What is Glyde?
Founded by Simon Rothman, the visionary behind eBay Motors, Glyde is at the forefront of revolutionizing the used goods market. The platform simplifies the selling experience for a wide array of items, including electronics like iPads, tablets, and smartphones, as well as video games and DVDs. Glyde prioritizes speed, safety, and a hassle-free transaction process, distinguishing itself from other online marketplaces. Headquartered in Palo Alto, CA, the company aims to unlock the full value of pre-owned assets through its user-friendly interface.
How much funding has Glyde raised?
Glyde has raised a total of $7.1M across 2 funding rounds:
Series A
$6M
Private Equity
$1.1M
Series A (2006): $6M with participation from Charles River
Private Equity (2013): $1.1M, investors not publicly disclosed
Key Investors in Glyde
Charles River
Charles River has delivered solutions to accelerate the development of drugs, chemicals, and medical devices for the people and patients who need them. Our products and services support clients from basic research, discovery, and safety assessment, to manufacturing and commercialization. With this expansive end-to-end portfolio, global capacity, and proven scientific and regulatory advisors, our integrated approach enables maximum speed and confidence on the drive to market.
What's next for Glyde?
With the infusion of major strategic capital, Glyde is poised for an accelerated growth trajectory. The company's focus on enhancing the selling experience for used goods, coupled with its robust platform, positions it for increased market penetration. Future initiatives are likely to involve expanding product categories, refining transaction security, and potentially exploring new geographic markets. This latest funding round signals a strong commitment to solidifying Glyde's leadership in the e-commerce resale sector and further democratizing access to value for both buyers and sellers.
See full Glyde company page
