Archive Secures $30M in Series B Funding
Deal News | Feb 05, 2025 | Aim Group
California-based resale technology company Archive has raised $30 million in a Series B funding round to further its global expansion and product innovation efforts. Launched in February 2021, Archive has now reached a total funding amount of $54 million. The Series B funding round signifies continued investor confidence in Archive's business model and its potential to disrupt the resale tech industry by leveraging innovative products and broadening its market reach. This funding will be instrumental in scaling operations and enhancing technological capabilities to meet the growing demand in the resale market.
Sectors
- Technology
- Retail
Geography
- United States – Archive is based in California, reflecting its operational and developmental focus within the U.S. market.
Industry
- Technology – Archive operates within the technology sector, specifically focusing on innovations in resale technology.
- Retail – The company is part of the retail industry, providing technological solutions that enhance the resale market.
Financials
- $30 million – The amount raised in the Series B funding round.
- $54 million – The total funding secured by Archive since its launch.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Archive | Target Company | Company | A California-based resale technology startup founded in February 2021. |