Burda Principal Investments leads financing round in secondhand fashion marketplace Fleek

• Burda Principal Investments led a private financing round in Fleek, a London-based B2B marketplace for secondhand apparel wholesalers and resellers.
• Fleek, founded in 2021, connects more than 2,000 suppliers with over 50,000 retailers across 100+ countries.
• The platform uses Fleek Sort, a proprietary vision-language model trained on millions of secondhand transactions, to automate grading, listing, and pricing.
• The investment targets digitization of a largely manual secondhand clothing supply chain, a market Fleek describes as worth more than $200 billion.

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