Fashion

Free People

Free People raises $1B Private at $2B valuation

$1B
Total Raised
Private
Latest Round
1970
Founded
5000+
Employees
5000 South Broad Street, Philadelphia, PA 19112
1 min read

Quick Facts

Valuation
$2B
Latest Round Size
$1B
Latest Round Date
January 2024

Free People: Private Funding Round

Free People has successfully raised $1B in Private funding, reaching a valuation of $2B.

Company Overview

Women's apparel retailer

Funding Details

The Private round was led by Urban Outfitters Inc.

Company Information

  • Headquarters: 5000 South Broad Street, Philadelphia, PA 19112
  • Founded: 1970
  • Employees: 5000+
  • Category: Fashion

Investment

Free People plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Urban Outfitters Inc: Verified investor in Private

Key Investors

Urban Outfitters Inc
Lead Investor
Verified investor in Private

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources