The RealReal
The RealReal Raises $300M in Series H
Quick Facts
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.
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