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(Re)vive recovers value from brands' returned and excess inventory through collection, processing and resale.
Hemster, Inc., doing business as (Re)vive, was founded in 2017 and is based in New York, US. The company recovers value from returned and excess inventory by collecting, inspecting, processing and reselling items, with inventory management, sales channels and analytics. CEO Allison Lee founded the B-certified company. In May 2024 it raised USD 3.5 million in seed funding co-led by Equal Ventures, Hustle Fund, Banter Capital, Coalition Operators and Mute VC, at a USD 46.16 million post-money valuation.
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