Wilson Sonsini Advises Trove on $77.5 Million Series D Funding
- Client Highlights
- Consumer Products and Services
On August 25, 2021, Trove, the market leader in branded recommerce powering circular shopping for lululemon, Patagonia, REI, Nordstrom, Levi’s, Eileen Fisher, Arc’teryx, and other leading brands, announced that it has closed a $77.5 million Series D funding round led by G2 Venture Partners, bringing Trove’s total funding to date to $122.5 million. Other participants in the round included Bank of Montreal, Capital One Ventures, Commerce Ventures, Wellington Management and all of Trove’s existing board investors. The company will use the new funding to significantly expand its roster of brand partners, strengthen its technology and logistics infrastructure, enter the luxury vertical, and service a new customer audience in Europe.
A Wilson Sonsini Goodrich & Rosati team including Bob O’Connor, Piper Miles-Coccaro, Virginia Harris, Carson Williams, Karen Becker, and Jessica Remlinger (summer associate) represented Trove in the transaction.
For more information, please see Trove's press release.