Any good spring cleaner enjoys weeding out a load of clothes, shoes and bags that still have life in them, but are just taking up closet space. Poshmark launched today with $3.5 million in funding to let anyone sell their old items.
Startup Poshmark, founded by veterans of startup Kaboodle, has a new mobile app that aims to make it extremely easy for people to buy and sell clothing–all through the mobile phone.
Poshmark turns the hassle of fashion resale into an easy digital experience all within the comfortable confines of an iPhone. Created by the same brains behind social fashion website Kaboodle, Poshmark came to life “so that anyone can easily convert their closet into a stylish boutique with their phones,” according to founder and CEO Manish Chandra.
Genius Idea: Four-and-a-half years after their last startup was acquired by Hearst, Kaboodle’s founding team is at it again. On Monday, Kaboodle cofounders Manish Chandra and Chetan Pungaliya, along with Tracy Sun and former Kaboodle engineer Gautam Golwala, launched Poshmark, an iPhone app that lets you browse, buy and sell clothing and accessories in just a few clicks.