Interplay Accelerator has invested in Relist, a platform enabling fashion brands to efficiently engage in the resale market, enhancing sustainability and customer loyalty.

Target Company Overview

Interplay is pleased to announce its investment in Relist, a platform co-founded by Maneesh Karnati, Ben Leitner, and Ben Tatsuoka. Relist empowers fashion brands to engage in the resale market without the complexities associated with maintaining a marketplace or managing inventory. By providing a streamlined solution, Relist allows brands to participate in the burgeoning resale market effortlessly.

Resale is already an integral part of the fashion industry, with customers frequently reselling unwanted items through third-party platforms like eBay, Poshmark, and Depop. However, these transactions occur without brands' visibility or benefits. Relist addresses this gap by offering consumers a simple, one-click method to resell their past purchases, complete with pre-filled product details and images, thereby transforming a traditionally tedious manual process into a user-friendly experience.

Industry Overview

The fashion resale market is witnessing unprecedented growth, driven by changing consumer behaviors and increasing demand for sustainable practices. Brands are now recognizing the value of resale as a strategic a