HasUsed

HasUsed

Entrepreneurs

Sam Abney

Sam Abney

Founder

I am an enthusiastic business professional and entrepreneur with a solid background in digital marketing, e-commerce, and sustainability. I developed a career centered on fusing innovation and impact after graduating from UC Berkeley with a Bachelor's degree in Business Administration.

Team

Grace Walker

Grace Walker

COO

As a dynamic Chief Operating Officer (COO), I bring extensive expertise in driving operational excellence, optimizing business performance, and leading cross-functional teams toward sustainable growth.

Alexander Young

Alexander Young

Project Manager

Results-driven Project Manager with a strong track record of leading cross-functional teams and delivering complex projects on time and within budget.

$ 0 K
$ 0 K

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Idea

HasUsed.com is a comprehensive platform for buying and selling verified second-hand items. It also serves as a community-driven space where users can share reviews, experiences, and creative ways to reuse pre-owned products. The goal is to build a trusted ecosystem that promotes sustainability, affordability, and informed purchasing decisions.

Challenge

The second-hand market is often plagued by trust issues, counterfeit products, and misleading descriptions. Buyers hesitate to purchase used items due to concerns about quality, while sellers struggle to gain credibility. Additionally, there’s a lack of structured content on how to repurpose or maximize the lifespan of pre-owned goods.

Solution

HasUsed addresses these challenges by implementing a verification system for sellers and their listed items, ensuring transparency in transactions. The platform integrates AI-powered review aggregation to highlight reliable sellers and genuine user experiences. Additionally, a dedicated content section allows users to share detailed reviews, usage experiences, and upcycling ideas, fostering a knowledge-sharing community.

Story

The idea for HasUsed.com emerged from a simple realization—many people hesitate to buy used items because they fear getting scammed or receiving low-quality products. At the same time, countless functional products go to waste because there’s no structured way to repurpose or resell them efficiently. Recognizing this gap, HasUsed.com was created to bridge the trust deficit in the second-hand market while encouraging a more sustainable approach to consumption. By combining verified listings, user-driven reviews, and a creative reuse section, the platform transforms the way people think about pre-owned goods, making sustainability both practical and profitable.

Working with FasterCapital was honestly one of the best decisions we made. From the very beginning, the team showed real expertise and care for helping our startup succeed. Their investor network and hands-on advice were absolute game changers for us. Thanks to their support, we closed our funding round of $16M.

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Sam Abney Entrepreneur - HasUsed , Raise Capital


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HasUsed's News (1)

HasUsed Joins Forces with FasterCapital to Revolutionize Verified Second-Hand Market
24 Feb 2025

HasUsed Joins Forces with FasterCapital to Revolutionize Verified Second-Hand Market

New York, United States & Dubai, UAE – Feb 24, 2025 

HasUsed, an innovative platform for buying and selling verified second-hand items, today announced a strategic partnership with FasterCapital through its Raise Captial program. This collaboration aims to accelerate HasUsed.com’s expansion across the U.S. market by leveraging FasterCapital’s global resources and expertise to address trust and sustainability challenges in the second-hand economy.

Market Opportunity & Problem Statement

The global second-hand market is projected to reach $330 billion by 2027, driven by growing consumer demand for sustainable and affordable alternatives to new products. Despite this growth, buyers face persistent trust issues related to counterfeit goods and inaccurate listings, while sellers struggle to establish credibility. Current marketplaces lack structured content on product repurposing and community engagement, leaving a significant gap in user education and confidence. HasUsed.com targets this white space by offering a verified, transparent ecosystem that fosters both commerce and creativity in the resale economy.

Startup Solution & Differentiation

HasUsed.com differentiates itself through a robust seller and item verification system combined with AI-powered review aggregation, ensuring transaction transparency and reliability. The platform’s unique community-driven content section empowers users to share detailed reviews, usage tips, and innovative upcycling ideas, enhancing product lifecycle value. Early traction includes a growing user base with positive feedback on trustworthiness and engagement, positioning HasUsed.com as a market pioneer. This defensible approach addresses key pain points overlooked by traditional resale platforms, establishing HasUsed.com as a leader in sustainable, verified second-hand commerce.

FasterCapital Partnership Value

Through FasterCapital’s Raise Captial program, HasUsed.com gains access to tailored mentorship, strategic guidance, and capital-raising support essential for scaling operations. FasterCapital’s rigorous selection process underscores HasUsed.com’s high potential and market fit, providing validation from a global innovation leader. The partnership accelerates HasUsed.com’s go-to-market strategy, leveraging FasterCapital’s extensive network and resources to fast-track product development and user acquisition, with a targeted timeline for Series A funding within 12 months.

Executive Quotes

“HasUsed.com exemplifies the kind of forward-thinking startup that aligns perfectly with FasterCapital’s mission to nurture innovation with global impact,” said Hesham Zreik, Founder and CEO of FasterCapital. “Their verified marketplace model addresses critical trust issues in the booming second-hand market, and we’re excited to support their journey toward market leadership.”

Sam Abney, Co-founder and CEO of HasUsed.com, added, “Partnering with FasterCapital through the Raise Captial program is a pivotal step in realizing our vision of a trusted, sustainable resale ecosystem. Their expertise and resources will enable us to scale rapidly, enhance our platform’s capabilities, and empower more consumers to embrace second-hand shopping with confidence.”

Growth Trajectory & Future Plans

In the coming months, HasUsed.com plans to expand its user base across major U.S. cities, enhance AI-driven verification features, and enrich its community content offerings. The startup targets closing a $16 million funding round by Q1 2025 to support technology development and marketing efforts. Long-term, HasUsed.com aims to set new industry standards for transparency and sustainability, becoming the go-to platform for verified second-hand commerce nationwide.

About HasUsed.com

Founded by Sam Abney, HasUsed.com is a U.S.-based startup dedicated to transforming the second-hand market through verified listings, AI-powered reviews, and a vibrant community focused on sustainability and creative reuse. The platform’s mission is to build a trusted ecosystem that makes buying and selling pre-owned items safe, affordable, and environmentally responsible.

About FasterCapital

FasterCapital is a global technology investment platform that accelerates startups through its Raise Captial program, providing funding, mentorship, and strategic support. With a selective approach and proven track record, FasterCapital empowers innovative companies to scale rapidly and achieve market leadership.

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