Announced
Completed
Financials
Sources
Tags
United States
Cross Border
Minority
Friendly
Acquisition
Completed
E-commerce
Private
online retailer
Venture Capital
Private Equity
Synopsis
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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