Faire Wholesale Reaches $12.4 Billion Value in Funding Round

  • $400 million investment led by Durable Capital, D1, Dragoneer
  • Faire says European expansion is helping its revenue growth
Faire.comPhotographer: Faire.com/Bloomberg
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Online marketplace Faire Wholesale Inc. said it’s valued at $12.4 billion after a $400 million funding round.

The investment was led by Durable Capital Partners, D1 Capital Partners and Dragoneer Investment Group, the company said in a statement that confirmed an earlier Bloomberg News report on its funding plans.