Tag Archives: Aravenda Consignment Software

Aravenda Among Select Startups Chosen for Google Accelerator Program Dedicated to Supporting Women Founders

FAIRFAX, Va. /ScoopCloud/ -- Aravenda, a Techstars and VIPC portfolio company, has proudly secured a spot as 1 of 11 companies in the prestigious Google for Startups Accelerator: Women Founders. This significant accomplishment spotlights Aravenda's leadership in propelling innovation within the market of resale software, while simultaneously establishing a benchmark for sustainable practices in the resale market.

Aravenda's Consignment Software for small to mid-sized resale businesses, coupled with its white label enterprise products allows companies, governments, universities, and non-profits to reallocate and resell unused resources, improving sustainability on a global level.

"The impact we have on reducing carbon emissions is huge," said Carolyn Thompson, Founder & CEO of Aravenda.

"Every 25,000 pounds that are recycled monthly, reduces CO2 emissions by 1 million pounds a year. Consignment stores across the globe make major impacts, but large companies and organizations who choose us to automate their internal asset reallocation programs meet carbon neutrality goals 10x faster than they ever imagined by using our product."

Randy Howard, VP of IT and Customer Success at Aravenda added, "Being a part of the Google Accelerator program will help us continue what we have started and expand our product beyond the 10 countries where we currently serve clients."

The Women Founders cohort of Google's accelerator program is a powerful initiative designed to empower and uplift women-led businesses. Annual reports indicate that less than 3% of venture capital investments are granted to women. To fill this gap, programs like Google's Startup Accelerator create a space for women founders to propel their businesses. As a participant in this esteemed cohort, Aravenda will have the unique opportunity to receive specialized mentorship from Google experts, leverage the cutting-edge capabilities of Google's cloud computing resources, access crucial technical guidance, and benefit from invaluable networking with like-minded stakeholders.

This milestone underscores Aravenda's steadfast commitment to leading innovation in resale technology and fostering sustainable asset reallocation practices.

For more information about Aravenda, please visit https://www.aravenda.com/.

To learn more about Google Startups Accelerator: Women Founder cohort follow them on social media @Googleforstarups or meet the newest class of 2023 Women Founded Companies at https://developers.googleblog.com/2023/08/meet-google-for-startups-accelerator-women-founders-class-of-2023.html

RELATED LINKS:

https://www.techstars.com/

https://www.virginiaipc.org/

Aravenda, a Techstars and VIPC portfolio company, has proudly secured a spot as 1 of 11 companies in the prestigious Google for Startups Accelerator: Women Founders. This significant accomplishment spotlights Aravenda's leadership in propelling innovation within the market of resale software, while simultaneously establishing a benchmark for sustainable practices in the resale market.

Related link: https://www.aravenda.com/

Aravenda Consignment Software Selected as Techstars Oakland Backed Company

VIENNA, Va. /ScoopCloud/ -- Aravenda Consignment Software, a leader in consignment software solutions, has been selected as a part of the Techstars Oakland powered by JP Morgan program. Techstars is a prestigious accelerator program that receives over 10,000 applications annually and selects only 2-3% of these applicants in various global cohorts. The Techstars Oakland Program is the first for Techstars in the San Francisco Bay area.

"The Techstars program is more than just a single accelerator; It's a lifelong affiliation with an organization that supports and encourages innovation in the SaaS space, and we are proud to have been selected," said Carolyn Thomson, CEO of Aravenda.

This recognition is a significant milestone for Aravenda and validates its innovative approach to consignment software. Resale is approaching $100 billion + in US-based revenue alone and is expected to grow 127% by 2026.

Aravenda's consignment software feature set has enabled users with vision and passion for resale to create their own Real Real™", StockX™ or Poshmark™ style resale platform. Unique features like fully integrated inbound shipping, remote item entry, pricing assistance and electronic consignor vendor payout functionality are built into the single-price Aravenda subscription enabling online sales and in-store collaborations.

"We're allowing customers to create their own resale platforms with an emphasis on e-commerce supporting brick-and-mortar sales. Aravenda consignment software allows clients to scale their businesses faster, giving them a competitive advantage and generating more profit," said Randy Howard, VP of Operations and Delivery.

In addition to being selected as a Techstars company, Aravenda has continued to receive grant money for improvements and expansion. The International Trade division of Virginia Economic Development Partnership (VEDP) awarded Aravenda an export-focused grant to help track their progress toward international growth.

Aravenda, a Shopify Partner since 2018, is committed to fostering partnerships with best-in-class third-party integrations for their clients like Clover and Lightspeed. These programs and awards are critical to Aravenda's international growth strategy and to those in search of the best consignment software to take local resale and antique businesses globally.

Aravenda's enterprise product enables resale franchise operators and national charities, such as the Assistance League, to have an Amazon™ type e-commerce platform where people can support the charity from anywhere. Buyers' orders are fulfilled from multiple locations seamlessly, and local chapters of the charity can maintain a local website for local pick-up. This is a note to Aravenda's unique ability to manage franchises with individual Tax IDs across multiple locations.

"We are delighted to see the growth of our team and the recognition of our successes by companies and competitive programs such as Techstars," stated Carolyn Thompson, CEO. "The resale business is recession-proof and gives individuals the opportunity to scale a profitable business with minimal up-front investment. Aravenda is a fit for small resellers to large enterprise companies with multiple locations and franchises who appreciate our one-stop-shop approach to consignment software and resale solution collaborations."

More information about Aravenda Consignment Software: https://www.aravenda.com/.

Aravenda Consignment Software, a leader in consignment software solutions, has been selected as a part of the Techstars Oakland powered by JP Morgan program. Techstars is a prestigious accelerator program that receives over 10,000 applications annually and selects only 2-3% of these applicants in various global cohorts. The Techstars Oakland Program is the first for Techstars in the San Francisco Bay area.

Related link: https://www.aravenda.com/

With Low-Cost Barriers to Entry, Many are Exploring Growing Resale Industry as New Career, says Industry Experts at Aravenda Consignment Software

TYSONS, Va. /ScoopCloud/ -- Aravenda Global Resale Technology, a U.S.-based consignment software company, speaks to the exponential growth of new resellers as the Great Resignation continues - a mass exodus of employees that began in 2020 during economic uncertainty. "Rather than returning to the workplace, many Americans are starting their own businesses, and one of the lowest cost barriers to entry for starting a new business in resale," states Carolyn Thompson, CEO of Aravenda Consignment Software.

The resale industry was growing before the pandemic as consumers were becoming more environmentally conscientious. Since the pandemic started, tighter household budgets and supply chain issues led the resale industry to skyrocket, estimating to grow 11 times in the next five years to $77 billion.

Sneaker resale is one of the leading segments of the resale industry. In February 2021, research firm Piper Sandler estimated the resale shoe market was worth $10 billion - a $4 billion increase from 2019, and estimated to generate $30 billion by 2030 according to a study by Cowan Research Equity. Unlike other items, sneakers are being sold 200% or more above the retail cost due to demand of certain styles and sizes.

Furniture resale is another lucrative segment of the resale industry. People are always moving, downsizing, or redesigning, which offers resellers an opportunity to snag up high quality furniture for low cost and flip for a profit.

Becoming a reseller has a low barrier to entry. Many resellers start with items they have sitting around their home, attic or garage: clothing, 80s and 90s memorabilia, furniture, sports cards and more. Many watch social media groups or websites where people are giving away items for free or at low cost. Others hunt thrift shops or clearance aisles at retailers to find highly valuable items they know will resale for a nice profit.

Although many exist, you don't need to have a brick-and-mortar store to become a reseller. Selling online and shipping items or arranging a pick up of sold items has become quite popular. In fact, to be successful reseller, you will need to have sell online as ecommerce. According to Insider Intelligence forecast, US ecommerce sales will grow 16.1%, reaching $1.06 trillion this year.

About Aravenda Consignment Software:

No one knows resale like Aravenda. As a Shopify Partner, Aravenda leads the market in global resale technology innovation no matter what you are reselling. With the most advanced features and unlimited service, Aravenda was named a 2021 NVTC Tech 100 honoree for extraordinary achievements and excellence in the technology industry. Aravenda shares your passion and wants resellers to sell efficiently and profitably. Aravenda serves clients in over 10 countries on four continents and can have a new store up and running in a matter of days.

Learn more at https://www.aravenda.com/

Aravenda Global Resale Technology, a U.S.-based consignment software company, speaks to the exponential growth of new resellers as the Great Resignation continues - a mass exodus of employees that began in 2020 during economic uncertainty.

Related link: https://www.aravenda.com/