Tech Crunch reports that Twice, an online consignment shop raised $18.5 million, and has signed a lease in the Mission District.
In a lot of ways, Twice is bringing the white glove service of consignment to the masses and tackling a huge market at the same time by going after the middle market of clothing. In two years, Twice has accumulated hundreds of thousands of customers, and grown over 500 percent with little to no marketing spend. The startup recently launchediPad and iPhone apps, which are seeing thousands of downloads per day (and were featured by Apple). READ MORE HERE.