Trosort

Trosort: Make circularity scalable using automation coupled to market data insights

In an era where sustainability and circular economy are gaining importance, the fashion industry faces a pressing need to tackle its environmental impact. Trosort is at the forefront of this transformation, offering an innovative solution that leverages cutting-edge technology to address the challenges of textile online resale in order to scale the 2nd-hand offer.

Problem: Listing 2nd-hand goods is hardly scalable

Since 2nd-hand items are unique, they require special treatment for resale:
- manually encode all the characteristics about each item (including measurements and condition)

• - manually opload items one by one on each marketplaces you sell on.

• - negotiate and answer questions of customers

• - price every item based on 2nd-hand market prices

All those actions are time-consuming and professional sellers are not able to scale their profitable model. They need tools to automate their tasks in order to scale their operations.

Solution: Trosort’s AI-Powered Toolbox

Trosort has developed a mobile and web application to enable resellers to list their products for sale on 2nd-hand marketplaces just from the pictures of their items. All processes are automated:
- tagging the clothes (brand, size, colors, type, style, grade, description, SKU, title & price)

• - publication for sale (crosslistings on multiple marketplaces, dynamic pricing)

• - closing the sale (chatbot with customers & negociations)

Here’s how Trosort's system works:
 

• - Mobile app: each employee that takes pictures of the garments have an account. This app is made for fast picture taking of the clothes and enter specific storage data rapidly.
• - Web app: the brain and visuals

Using our tagging agent and proprietary pricing engine, we automatically tag the items based on the images taken from the mobile app. Clients can visualize and modify characteristics of all the products, if necessary, on our plateform. They can then lists all their item automatically on recommerce plateforms, thanks to our multiple integrations, in one click. They are provided with high and low level analytics in odrer to monitor their business. We centralize all the business in one place, enabling to know all operations from our dashboards.

Market Opportunity

The second-hand clothing market is experiencing rapid growth and sales channel changes. The global second-hand market is expected to grow from $197B in 2023 to $350B by 2028, outpacing the growth of the traditional retail sector. It is also digitizing, in 2028 51% of the market will be online. This market shift presents a significant opportunity for the existing 90.000 worldwide 2nd-hand professional online resellers to scale their activities. Our goal is to obtain a 130 of the large-scale vendors in Europe within to years in order to get to 600k€ ARR.

Business model: Pay per use SaaS

Trosort operates on a pay per use model, offering our technology to large-scale 2nd-hand online vendors. This model allows our clients to get onboarded with the minimum friction. Our pricing structure is based on the volume of clothing processed, ensuring that businesses of all sizes can afford and benefit from our solution.

Roadmap

2024: MVP + acquire testers and clients

2025: Build the product (integrate in more 2nd-hand marketplaces, build robust features, multi-language)
2026: Make the business scalable (optimize sales funel, acheive product market-fit)
2027: Serie A to Scale

Why Invest in Trosort?

Investing in Trosort means supporting a company that targets a TAM of $1.44B€. Our technology addresses a critical need in the market, offering a scalable solution that improves efficiency, enhances profitability for our clients and increase the second-hand offer on the market. With a strong focus on sustainability, we align with the European Union vision and the market shift.

Use of funds

We are seeking seed funding to:

• - Hire key team members to further develop our product and scale operations.
• - Refine and enhance our technology based our features roadmap, built using clients requests.

• - Make the SaaS scalable, ensuring that our sales funel is optimized for rapid growth and market penetration.

   

Join us in transforming the 2nd-hand market

At Trosort, we believe that technology can be a powerful force for good, and we’re committed to using it to create a more sustainable future for fashion consumption.