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Lovd

Lovd logo

Lovd

It's not used, it's Lovd.

lovd.com
HQ: New York, NY, USA
1-10
Consumer

Company research

Public company, workplace, funding, and market signals

Overview

Lovd was a YC-backed New York-area used-goods marketplace / e-commerce startup that helped people sell pre-owned tech with pickup, delivery, testing, cleaning, and resale logistics. Public sources conflict on some historical details (especially founding year, funding totals, and status), and the lovd.com domain is currently listed for sale rather than serving an active company site.

Primary product

Used-goods marketplace and resale logistics platform for pre-owned tech and other goods

Founded

2019

Headquarters

New York, New York, United States

Team size

1-10

Work style

Onsite

Industry

Technology, Information and Internet

Sub-industry

E-commerce software / resale marketplace

Offices

New York, New York, United States

Business model

marketplace
commission-based resale
e-commerce software

Funding

Stage

seed

Total raised

$4.1M

Latest round

Seed Round · Aug 2022

People & investors

Leadership

Noah Elion

Founder and CEO

Dick Fickling

Founder / CTO

Investors

10X Capital
Ashton Kutcher
Bessemer Venture Partners
BoxGroup
Contrary Capital
Founders of Behance
Founders of Fundera
Founders of Honey
Fuel Capital
Gaingels
Immeasurable
Ludlow Ventures
Shrug Capital
Y Combinator

Work & culture

Work style

Onsite

Product & market

Pricing

Marketplace commission model; public sources describe Lovd charging roughly 25% to 40% of sale price.

Differentiators

  • —24-hour pickup and delivery in NYC
  • —free seller kits with prepaid shipping labels
  • —testing and cleaning of items before resale
  • —market-data-based pricing optimization
  • —fulfillment across third-party marketplaces
  • —localized NYC-only logistics

Technology

Webflow
Webflow Ecommerce
Cloudflare
Google Workspace
jQuery
HTTP/3
Open Graph
core-js
React Native
TypeScript
Objective-C
Datadog Browser SDK

Customers

individual sellers of used tech
NYC buyers of pre-owned goods
resellers and marketplace sellers

Competitors

Facebook Marketplace
eBay
OfferUp
Depop
thredUP
Treet
Thrilling
BUMP

Scale & contact

Estimated revenue

$300K-$1M

founders@lovd.com

Signals & risks

Other

The lovd.com domain is currently listed for sale on BrandBucket rather than operating as an active company homepage.

Source
Shutdown

Public company/profile sources describe Lovd as closed or inactive, indicating the business may no longer be operating in its original form.

Source

Latest news

Noah Elion

Forbes · Jan 2023

Forbes profiled Noah Elion as founder of Lovd, describing the used-goods marketplace, early user growth, bookings, and funding.

Six Outstanding Tufts Alumni Selected for Forbes 30 under 30

Tufts Now · Dec 2022

Tufts highlighted Noah Elion's Lovd marketplace, noting NYC service coverage and use of pickup and delivery.

Social shopping-focused Chums announces $3.5M raise ahead of YC Demo Day

TechCrunch · Mar 2021

Early coverage of Lovd's predecessor Chums and its $3.5M raise, with Noah Elion discussing the round and the startup's social-shopping concept.

Investing in Chums

Contrary · Mar 2021

Contrary announced its investment in Chums and described Noah Elion and Dick Fickling coming together as co-founders.

How tech marketplace Lovd deferred a funding round with Gynger

Gynger

Customer story describing Lovd's operating model, seller kits, pricing/commission structure, and how it used financing to defer SaaS payments.

Built In NYC profileForbes profileGitHub organizationGynger customer storyHomepage / current domainLinkedIn company pageTechCrunch funding articleTufts profileY Combinator profileYC jobs page
SourcesLovd domain / BrandBucket listingY Combinator company profileLinkedIn company pageForbes profile of Noah ElionTechCrunch funding articleTufts Entrepreneurship Center profilePitchBook company profileBuilt In NYC profileGitHub organizationGynger customer story

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