The RealReal Raises $300M in Series H

The RealReal has successfully raised $300M in a Series H at a $1.5B valuation led by e.ventures, Greycroft, InterWest Partners, DBL Partners, Sandbridge Capital, Great Hill Partners, Greenspring Associates.

Company Overview

The RealReal is a E-commerce company headquartered in 55 Francisco Street, San Francisco, CA 94133, founded in 2011 with 2000+ employees.

Online luxury consignment marketplace

Fundraising Details

Amount Raised: $300M
Round Type: Series H
Valuation: $1.5B
Date: 2024-03-06
Investors: e.ventures, Greycroft, InterWest Partners, DBL Partners, Sandbridge Capital, Great Hill Partners, Greenspring Associates

About The RealReal

Online luxury consignment marketplace The company is positioned in the E-commerce sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 55 Francisco Street, San Francisco, CA 94133
Founded: 2011
Team Size: 2000+
Industry: E-commerce

What This Means

This funding round demonstrates strong investor confidence in The RealReal's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The E-commerce sector continues to attract significant investment as companies innovate to meet evolving market demands. The RealReal's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $1.5B valuation marks an important milestone for The RealReal, positioning the company among notable players in the E-commerce industry.

Looking Ahead

With this new capital, The RealReal is well-positioned to execute on its growth strategy and continue building innovative solutions in the E-commerce space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-03-06. For more information about The RealReal, visit their headquarters at 55 Francisco Street, San Francisco, CA 94133.