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Lightspeed Venture led a $15m Series A round in Archive.

Synopsis

Lightspeed Venture, a venture capital firm, led a $15m Series A round in Archive, a tech company, with participation from Bain Capital Ventures, Fernbrook Capital, G9 Ventures. "Resale is a massive online category already and growing three times as fast as new apparel sales. Archive has become the standard of choice for well-known brands from Oscar de la Renta to The North Face, that want to embed resale into their supply chain. Emily, Ryan, and team have quickly built the best-in-class solution to integrate resale across all shopping channels and distribution operations. Lightspeed was fortunate to co-lead Archive's Seed round earlier this year, and we're delighted to deepen our partnership and lead the company's Series A," Alex Taussig, Lightspeed Partner.

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