Campless, a website that provides data to sneaker collectors, has announced it has received a significant investment from Detroit Venture Partners, a Detroit-based venture capital firm that invests in seed and early-stage technology companies. Campless operates like a Kelly Blue Book for the secondary sneaker market by collecting, analyzing and distributing data about the industry, which the company estimates to be more than $6 billion globally.
In addition to the new investment, today the company launched “Collections," a portfolio-like feature where sneakerheads can track the value of their shoes over time, compare their collection with other users and view financial metrics previously reserved for traditional assets like stocks and mutual funds. To celebrate the debut of such a game changing feature like “Collections,” Campless is giving away 73 pairs of sneakers, one for every week since Campless launched, including some of the most coveted pairs out there.
Head on over to Campless to learn more.
With companies like Campless making a name for themselves, this begs the questions, do you think resellers hurt or help the sneaker game?