Convey enables apparel brands to claim their stake in the secondhand economy that today is comprised of online marketplaces, like eBay and Craigslist, and brick and mortar consignment shops. With Convey’s resale-as-a-service model, shoppers return their lightly used, in-season clothing in exchange for instant store credit. Brands who’ve traditionally sat on the sidelines while eBay rakes in resale revenue, can now keep shoppers in their ecosystem, and earn an additional 40% in gross revenue each time an item is resold – all without worrying about additional inventory or logistics.
Steve Zerneri, Founder and CEO
Steve co-founded Lugg, a YC backed startup, and was an early employee at Uber where he launched uberX in Los Angeles and many other cities. Steve started Convey after realizing the amount of waste in the fashion industry. He sees the circular economy as a disruptive concept that joins together a strong mission with a sustainable business model.