Wholesale marketplace Faire hits $2.5B valuation

Faire has raised $170 million in a Series E led by Sequoia that values the company at $2.5 billion. Y Combinator, Lightspeed, D1 Capital Partners and others also supported the funding. Faire's new valuation is more than double the valuation it reached with a $150 million Series D in 2019. The San Francisco-based company provides a wholesale marketplace that helps connect local, independent retailers with brands and artisans.

Additional Investors

DST Global, Dragoneer Investment Group, Forerunner Ventures, Founders Fund, Khosla Ventures, Norwest Venture Partners

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