What are the most valued startups in the resale market?

Last updated: 9 June 2026

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The resale market has become one of the largest startup categories in commerce, with major outcomes across used cars, fashion, electronics, luxury goods, furniture, and local classifieds.

We update this list every month so readers can track how resale startup valuations evolve over time.

This ranking combines public market caps, announced private valuations, acquisition values, and carefully estimated valuation ranges when direct data is not available.

And if you want to better understand this new industry, you can download our pitch covering the resale market.

A quick summary table

Metric Value
Most valuable resale market startup Carvana, $10.3B
Second most valuable resale market startup Guazi, about $10.0B midpoint
Median resale startup valuation About $148M
Share of resale market valuation captured by the top 10 About 65%
Top resale startup valuation vs. median About 69.6x
Median valuation-to-capital-raised ratio About 2.3x
Resale startups valued at $1B+ 24 startups
Market map chart showing top companies and startups in the resale market

This market map, featured in our resale market deck, highlights top companies and startups in the resale market

Top startups in the resale market ranked by valuation

Here is an updated table that ranks the top startups in the resale market based on their latest reported or estimated valuations.

If you want more detaild about their fundraising activity, you can check our list of the startups who have raised the most funding in the resale market.

# Startup Name What They Do Current Valuation ($) Valuation Confidence Level Valuation Type Evidence Status Total Funding ($) Funding Confidence Level
1 Carvana Online used-car retailer $10.3B Full Confidence Public Market Cap Observed $701M Partial Confidence
2 Guazi Chinese used-car marketplace $9.0B–$11.0B Partial Confidence Comparables-Based Estimate Estimated $3.4B Partial Confidence
3 Vinted Secondhand fashion marketplace $9.1B Full Confidence Announced Private Round Valuation Observed $563M Strong Confidence
4 Back Market Refurbished electronics marketplace $5.5B–$6.5B Strong Confidence Revenue or ARR Multiple Estimate Estimated $1.0B Strong Confidence
5 AUTO1 European used-car trading platform $5.8B Full Confidence Public Market Cap Observed $1.7B Partial Confidence
6 OLX Global online classifieds $5.0B–$6.5B Partial Confidence Revenue or ARR Multiple Estimate Estimated $29M Partial Confidence
7 Kavak LatAm used-car marketplace $3.7B–$4.4B Partial Confidence Implied Valuation from Raise Implied $2.1B Strong Confidence
8 Mercari Japanese resale marketplace $3.8B Full Confidence Public Market Cap Observed $161M Strong Confidence
9 StockX Sneaker resale marketplace $2.8B–$3.8B Partial Confidence Comparables-Based Estimate Estimated $495M Strong Confidence
10 GOAT Group Sneaker resale marketplace $2.7B–$3.7B Partial Confidence Comparables-Based Estimate Estimated $493M Partial Confidence
11 Uxin Chinese used-car e-commerce $3.0B Full Confidence Public Market Cap Observed $1.6B Strong Confidence
12 Carro Southeast Asia used-car marketplace $2.8B–$3.2B Partial Confidence Revenue or ARR Multiple Estimate Estimated $527M Partial Confidence
13 Avito Russian online classifieds $2.4B Partial Confidence Acquisition Value Observed $161M Partial Confidence
14 dubizzle MENA classifieds marketplaces $1.7B–$2.1B Partial Confidence IPO or Listing Range Valuation Estimated $529M Partial Confidence
15 CARSOME Southeast Asia car e-commerce $1.5B–$1.9B Partial Confidence Revenue or ARR Multiple Estimate Estimated $540M Partial Confidence
16 Vestiaire Collective Luxury fashion resale $1.2B–$1.7B Partial Confidence Revenue or ARR Multiple Estimate Estimated $667M Strong Confidence
17 Spinny India full-stack used-car retailer $1.4B–$1.5B Strong Confidence Announced Private Round Valuation Observed $735M Partial Confidence
18 OfferUp U.S. local resale app $1.1B–$1.5B Partial Confidence Proxy-Based Estimate Estimated $332M Partial Confidence
19 CarTrade Exchange Dealer vehicle auction platform $1.2B Full Confidence Public Market Cap Observed $18M Partial Confidence
20 Depop Gen Z fashion resale $1.2B Strong Confidence Acquisition Value Observed $94M Partial Confidence
21 Poshmark Social fashion resale $1.2B Full Confidence Acquisition Value Observed $430M Strong Confidence
22 The RealReal Authenticated luxury resale $1.2B Full Confidence Public Market Cap Observed $588M Partial Confidence
23 CARS24 India used-car transaction platform $1.0B–$1.2B Partial Confidence IPO or Listing Range Valuation Estimated $740M Partial Confidence
24 Souche Chinese auto retail platform $700M–$1.3B Low Confidence Proxy-Based Estimate Estimated $1.2B Full Confidence
25 Carousell Southeast Asian resale classifieds $700M–$1.0B Partial Confidence Revenue or ARR Multiple Estimate Estimated $376M Strong Confidence
26 Wallapop Local resale marketplace $685M Full Confidence Acquisition Value Observed $371M Partial Confidence
27 WatchBox Pre-owned luxury watch marketplace $500M–$800M Partial Confidence Revenue or ARR Multiple Estimate Estimated $260M Strong Confidence
28 thredUP Online thrift marketplace $630M Full Confidence Public Market Cap Observed $470M Strong Confidence
29 Renrenche Chinese used-car trading platform $400M–$800M Low Confidence Proxy-Based Estimate Estimated $760M Strong Confidence
30 Swappie Refurbished iPhone marketplace $450M–$750M Partial Confidence Revenue or ARR Multiple Estimate Estimated $171M Strong Confidence
31 refurbed Refurbished electronics marketplace $450M–$650M Partial Confidence Implied Valuation from Raise Implied $188M Partial Confidence
32 ecoATM Phone recycling kiosks $400M–$650M Partial Confidence Implied Valuation from Raise Implied $156M Partial Confidence
33 letgo Local used-goods marketplace $350M–$600M Low Confidence Acquisition Value Estimated $975M Strong Confidence
34 Cashify Used gadget buyback marketplace $300M–$450M Partial Confidence Revenue or ARR Multiple Estimate Estimated $125M Partial Confidence
35 Fashionphile Luxury accessories resale $250M–$450M Partial Confidence Revenue or ARR Multiple Estimate Estimated $39M Partial Confidence
36 Archive Brand resale software $190M–$330M Partial Confidence Implied Valuation from Raise Implied $54M Strong Confidence
37 Trove Branded resale operating platform $200M–$300M Partial Confidence Implied Valuation from Raise Implied $153M Strong Confidence
38 Yerdle Brand resale logistics predecessor $200M–$300M Partial Confidence Proxy-Based Estimate Estimated $63M Partial Confidence
39 Rebelstork / REBEL Returns recommerce marketplace $150M–$250M Partial Confidence Implied Valuation from Raise Implied $49M Strong Confidence
40 Reebelo Refurbished electronics marketplace $140M–$220M Partial Confidence Implied Valuation from Raise Implied $50M Strong Confidence
41 Quikr Indian classifieds marketplace $100M–$250M Low Confidence Proxy-Based Estimate Estimated $370M Partial Confidence
42 Rebag Luxury handbag resale platform $120M–$220M Partial Confidence Comparables-Based Estimate Estimated $101M Full Confidence
43 Tradesy Designer fashion resale marketplace $100M–$200M Partial Confidence Acquisition Value Estimated $142M Strong Confidence
44 1stDibs Luxury design resale marketplace $146M Full Confidence Public Market Cap Observed $325M Strong Confidence
45 Recommerce Refurbished smartphone resale services $110M–$180M Partial Confidence Revenue or ARR Multiple Estimate Estimated $71M Full Confidence
46 Grailed Menswear streetwear resale $100M–$180M Low Confidence Acquisition Value Estimated $77M Full Confidence
47 Selency Secondhand furniture marketplace $100M–$180M Partial Confidence Implied Valuation from Raise Estimated $59M Strong Confidence
48 rebuy Used electronics and media $90M–$160M Partial Confidence Revenue or ARR Multiple Estimate Estimated $40M Partial Confidence
49 The Luxury Closet GCC luxury resale marketplace $80M–$140M Partial Confidence Implied Valuation from Raise Estimated $48M Strong Confidence
50 Certideal Refurbished smartphones marketplace $60M–$110M Partial Confidence Implied Valuation from Raise Implied $29M Strong Confidence
51 Treet Branded peer-to-peer resale $55M–$90M Partial Confidence Implied Valuation from Raise Implied $19M Strong Confidence
52 Collector Square Luxury consignment marketplace $40M–$90M Low Confidence Comparables-Based Estimate Estimated $0 Full Confidence
53 Good Buy Gear Baby gear resale marketplace $45M–$80M Partial Confidence Implied Valuation from Raise Estimated $20M Partial Confidence
54 Reflaunt Luxury resale-as-a-service $45M–$75M Partial Confidence Implied Valuation from Raise Implied $20M Partial Confidence
55 Cartlow Refurbished goods marketplace $45M–$75M Partial Confidence Acquisition Value Estimated $20M Full Confidence
56 Cheyipai B2B used-car auctions $40M–$70M Partial Confidence Acquisition Value Estimated $230M Partial Confidence
57 AptDeco Used furniture resale marketplace $35M–$45M Strong Confidence Announced Private Round Valuation Observed $16M Partial Confidence
58 CarSwitch Certified used-car marketplace $25M–$45M Low Confidence Comparables-Based Estimate Estimated $9M Full Confidence
59 SidelineSwap Used sports gear marketplace $25M–$45M Partial Confidence Comparables-Based Estimate Estimated $18M Partial Confidence
60 Vopero LatAm fashion resale marketplace $25M–$45M Partial Confidence Implied Valuation from Raise Estimated $15M Partial Confidence
61 Whoppah Secondhand furniture and art $25M–$45M Partial Confidence Implied Valuation from Raise Estimated $13M Strong Confidence
62 Rebelle European luxury fashion resale $34M Full Confidence Acquisition Value Observed $21M Partial Confidence
63 PAMONO Vintage design marketplace $25M–$40M Partial Confidence Acquisition Value Estimated $9M Partial Confidence
64 Recurate Brand resale marketplace software $15M–$30M Low Confidence Acquisition Value Estimated $18M Full Confidence
65 Gazelle Used electronics trade-in $18M Strong Confidence Acquisition Value Observed $54M Partial Confidence
66 Vroom Public auto-finance remnant $18M Full Confidence Public Market Cap Observed $1.3B Strong Confidence
67 Shpock Mobile classifieds marketplace $10M–$25M Low Confidence Acquisition Value Estimated $12M Partial Confidence
68 VarageSale Community garage-sale marketplace $10M–$25M Low Confidence Acquisition Value Estimated $34M Partial Confidence
69 ReSee Curated luxury vintage resale $12M–$22M Partial Confidence Implied Valuation from Raise Estimated $3M Partial Confidence
70 Hardly Ever Worn It Luxury fashion resale platform $12M–$20M Partial Confidence Announced Private Round Valuation Estimated $4M Partial Confidence
71 Mazuma Mobile phone recycling $7M–$25M Low Confidence Acquisition Value Estimated $0 Strong Confidence
72 ItsWorthMore Electronics buyback service $8M–$20M Low Confidence Proxy-Based Estimate Estimated $0 Strong Confidence
73 musicMagpie Consumer tech recommerce $13M Full Confidence Acquisition Value Observed $30M Partial Confidence
74 Reboxed Refurbished tech marketplace $8M–$15M Partial Confidence Implied Valuation from Raise Implied $5M Partial Confidence
75 Viyet Luxury furniture consignment $5M–$15M Low Confidence Acquisition Value Estimated $7M Low Confidence
76 5miles Local mobile classifieds $5M–$10M Low Confidence Revenue or ARR Multiple Estimate Estimated $45M Partial Confidence
77 Cazoo Acquired UK car brand $6M–$7M Partial Confidence Acquisition Value Implied $2.2B Partial Confidence
78 BuyBackWorld Electronics trade-in marketplace $2M–$5M Low Confidence Revenue or ARR Multiple Estimate Estimated $0 Strong Confidence
79 Xtracover Refurbished devices lifecycle platform $2M–$4M Low Confidence Revenue or ARR Multiple Estimate Estimated $0 Strong Confidence
80 Shift Liquidated online car retailer $0M–$5M Strong Confidence Proxy-Based Estimate Estimated $482M Strong Confidence
81 Swap.com Online thrift apparel store $0M–$2M Partial Confidence Proxy-Based Estimate Estimated $50M Partial Confidence
82 Cudoni Managed luxury resale service $0 Full Confidence Proxy-Based Estimate Observed $18M Full Confidence
83 GreenDust Refurbished goods reverse logistics $0 Strong Confidence Proxy-Based Estimate Estimated $53M Partial Confidence
84 Kaiyo Used furniture marketplace $0 Full Confidence Proxy-Based Estimate Observed $43M Partial Confidence
85 Kidizen Kids clothing resale app $0 Strong Confidence Proxy-Based Estimate Observed $6M Partial Confidence
86 Move Loot Used furniture marketplace $0 Full Confidence Acquisition Value Observed $21M Strong Confidence
Chart comparing the 2026 size of the resale market with other markets of similar size

This chart, included in our resale market deck, compares the 2026 size of the resale market with other markets of similar size

Key valuation trends in the resale market

Insights

  • The resale market is highly concentrated. The top 10 startups represent about 65% of total valuation in this dataset, which shows how much value accrues to category leaders.
  • Vinted is the clearest capital-efficiency winner in resale. The company turned $563M of funding into a $9.1B valuation, equal to roughly 16.2x capital raised.
  • Mercari is another unusually efficient resale outcome. With $161M raised and a $3.8B valuation, Mercari is valued at about 23.6x its funding base.
  • Used-car resale can create huge companies, but the downside is severe. Vroom and Shift together raised about $1.8B and now retain less than $25M of combined value.
  • Fashion resale looks healthier than many asset-heavy resale models. Vinted, Poshmark, and thredUP together account for about $10.9B of value on about $1.5B raised.
  • Electronics resale is split between platform winners and smaller buyback businesses. Back Market reached multibillion-dollar scale, while many phone and gadget trade-in models remain much smaller.
Chart showing how Vestiaire Collective is capturing share in the resale market

This chart, included in our resale market deck, shows how Vestiaire Collective is capturing share in resale

A few word about our methodology

As you can see, we built a database that ranks startups in the resale market based on their current valuation.

Estimating resale startup valuations is not always straightforward. Many companies do not publicly disclose their valuation, and the available information can vary widely depending on the company, the resale category, and the stage of the business.

To build this ranking, we applied a structured valuation methodology and cross-checked information across multiple reliable sources.

Whenever possible, we relied on direct disclosures. These include announced valuations from completed funding rounds, public filings for listed resale companies, or official acquisition prices.

When a resale company is publicly listed, we use its current market capitalization as the reference valuation.

If a company was acquired and no independent valuation can reasonably be estimated today, we use the acquisition price as the main reference point.

When a resale startup recently raised capital but the valuation was not disclosed, we estimate the implied valuation using typical dilution levels for that stage of fundraising.

In some cases, we also estimate valuations using operating metrics such as revenue, GMV, ARR, take rate, or customer traction, combined with valuation multiples from comparable companies in the resale market.

When direct financial data is not available, we may rely on carefully selected comparable resale startups and other signals such as hiring growth, investor quality, product traction, marketplace liquidity, or geographic expansion.

All estimates follow a strict evidence hierarchy. Recent funding rounds with announced valuations carry the most weight, followed by strong operating metrics and comparable company analysis.

We also carefully evaluate the age of every data point. Recent information carries more weight, while older data is treated cautiously and adjusted conservatively when necessary.

Whenever information is uncertain or incomplete, we clearly distinguish between confirmed facts and reasonable inferences.

Because valuation data is not always fully public, each startup in the ranking is assigned a confidence level based on the reliability, recency, and consistency of the available evidence.

Full confidence means the valuation is supported by strong and recent evidence. Strong confidence means the estimate is well supported but includes minor inference. Partial confidence means the estimate relies more heavily on indirect signals. Low confidence means available information is limited or inconsistent.

When confidence is lower, we take a more conservative approach by widening the valuation range. This helps reflect the uncertainty and increases the probability that the true valuation falls within the estimated range.

This reflects how we conduct all our research, including the work behind our report covering the resale market.

In a world where LLMs hallucinate and unreliable information is everywhere, our goal is simple: provide data you can trust.

If you want the full detail on a specific valuation estimate, feel free to contact us and we will gladly explain.

Finally, know that we update the dataset once per month, so come back here if you need fresh information.

Chart showing the projected CAGR of the resale market

This chart, included in our resale market deck, shows annual funding in resale startups

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