They grow up so fast. Babies, toddlers and kids will grow out of literally everything you get for them, probably well before it wears out. And then what do you do with the cots, car seats, strollers and toys?
That’s where GoodBuy Gear comes in: It’s like eBay, except for the little ones’ used stuff.
“Parents in the United States spend $87 billion on baby and kid gear every year, and most of those products are hardly used. In fact, 83% of the inventory on our marketplace is never or barely used before it’s listed for resale — that’s the massive opportunity GoodBuy Gear was founded to solve,” the company’s CEO and co-founder, Kristin Langenfeld, said in a press release.
The company raised a $6 million Series A in October 2020 and added a $5 million extension this May. The company also raised a $3 million line of debt, which puts the total funding raised at around $14 million. For this Pitch Deck Teardown, we are looking at the deck the company used to raise its...