As we explore the highlights that defined 2023, first, we want to thank you for being part of it with us. Our industry can’t innovate, grow—or change the way the world shops—without you.
Authenticity has always been the beating heart of our brand, and as we look back on 2023, it’s fitting that Merriam-Webster chose ‘authentic’ as the word of the year.
Reflect with us on a year where authenticity wasn’t just a word – it was the driving force behind every achievement, partnership, and breakthrough.
The Highlights
The TikTok Authenticators
The Glow Up
The Sneakers
The Instant Retake
State of the Fake
- Entrupy authenticated $1.4 billion worth of inventory in 2023, a 27% increase from 2022.
- $1.2 billion worth of inventory was certified as Authentic and $118 million was marked Unidentified.
- The United States is our highest volume geography, contributing to 42% of all authentications.
Entrupy Around
The World
We got the chance to connect with some of our sneaker & luxury customers at events across the globe this year—meeting new sellers, collectors, and aficionados every step of the way. We were even selected to showcase our solution at Burberry HQ in London for Capgemini Innovation Day.
In December we sponsored Got Sole Chicago and oversaw the authentication of hundreds of pairs of sneakers during the one-day show, with 11% of all pairs authenticated as unidentified!
In the News
