Vestiaire Collective
Vestiaire Collective Raises $216M in Series E
Quick Facts
Vestiaire Collective Raises $216M in Series E
Vestiaire Collective has successfully raised $216M in a Series E at a $1.7B valuation led by Condé Nast, Eurazeo, Idinvest Partners, Vitruvian Partners, Luxury Tech Fund, Tiger Global, Fidelity, SoftBank Vision Fund.
Company Overview
Vestiaire Collective is a E-commerce company headquartered in 23 Rue du Mail, Paris 75002, France, founded in 2009 with 700+ employees.
Luxury fashion resale platform
Fundraising Details
- Amount Raised: $216M
- Round Type: Series E
- Valuation: $1.7B
- Date: 2024-09-22
- Investors: Condé Nast, Eurazeo, Idinvest Partners, Vitruvian Partners, Luxury Tech Fund, Tiger Global, Fidelity, SoftBank Vision Fund
About Vestiaire Collective
Luxury fashion resale platform The company is positioned in the E-commerce sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 23 Rue du Mail, Paris 75002, France
- Founded: 2009
- Team Size: 700+
- Industry: E-commerce
What This Means
This funding round demonstrates strong investor confidence in Vestiaire Collective'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. Vestiaire Collective's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1.7B valuation marks an important milestone for Vestiaire Collective, positioning the company among notable players in the E-commerce industry.
Looking Ahead
With this new capital, Vestiaire Collective 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 2024-09-22. For more information about Vestiaire Collective, visit their headquarters at 23 Rue du Mail, Paris 75002, France.
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