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
Lightspeed Venture Partners
Snap, OYO, AppDynamics, TripActions, Faire, Affirm, Netskope, LivingSocial, Weee!, ThoughtSpot
Forerunner Ventures
Jet, Chime, Faire, Dollar Shave Club, Warby Parker, Hims, Glossier, Zola, Away, Curated
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, Stripe, DoorDash, Rappi, CoinSwitch Kuber, UiPath
Khosla Ventures
Instacart, Stripe, DoorDash, Impossible Foods, Palantir Technologies, Commonwealth Fusion, View, Zenefits, Eat Just, Opendoor
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
bizjournals - Nov, 4 2023
San Francisco e-commerce startup Faire cuts workforce againbetakit - Nov, 4 2023
Faire cuts 250 employees in its second layoff round in last yearbusinessinsider - Nov, 3 2023
Wholesale marketplace Faire, which raised $416 million 18 months ago, laid off 250 workers in a company-wide restructuringnews - Nov, 3 2023
The Crunchbase Tech Layoffs Trackerfinance - Sep, 28 2023
Shopify investment an 'incredible endorsement': Faire CEO