What Trove does

Trove is a B2B SaaS platform that enables retail brands and third-party logistics providers to launch and scale resale, trade-in, and returns management programs. Founded around 2012–2015 and headquartered in Brisbane, California, Trove sells primarily to enterprise fashion, luxury, and lifestyle brands in North America, the UK, and Europe; named customers include Patagonia, Levi's, Canada Goose, Diane von Furstenberg, Calvin Klein, Michael Kors, Brooks, Eileen Fisher, Db, and Bergzeit. The company has processed more than 7 million resale items and claims to have avoided more than 5 million kilograms of CO2e through circular commerce.

The platform is built around four product surfaces: Trove RMS (an AI-powered returns management system claiming up to 40% labor-cost reduction and 60–80% margin recovery on aged and imperfect items), Resale & Trade-In (configurable brand resale programs), Recommerce Operations (a warehouse management system that can run in the customer's warehouse or in Trove's facilities), and Digital & In-Store Trade-In (gift-card-driven consumer trade-in flows). Underlying capabilities include computer vision for inventory grading and data enrichment, AI-powered dynamic pricing, programmatic routing of each item to the optimal disposition channel, and AI-guided workflows that prioritize high-value work.

Trove monetizes via enterprise SaaS licensing with configurable modules for resale, returns, and recommerce operations; pricing is quote-based and demo-driven rather than publicly published. The company is a Certified B Corporation and holds an annual AICPA SOC 2 Type II certification. In April 2025, Trove acquired reverse.supply to strengthen its position in the UK and EU resale markets. The company has raised approximately $36.6M in disclosed funding across four rounds, most recently a $20M round in September 2019 led by Three Cairns Group.

Name

Trove

Legal name

Trove

Website

https://yerdle.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

Trove is a B2B SaaS platform that enables retail brands and 3PLs to launch resale, trade-in, and AI-powered returns management programs across North America, the UK, and Europe, serving customers such as Patagonia, Levi's, Canada Goose, and Calvin Klein.

Ownership category

akta.pro rank

Product category

Returns Management & Resale Software

NAICS

Used Merchandise Retailers (459510)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Managed Consignment & Authentication-led Resale (CRAFAGAN)

Keywords

• Returns management software
• Brand resale platform
• Recommerce operations
• Circular commerce software
• Trade-in solutions

Headquarters

HQ city

Brisbane

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Platform Licensing/Subscription: SaaS platform providing returns management and resale software to retail brands and 3PLs. Revenue derived from software licensing and platform fees, with configurable modules for resale, returns management, and recommerce operations.

Distribution channels1 record

Marketing channels5 records

Core offering

Trove provides AI-powered software for returns management and brand resale, enabling retail brands and 3PLs to process returned and excess inventory more profitably. Its core products include Trove RMS (returns management software), modular Resale & Trade-In solutions, Recommerce Operations via the Trove Recommerce WMS, and Digital & In-Store Trade-In programs with instantly shoppable gift cards, all deployed in customer or Trove warehouses across North America, the UK, and Europe.

Product overview

Trove offers a unified platform-plus-modules architecture for returns management and resale commerce. The core offering consists of Trove RMS (returns management software with AI-powered optimization) and Resale & Trade-In solutions, supplemented by Recommerce Operations (warehouse management system) and Digital & In-Store Trade-In modules. These products work together to deliver operational cost savings, higher margin recovery, and AI-powered inventory insights for retail brands and 3PLs, with over 7 million resale items processed and 10+ years of experience powering circular commerce.

Differentiator

Problem solved

Functional benefit

Products and services

• Trove RMS Next-generation AI-powered returns management software for retail brands and 3PLs that modernizes returns processes, delivers up to 40% reduction in labor costs, and boosts margin 60-80% on aged and imperfect items.
• Resale & Trade-In
• Recommerce Operations (Trove Recommerce WMS)
• Digital & In-Store Trade-In

Quantifiable outcome

• Up to 40% reduction in labor costs
• +3 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature7 records

Partnerships

One partnership is on record.

• reverse.supplycoreStrategic or Co-development Partner · 1 April 2025Trove acquired reverse.supply to expand EU and UK market leadership. This acquisition strengthens Trove's position as a leader in the European resale and circular commerce space, extending capabilities and market presence across the UK and EU regions.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Archive: Resale technology platform that powers branded recommerce storefronts for retailers, overlapping directly with Trove's brand resale and trade-in modules.
• Reflaunt: Provides resale-as-a-service technology that lets fashion brands launch branded secondhand channels, competing head-to-head with Trove's Resale & Trade-In product.
• Optoro: Returns and reverse-logistics optimization platform for retailers and brands; competes with Trove RMS on AI-driven returns disposition and routing.
• ThredUp: Operates a large consumer resale marketplace plus a managed resale-as-a-service platform for brands, directly competing with Trove's brand resale and trade-in offering.
• Recurate: Peer-to-peer and brand-managed resale platform for apparel and lifestyle brands, serving the same brand-side buyers as Trove's resale solutions.

Broad incumbents

• Returnly (Affirm): Returns and exchange experience platform acquired by Affirm, competing in branded returns management alongside Trove RMS.
• Happy Returns (UPS): Returns management platform with box-free returns and a national Return Bars network, now part of UPS; competes in the broader returns and reverse-logistics space Trove addresses.

Emerging players

• Eon: Circular commerce platform that provides product digital IDs and resale/recirculation infrastructure for retailers, adjacent to Trove's brand resale and recommerce stack.
• The Renewal Workshop: Provides circular apparel services—repair, cleaning, and resale—for fashion brands, overlapping with Trove's recommerce operations and brand resale offerings.
• Loop Returns: Returns management and exchange platform for ecommerce brands, competing with Trove RMS in the returns workflow and disposition layer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/yerdle

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trove