The RealReal Raises $14 Million of Series B Funding

  • Posted By:
  • 0 Comments... What do you have to say?

The RealReal

B Round: $14,000,000

Founded: 03/2011
Industry: eCommerce

More Here

San Francisco, California – The RealReal, an eCommerce store offering pre-owned authentic luxury and designer brands like Chanel, Hermes, Louis Vuitton , Gucci and Cartier in discounted prices even up to 90% off has raised $14 million in series B funding led by InterWest Partners and backed by existing Canaan Partners, e.ventures, Greycroft Partners, Novel TMT Ventures, Panarea Capital and individual investors Suzy Welch and Sukhinder Singh Cassidy.

“We’re changing the way people view their designer wardrobe and luxury items,” said The RealReal founder and CEO Julie Wainwright . “We offer consignors a way to get a return on what they originally paid for their designer items, effortlessly and lucratively. And, we offer shoppers a fun way to shop.”

The new capital will be used for growth and expansion and for new product development like search, a mobile app and personalization functions.

 
Funding

Funding Total: $14,000,000

Round Date Amount Pre Amount Post Amount
B 04/2013 $14,000,000
Investors: InterWest Partners, Canaan Partners, e.ventures, Greycroft Partners, Novel TMT Ventures

See all fundings here

 
Founders

See an Error? Contact Us

Comments are closed.

venture capital update google plus page Get updates on Google Plus
venture capital update on facebook Get updates on Facebook
venture capital update on twitter Follow fundings on Twitter
venture capital update on pinterest Visit our Pinterest Page








Subscribe here
TwitterCounter for @longest

Follow here



Venture Capital News


Directories


Site Information

    About: I work at Phase One Accelerators and you can find me on and at Brian Longest on LinkedIn.

    Share Us on