Faire

An online wholesale marketplace where independent retailers discover and order products to stock in their stores. Brands and makers use it to sell wholesale.

Consumer & mediaOnline wholesale marketplaceSan Francisco, United States
FoundersSince 2017
Valuation
$5.2B
Total raised
$1.5B
Last round · May 2022
Series G extension
Founded
2017
Employees
700
Quarters in VP50
10

Valuation

$100M$1B$10B2019202020212022$13B
Faire priced rounds
RoundDatePost-money valuationRaisedLed by
Series CDec 13, 2018$535M$60MY Combinator's Continuity fund
Series DOct 30, 2019$1.0B$150MFounders Fund and Lightspeed Venture Partners
Series EOct 27, 2020$2.5B$170MSequoia Capital
Series FJun 10, 2021$7.0B$260MSequoia Capital
Series GNov 16, 2021$12B$400MD1 Capital Partners, Dragoneer Investment Group, and Durable Capital Partners LP
Series G extensionMay 10, 2022$13B$416MUnknown
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: #31
  2. Q1 2024: #31
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: no place
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #26, held for three quarters in a row.

Funding rounds

DateRound · leadRaisedValuation
May 10, 2022Series G extension$416M$13B
Jun 10, 2021Series F · Sequoia Capital$260M$7.0B
Oct 27, 2020Series E · Sequoia Capital$170M$2.5B
Oct 30, 2019Series D · Founders Fund, Lightspeed Venture Partners$150M$1.0B
Dec 13, 2018Series B · Lightspeed Venture Partners$40M—
Dec 13, 2018Series C · Y Combinator's Continuity fund$60M$535M
Feb 22, 2018Series A · Forerunner Ventures, Khosla Ventures$12M—
Mar 7, 2017Seed$1M—

Team

Faire | Venture Place