Reinventing the donation bag.
Turning billions of unwanted clothing items into a new source of commerce.
LIVE IN SOUTH FLORIDAResale got the funding.
Donation has 30x the volume.
items per year
$2B+ in VC funding
Poshmark · ThredUp · Depop · Vinted
Grailed · RealReal
items per year
A 124-year-old consumer habit
Goodwill · Savers · Salvation Army
Each block ≈ 250M items · Donation volume rounded to 30 blocks
Goodwill ~4.6B lbs + Savers ~1.1B lbs processed / year
People don't want to sell their clothes. They want them gone.
So they donate. Not because their clothes have no value. Because their time does.
Yesterday's clothes aren't worth today's effort.
The goal is an empty closet, not a resale business.
Photograph. List. Price. Negotiate. Pack. Ship.
Hours of effort for an item that might never sell.
As easy as donating. Except you get paid.
One bag. Three steps. Zero work.
Drop at a Hub, Uber pickup, or ship it in.
Resellers bid. Every drop sells on a clock.
Keep 50% of every sale. Venmo, Cash App, PayPal or credit.
Three ways to shedd.
Pick the easiest. We handle everything after that.
01FreeBring your bag to a Shedd Hub or partner store.
02$0 upfrontA driver picks it up at your door.
03$0 upfrontUse our bags or your own box + a UPS label.
The biggest closets can't pack themselves.
Elderly homeowners sit on decades of clothing they can't sort, pack or haul. Now a family member applies for them, and a vetted partner does the lifting. If earnings don't cover shipping, we absorb the difference — they never owe us a thing.
Partner applications open nationwide · professional organizers & move managers
A son, daughter or organizer applies for them in five minutes.
A vetted partner assesses, sorts, packs and labels in-home · $99.
Prepaid UPS labels. Up to ten 20-lb boxes, anywhere in the US.
We sell everything. 50% of what it fetches, paid to their account.
Built to sell in 24 hours. Not store for months.
Personalized alerts, bulk buying and bundled shipping for pro resellers.
A throughput business, not a storage business.
Hubs, partners, pickup, mail
A defined auction cycle, not an open-ended listing
Or recovered as residual
We monetize the entire bag. AI drives the margins.
Revenue split with the consumer.
Recovered through bulk and residual channels.
Both after the Shedd Convenience Fee, which covers all logistics. Every item has an exit.
Already moving inventory.
| 2026 | Item sales | Items sold | Buyer-paid shipping | Gross sales |
|---|---|---|---|---|
| Aug | $25,350.00 | 2,249 | $7,363.00 | $33,532.79 |
| Sept | $26,024.00 | 2,538 | $9,189.00 | $36,459.90 |
| Oct | $37,434.00 | 4,609 | $14,353.00 | $53,548.70 |
Gross sales include buyer processing fees and sales tax, in addition to item sales and buyer-paid shipping.
Source: shedd2 export · Jan–Oct 2026 · Item sales exclude shipping and tax · Refunds: $53.66
Our reseller network is the moat.
18.6x LTV:CAC at 180 days
Data Aug–Sept
Win the donation bag. Neighborhood by neighborhood.
Neighborhood partners turn errands into drop-offs.
Branded bags at grocers, retailers, community partners.
Ship-in for anyone outside the network.
Pop-ups, referrals, creators, local campaigns.
We don't need to create supply. We need to redirect it..
Plus Salvation Army (887 stores) and Savers (315). Only the payout is changing.
Convenience or cash. Shedd delivers both.
Consumers have always had to choose. Not anymore.
eBay, Poshmark, Depop, Mercari, Plato's Closet
✓ Can earn more
✕ Photos, listings, shipping, haggling
Donation-level ease + reseller payouts
Goodwill, Salvation Army, bins
✓ Easy to get rid of
✕ $0 to the consumer
Our moat isn't one feature. It's the entire machine.
Built by resellers. For resellers.
Automated enrichment, pricing and listing.
Pro resellers sourcing repeatedly, in volume.
Fast cycles that cut inventory dwell time.
Neighborhood-level supply collection.
Processing, fulfillment and residual recovery.
Transactions improve pricing and buyer matching.
Anyone can build an app. Few can build the entire operation.
Built by the people who move secondhand.
- — 17 years in secondhand fashion
- — #1 secondhand fashion wholesaler in the USA
- — Ops, logistics & warehousing
- — 25 years in early-stage startups
- — Operations & growth executive
- — $200M EV across 4 exits/mergers
- — Seasoned entrepreneur
- — Robinhood exit
- — #1 influencer in vintage fashion
- — Collabs with Gap, Porsche, Pokémon
Good stuff should move. Starting with the donation bag.
