Faire Valuation Grows to $12.4 Billion With $400 Million Series G Funding Round Co-Led by Durable Capital Partners LP
Retrieved on:
Tuesday, November 16, 2021
Technology, Finance, Other Retail, Professional Services, Home Goods, Software, Internet, Fashion, Retail, Adoption, Lightspeed Venture Partners, Industry, COO, Partner, Trimaran Capital Partners, Sequoia Capital, CEO, United Kingdom, Paulo, Founders Fund, Â, Square, Growth, DST Global, D1 Capital Partners, Norwest Venture Partners, Multimedia, Sale, CTO, Wellington Management Company, Y Combinator, CDO, Khosla Ventures, Amazon, Marketing, National Retail Properties, National Retail Federation, Video game, Retail, Faire, Durable Capital Partners, FAIRE, DURABLE CAPITAL PARTNERS
As a result, Faire has reported more than 3x year-on-year growth, reaching more than $1 billion in annual volume in less than five years.
Key Points:
- As a result, Faire has reported more than 3x year-on-year growth, reaching more than $1 billion in annual volume in less than five years.
- With their continued investment in the U.K., Europe, and beyond, we believe that Faire will transform the global wholesale market.
- Over $1 billion total funding raised to date by investors including Baillie Gifford, D1 Capital Partners, Dragoneer Investment Group, DST Global, Forerunner Ventures, Founders Fund, Khosla Ventures, Lightspeed Venture Partners, Norwest Venture Partners, Sequoia Capital, Wellington Management, Y Combinator, and new investor Durable Capital Partners LP.
- Durable Capital Partners LP (Durable) is an investment manager focused on companies that have the potential to compound over time.