/C O R R E C T I O N -- SECONDSENSE/

In the news release, SECONDSENSE Raises $2M to Define the Operating System for Secondhand Luxury and Empower Shoppers With Price Transparency, issued 30-Sep-2025 by SECONDSENSE over PR Newswire, we are advised by the company that the first sentence has been updated and hyperlinks have been added. The complete, corrected release follows:

SECONDSENSE Raises $2M to Define the Operating System for Secondhand Luxury and Empower Shoppers With Price Transparency

NEW YORK, Sept. 30, 2025 /PRNewswire/ -- SECONDSENSE, the authority resale price index for secondhand for luxury handbags, today announced the close of an oversubscribed $2 million institutional round, led by Outlander VC. The three-week raise underscores investor conviction in SECONDSENSE's unique position at the intersection of luxury, technology, and data. The funding accelerates its mission of making luxury resale more transparent, personalized, and accessible.

SECONDSENSE is the only platform that empowers consumers with the data behind pricing decisions for the growing secondhand luxury handbag market. By standardizing listings across leading resale sites, the company eliminates search fatigue and information asymmetry—two of the biggest pain points for secondhand shoppers. Instead of juggling multiple tabs to compare hundreds of SKUs, users instantly see each handbag's market value and where to find the best deal. These results are powered by SECONDSENSE's proprietary AI, which unlocks real-time price arbitrage across the market. One early user saved $3,000 on the purchase of a pre-loved Hermès Birkin through the platform.

The company first captured the spotlight in April when content creator Alix Earle organically shared SECONDSENSE with her 7+ million TikTok followers, sparking viral interest and rapid community adoption. Since then, SECONDSENSE continues to resonate with digitally savvy, luxury, investment-minded consumers seeking clarity in a historically opaque market.

"Luxury resale exploded, but the market is fragmented. It is filled with messy, unstructured data so the customer experience remains overwhelming and inefficient," said Chris Lucas, founder and CEO of SECONDSENSE. "AI solves this problem. We built SECONDSENSE to bring order to the chaos. Our proprietary AI empowers shoppers with real market data so they can shop smarter, invest better, and find the right item at the best condition and lowest price. This round unlocks growth: scale product verticals, triple down on our proprietary AI core, and enhance personalization and customer service."

Proceeds from the raise will be used to strengthen SECONDSENSE's AI infrastructure, expand personalization features, and grow partnerships with global resale platforms and local boutiques to capture the broadest data set and best selection. By bridging the gap between consumers and fragmented resale ecosystem, SECONDSENSE is pioneering a new era of trust, access, and efficiency in luxury shopping.

SECONDSENSE officially launched this summer and is now inviting resale partners and collectors to experience the future of secondhand luxury.

Contact: [email protected]

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SOURCE SECONDSENSE