Faire was founded in 2017 by Daniele Perito, Jeffrey Kolovson, Lauren Cooks Levitan, Marcelo Cortes, and Max Rhodes. Faire has not officially endorsed a plan to participate in an IPO.
Faire is an online wholesale marketplace that uses a data-driven approach to connect local retailers with thousands of emerging and established brands. Per Forge data, Faire raised $1.7 billion in funding over 13 rounds, with their latest funding raised on Sep 27, 2023. Key investors include Lightspeed Venture Partners, Khosla Ventures, Forerunner Ventures, and Founders Fund.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/15/2021 | Series G | $596.21MM | $xx.xx | $12.59B | D1 Capital Partners, Dragoneer Investment Group, Durable Capital Partners | |
Price per Share
$xx.xx
Shares Outstanding
22,791,849
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
D1 Capital Partners, Dragoneer Investment Group, Durable Capital Partners
|
||||||
06/10/2021 | Series F | $312MM | $xx.xx | $7B | Baillie Gifford, Sequoia Capital, Wellington Management | |
Price per Share
$xx.xx
Shares Outstanding
20,446,362
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baillie Gifford, Sequoia Capital, Wellington Management
|
||||||
10/27/2020 | Series E | $200MM | $xx.xx | $2.5B | D1 Capital Partners, Dragoneer Investment Group, Dst Global, Forerunner Ventures, Founders Fund, Khosla Ventures, Lightspeed Venture Partners, Norwest Venture Partners, Sequoia Capital, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
32,260,608
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
D1 Capital Partners, Dragoneer Investment Group, Dst Global, Forerunner Ventures, Founders Fund, Khosla Ventures, Lightspeed Venture Partners, Norwest Venture Partners, Sequoia Capital, Y Combinator
|
||||||
10/30/2019 | Series D | $155MM | $xx.xx | $1B | Founders Fund, Lightspeed Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
55,604,378
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Founders Fund, Lightspeed Venture Partners
|
||||||
12/13/2018 | Series B | $39.44MM | $xx.xx | $535MM | Forerunner, Khosla Ventures, Lightspeed Venture Partners, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
45,235,285
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Forerunner, Khosla Ventures, Lightspeed Venture Partners, Sequoia Capital
|
||||||
12/13/2018 | Series C | $64.5MM | $xx.xx | $535MM | Forerunner, Khosla Ventures, Lightspeed Venture Partners, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
33,734,483
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Forerunner, Khosla Ventures, Lightspeed Venture Partners, Sequoia Capital
|
||||||
01/05/2018 | Series A | $12.07MM | $xx.xx | $206.6MM | Forerunner, Khosla Ventures, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
35,847,020
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Forerunner, Khosla Ventures, Sequoia Capital
|
||||||
11/21/2017 | Series Seed | $3.4MM | $xx.xx | $90.52MM | Khosla Ventures, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
23,047,710
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Khosla Ventures, Sequoia Capital
|
||||||
03/21/2017 | Series Seed-1 | $319,998.21 | $xx.xx | $52.02MM | Khosla Ventures, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
5,089,030
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Khosla Ventures, Y Combinator
|
||||||
03/21/2017 | Series Seed-2 | $100,000.08 | $xx.xx | $52.02MM | Khosla Ventures, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
1,704,450
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Khosla Ventures, Y Combinator
|
||||||
03/21/2017 | Series Seed-3 | $99,999.71 | $xx.xx | $52.02MM | Khosla Ventures, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
1,179,520
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Khosla Ventures, Y Combinator
|