PROFILE
Krzysztof Marzec
Co-Founder Profile

Krzysztof
Marzec

Co-Founder • Trove • Oakland, CA

Before "recommerce" existed as a category, Marzec was already building its infrastructure. Trove now powers the resale programs of 75%+ of U.S. branded resale - Patagonia's Worn Wear, Levi's SecondHand, Lululemon Like New. The platform behind the industry isn't a household name. That's the point.

$153M
Total Funding Raised
75%+
U.S. Branded Resale Market
7M+
Resale Items Processed
5M+ kg
CO2e Emissions Avoided
Founded 2012 Originally Yerdle
Series E 2023 $30M latest round
Chicago, IL Based
B Corporation Certified
200 Employees Trove team
Europe 2025 reverse.supply acquired

Building the Pipes for the Circular Economy

In 2012, Krzysztof Marzec co-founded a platform called Yerdle that let people give things away for free. Not sell. Give. It ran as an app where users exchanged used goods using a virtual currency earned by listing their own stuff. It was a social experiment, a proof of concept, and a data mine. What it discovered was that secondhand demand was enormous, but the infrastructure to serve it at scale for major brands simply didn't exist.

That gap became Trove. By 2016, Yerdle had rebranded, pivoted, and begun building the back-end engine that premium consumer brands could plug their resale programs into without having to build anything themselves. Trade-in logistics. Item grading and condition scoring. Dynamic pricing intelligence. Marketplace infrastructure. Analytics. White-label consumer interfaces. The entire recommerce stack - branded, modular, and enterprise-grade.

Marzec's background explains why the execution was tight. Before Trove, he spent years as a derivatives analyst at Northern Trust and an index team assistant at Morningstar - two roles that train a person to think in systems, probabilities, and pricing signals. He then moved into commodity futures trading at Geneva Trading USA, where he eventually became Head of DTG in Chicago. Running parallel to his co-founding of Trove, he traded commodities for 15 years.

Recommerce is not a trend. It's a fundamental restructuring of how goods move through the economy - from linear to circular, from one owner to many, from landfill to revenue.

Framing the Trove thesis, from company materials

That dual-track career - commodity markets by day, recommerce platform by co-founding - is less a contradiction than it looks. Both worlds reward the same skill: reading supply and demand signals faster than the market prices them in. Secondhand goods are, in their own way, a futures market. What will a used Patagonia jacket be worth in three months? What's the right clearing price for a condition-graded Lululemon legging? Marzec understood these questions from first principles before "recommerce" was even a Google autocomplete suggestion.

Trove's client list reads like a case study in category-defining brands: Patagonia (Worn Wear), Levi's (SecondHand), Lululemon (Like New), Canada Goose, Michael Kors, Steve Madden, Carhartt, On. These aren't experiments. They're fully operational resale channels generating real revenue. And Trove powers the infrastructure underneath nearly all of them.

The company raised its $30M Series E in August 2023 - the latest in a funding arc that has accumulated $153 million. The following year, Trove acquired Recurate, expanding peer-to-peer resale capabilities. In April 2025, the company took its most ambitious step yet: acquiring reverse.supply, a German company that had built the leading recommerce infrastructure for European brands. The acquisition formally opened Trove's European chapter - and gave Marzec and co. a beachhead for a market that, in sustainability regulation and secondhand culture, may ultimately outpace the U.S.

The company holds Certified B Corporation status, a legal commitment to balance profit with measurable social and environmental benefit. By Trove's own accounting, the platform has processed more than 7 million resale items and avoided more than 5 million kilograms of CO2 equivalent emissions. Those numbers are artifacts of scale - but scale, in Trove's case, was always the plan.


Brands Running on Trove

Patagonia
Worn Wear Program
Levi's
SecondHand Program
Lululemon
Like New Program
Canada Goose
Recommerce
Carhartt
Reworked Program
Michael Kors
Branded Resale
Steve Madden
Recommerce
On
Circular Solutions
Trove's Measured Impact
7M+
Items Processed
Secondhand items handled through Trove's end-to-end recommerce infrastructure
5M+ kg
CO2e Avoided
Greenhouse gas emissions prevented by extending product lifecycles through resale
75%+
U.S. Market Share
Of the U.S. branded resale market runs on Trove's platform and infrastructure

Three Roles That Built One Founder

01 / Morningstar & Northern Trust
Financial Systems Thinking
Early career in index analytics and derivatives gave Marzec a systems-level view of how markets price assets over time. The same logic that governs index rebalancing applies to secondhand inventory: flow, friction, and price discovery at scale.
02 / Geneva Trading USA
Speed, Risk, and Pricing Signals
Fifteen years trading commodity futures - including a Head of DTG role in Chicago - trained him to read supply-demand imbalances and act before they close. Trove's pricing intelligence and dynamic valuation engine for used goods reflects this instinct directly.
03 / Trove (Yerdle)
Infrastructure Over Interface
Where most consumer startups obsess over the user-facing product, Trove obsessed over the back-end: logistics routing, condition grading, catalog augmentation, returns processing. The competitive moat is invisible - but it's the hardest thing to replicate.

From Trading Floor to Circular Commerce

Early Career
Index Team at Morningstar

First professional role building foundations in financial analytics and index methodology.

Pre-2008
Derivatives Analyst, Northern Trust

Deep exposure to structured financial instruments and market pricing mechanics.

2008
Joined Geneva Trading USA

Became Trader and Trader Mentor at one of Chicago's commodity futures firms. A 15-year relationship that ran parallel to the Trove journey.

2012
Co-Founded Yerdle

Launched a peer-to-peer platform for free secondhand goods exchange. Built early data and infrastructure for what secondhand demand looks like at scale.

2015
Head of DTG, Chicago - Geneva Trading

Took on leadership of the Chicago DTG operation while maintaining co-founder role at Yerdle.

2016
Yerdle Rebrands to Trove

Pivoted from consumer-facing gifting app to B2B white-label branded recommerce platform. The infrastructure play begins.

2023
Series E: $30M raised

Trove closes its latest funding round in August 2023, bringing total raised to over $153M. Marzec departs Geneva Trading in November after 15 years.

2024
Trove Acquires Recurate

Expands peer-to-peer and brand-hosted resale capabilities through strategic acquisition.

2025
European Expansion: reverse.supply Acquired

Trove acquires the German-based leader in European recommerce infrastructure, opening an entirely new market. April 2025.

The Funding Arc

Trove has raised $153M+ across multiple rounds, building patient capital infrastructure for a long-cycle category.

Series A-B
Early growth
~$20M
Series C
Platform scale
~$40M
Series D
Brand expansion
~$60M
Series E
Aug 2023 - $30M
$30M

How Trove's Recommerce Stack Works

01
Trade-In
Consumers return used items via in-store kiosks, digital trade-in flows, or mail-in. Trove handles routing and intake for brand partners.
02
Grading
Items are assessed, conditioned, and catalogued using Trove's standardized grading and augmentation system - photos, descriptions, condition scores.
03
Pricing
AI-driven dynamic pricing engine sets optimal resale prices based on brand, condition, category demand signals, and real-time market data.
04
Resale
Items are listed via the brand's own white-label marketplace or integrated multi-channel marketplace, with Trove managing fulfillment and operations.

Details Worth Knowing

Origin Story
The Free Stuff Platform That Became a $153M Business

Yerdle launched in 2012 with a simple premise: people have too much stuff and giving it away should be easier than throwing it away. Users earned "Yerdle dollars" by listing items and spent them on others' listings. It never monetized directly - but it generated years of data on secondhand demand, user behavior, and what makes resale actually work at scale. That data became Trove's founding intelligence.

The Dual Career
Trading Commodities While Building Recommerce

For over a decade, Marzec ran two careers simultaneously - commodity futures trader in Chicago and co-founder of an Oakland-based tech startup. It's an unusual combination that speaks to his operational bandwidth and, more importantly, his belief in the long-game nature of recommerce: it wasn't going to pay off fast, so it needed a parallel income stream while the market caught up.

B Corporation
The Legal Commitment to Circularity

Trove is a Certified B Corporation - meaning its legal charter formally requires the company to balance shareholder returns with measurable environmental and social impact. For a recommerce platform, this certification is less about marketing and more about structural alignment: the business model and the mission are the same thing. Fewer items in landfills means more items processed through Trove.

Going Global
The reverse.supply Acquisition and the European Bet

In April 2025, Trove acquired reverse.supply, a German-based company that had built the dominant recommerce infrastructure for European consumer brands. Europe, with its stricter sustainability regulations and deeper secondhand culture, may prove an even more natural market for Trove's stack than the U.S. The acquisition signals that Marzec and his co-founders are playing a much longer game than five-year exit planning.

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