Key Takeaways:Another helps brands address excess inventory before they opt to sell items to bulk resellers.The startup provides software to centralize excess inventory data and workflows across retailers' existing systems.Excess inventory management is a $100+ billion problem, with most unsold goods ending up destroyed or sold at deep discounts.Off-price retail tech startup Another has raised $2.5 million in seed funding to help brands manage excess inventory smarter.WHO: In 2024, Corina Marshall launched Another to help companies manage unsold or excess products. The startup provides software designed to help retailers better manage unsold and excess inventory before it becomes a liability. Secondary markets for these products operate under intense time pressure and shifting demand, leading to rapid price changes. Success in these channels requires immediate access to accurate data and strong coordination across teams, from warehouses to retail floors. Another connects to a business’s existing software systems, such as those that manage customer returns, to better centralize an organization’s data and workflows. This way, teams across the company can access data from a single source, making decision-making more effective.WHY: The systems used to sell unsold or excess retail inventory have not kept pace with how fast brands now operate today. IN THEIR OWN WORDS: “Too much time passes between each step of the off-channel inventory funnel, making it difficult to move products to the destinations that are most favorable for the brands and retailers,” Marshall told TechCrunch. DETAILS:Another closed a $2.5 million seed round led by Anthemis FIL and Westbound.