VIPC’s Virginia Venture Partners Investment in Aravenda Supports Continued Growth of Sustainable Resale Technology

Virginia Venture Partners, the equity investment program of Virginia Innovation Partnership Corporation (VIPC), today announced an additional investment in Vienna, Va.-based Aravenda, provider of a cloud-based software to take sustainable resale, consignment and thrift stores, global. Since VIPC’s initial investment in July 2021, Aravenda’s accomplishments include doubling their revenue, quadrupling their number of multi-location users and expanding their reach through 17 countries. Aravenda recently updated their solution to meet the needs of the sneaker resale market, valued at $80 billion.

Click here to read more.