Faire Stock
Wholesale Merchandise Sourcing
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About Faire Stock
Faire Wholesale aims to help retailers find and buy wholesale merchandise for their stores. Retailers come to Faire to find unique products from hundreds of makers all in one place. Over the past year, Faire has given over 6,000 small business owners $60 million in inventory credit to help them open new stores or launch online sites. Faire is available in the U.S., Canada, the U.K., and most countries in the EU. For a full list of countries, click here.
Faire was founded by Max Rhodes in 2017 and is headquartered in San Francisco, California. Notable investors include Durable Capital Partners LP, D1 Capital Partners, and Dragoneer Investment Group.
Investors
D1 Capital Partners
goPuff, Instacart, Anduril Industries, Lacework, Bolt, Scopely, Faire, Fivetran, Unity Technologies, Attentive
Dragoneer Investment Group
Flipkart, Spotify, Databricks, Airbnb, Instacart, Chime, DoorDash, UiPath, Lacework, Nubank
Forerunner Ventures
Jet, Chime, Faire, Dollar Shave Club, Warby Parker, Hims, Glossier, Zola, Away, Curated
Founders Fund
Lyft, Spotify, Airbnb, Stripe, Anduril Industries, Flexport, Palantir Technologies, Wish, Compass, Zenefits
Khosla Ventures
Instacart, Stripe, DoorDash, Impossible Foods, Palantir Technologies, View, Zenefits, Eat Just, Opendoor, Faire
Lightspeed Venture Partners
Snap, OYO, AppDynamics, TripActions, Faire, Affirm, Netskope, LivingSocial, Weee!, ThoughtSpot
Norwest Venture Partners
Swiggy, Quikr, Opendoor, Faire, FireEye, Exabeam, Gong.io, Grove Collaborative, HoneyBook, Omada Health
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, Stripe, DoorDash, Rappi, CoinSwitch Kuber, UiPath
SV Angel
Snap, Instacart, Stripe, Anduril Industries, DoorDash, Reddit, Zenefits, Pinterest, Opendoor, Slack
Velocity
Funding History
| November 2017 | $100K |
|---|---|
| November 2017 | $320K |
| November 2017 | $100K |
| November 2017 | $3.4M |
| January 2018 | $12.1M |
| September 2018 | $39.4M |
| December 2018 | $64.5M |
| October 2019 | $155M |
| October 2020 | $200M |
| June 2021 | $312M |
| November 2021 | $596M |
Management
Chief Executive Officer
Max Rhodes
Chief Financial Officer
Lauren Cooks Levitan
Press
channelx - Jan, 24 2023
New Faire marketplace app for brandsTechCrunch - Aug, 19 2022
Faire and Forerunner get real about retail at TC Disruptbetakit - Jun, 24 2022
After raising over $1 billion USD in the last year, Faire CTO says startup is poised for growth during market downturntheglobeandmail - Jun, 16 2022
Wholesale marketplace Faire, a major presence in Kitchener, opens Toronto officeTechCrunch - May, 12 2022
Faire lands $416M extension from YC, Sequoia and others for online wholesale marketplacewsj - Nov, 16 2021
Wholesale Marketplace Faire Raises $400 Millionbloomberg - Nov, 9 2021
Faire in Talks to Raise Money at Valuation of About $12 Billionbit - Jun, 11 2021
US-based Faire raises $260M at a $7B valuation; reports 300% YoY growth after expanding across key European marketsGifts and Dec - Dec, 9 2020
Faire to Hold Virtual Winter MarketThe Logic - Nov, 27 2020
Faire has a headquarters in San Francisco, but the e-commerce unicorn’s heart is in Kitchener-Waterloonews - Nov, 25 2020
E-Commerce Startups Spy Opportunity As Retailers Brace For ‘Peak On Top Of a Peak’ Online Black Friday This Yeardlvr - Oct, 28 2020
How Faire snagged $170M in funding and supersized its multibillion dollar valuation in just a yearmedium - Oct, 27 2020
The resilience of Fairebloomberg - Oct, 20 2020
Faire Is in Talks to Double Its Valuation to More Than $2 BillionForbes - May, 26 2020
Faire Launching Virtual Trade Shows To Help Keep Local Stores Alivedlvr - May, 26 2020
Faire Bets Wary Buyers Will Support Online Trade ShowEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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