Poshmark completed the acquisition of Suede One.

Poshmark, a social marketplace for new and secondhand style for women, men, kids, pets, home and more, completed the acquisition of Suede One, a platform that combines machine learning. Financial terms were not disclosed. "Suede One has built impressive capabilities in virtual authentication that will allow us to deliver tangible benefits to our community, scale our authentication services in a meaningful way, and accelerate our momentum in sneakers as well as luxury goods, two of the fastest-growing categories in the resale space. We are thrilled to welcome the Suede One team to Poshmark and look forward to what we can build together," Manish Chandra, Poshmark Founder and CEO.