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The Renewal Workshop

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Partners with the world’s best- loved brands and retailers to renew their “unsellable returns and excess inventory

Cascade Locks, United StatesFounded 2015Marketing
Valuation $25–50M Last recorded · 2021
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About The Renewal Workshop

The Renewal Workshop provides a clear alternative to the linear 'take-make-waste' model prevalent in the apparel industry by offering outsourced renewal and recommerce solutions. The company was established in December 2015 by co-founders Nicole Bassett and Jeff Denby, both veterans of the sustainable apparel sector. Bassett's background includes managing social responsibility at Patagonia and building the sustainability program at prAna, while Denby co-founded the fair-trade apparel brand Pact. Their shared vision was to create a business model that generates revenue from existing products, effectively turning a brand's waste stream into a profit center.

The core of the business involves partnering with apparel and textile brands to take in their unsellable returns and excess inventory. Within its facilities, these items undergo a proprietary Renewal System which includes sorting, waterless cleaning, and expert repairs to restore them to a sellable, certified condition. Once renewed, the apparel is sold either through the brand partner's own recommerce channels or via The Renewal Workshop's network. This model serves clients like The North Face, prAna, and Osprey by handling the complex logistics of collection, refurbishment, and resale. For any items that cannot be renewed, the company ensures they are responsibly upcycled or recycled, operating a zero-waste system. A crucial part of the service is the data feedback loop; the company analyzes the reasons for returns and damages, providing brands with insights to improve future product design and durability.

A significant milestone occurred in March 2022 when The Renewal Workshop was acquired by Bleckmann, a global supply chain logistics company. This acquisition was a strategic move to integrate The Renewal Workshop's specialized renewal and recommerce services into Bleckmann's extensive logistics network, aiming to scale circular solutions for the fashion and lifestyle industries globally. The founders saw Bleckmann as a values-aligned partner with the resources and global footprint necessary to expand their mission. The company operates facilities in the U.S. and the Netherlands to serve both North American and European markets.

Source: Dealroom company data

At a glance

Founded
2015
Headquarters
Cascade Locks, United States
Sector
Marketing

Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • VTF Capital
  • Gratitude Railroad

Series A11 investors entered at this stage

  • IrishAngels
  • Quadia
  • Portland Seed Fund
  • SHIFT Invest
  • DOEN Participaties
  • Rubio Impact Ventures
  • Closed Loop Partners
  • Fashion for Good
  • Mistletoe
  • Mosiaco Management
  • Volta Circle
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States75%
🇳🇱 Netherlands25%
2 countries shown

Market sentiment

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