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New Deal


Announced

Completed

Sequoia Capital led a $260m Series F funding round in Faire.

Financials

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Transaction Value£183m
Consideration TypeCash
Capital Owned-
Capital Bid For4%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Cross Border

Minority

Friendly

Acquisition

Completed

E-commerce

Private

online retailer

Venture Capital

Private Equity

Synopsis

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Sequoia Capital, an American venture capital firm, led a $260m Series F funding round in Faire, an online wholesale marketplace. Additional investors include Forerunner Ventures, Founders Fund, Khosla Ventures, Lightspeed Venture Partners, Y Combinator, DST Global, Dragoneer, D1 Capital Partners, Norwest Venture Partners, Baillie Gifford and Wellington Management. “We are in the midst of a multi-decade digital transformation. The world-class team at Faire is leading the way in digitizing the multi trillion-dollar global wholesale market. We at Sequoia are more excited than ever about the opportunity ahead and we are thrilled to continue our partnership," Ravi Gupta, Sequoia Partner.

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