventures, Access Ventures, Relay Ventures and Denver Angels. In conjunction with the funding, Carl Sparks, Managing Partner at Interlock, joined GoodBuy Gear’s board of directors. 

The company intends to use the funds to further scale its online marketplace and solidify its market position. 

Led by CEO and co-founder Kristin Langenfeld, GoodBuy Gear enables parents, brands and retailers to safely and sustainably recirculate quality-used baby & kid products. The company currently offers white glove selling services in Denver, Philadelphia, Washington D.C. New York City and each city’s surrounding metro areas as well as nationwide shopping and shipping. Founded in 2016, GoodBuy Gear has sold over 270,000 secondhand items and has helped more than 12,000 families resell their used items to date. In the first months of 2023, the company expanded to sell pre-owned, quality-inspected car seats and doubled its base of brand and retail partners.

FinSMEs

20/06/2023