April 20, 2018 7:24 AM ET

Internet and Direct Marketing Retail

Company Overview of The RealReal, Inc.

Company Overview

The RealReal, Inc. operates an online luxury store. It offers women clothing, including coats, dresses, jackets, jeans, knitwear, pants, shorts, skirts, and tops; and handbags, such as clutches, crossbody bags, handle bags, hobos, and shoulder bags; and shoes. The company also provides men’s products, including shoes, bags, accessories, button-up shirts, pants, sweaters, outerwear, suiting, ties, and fine watches; and watches and jewelry for men and women. The RealReal, Inc. was founded in 2011 and is based in San Francisco, California with a shop in Las Vegas, Nevada.

660 4th Street

Suite 601

San Francisco, CA 94107

United States

Founded in 2011

Phone:

855-435-5893

Key Executives for The RealReal, Inc.

Founder & CEO
Chief Financial Officer
Executive Vice President of Operations
Chief Executive Officer of Japan
Chief Merchant
Compensation as of Fiscal Year 2017.

The RealReal, Inc. Key Developments

The RealReal Announces Opening of A Las Vegas Pop-Up Shop

The RealReal announced the opening of a Las Vegas pop-up shop at 3500 S Las Vegas Boulevard in The Forum Shops at Caesars Palace. The 6,000-square-foot pop-up shop will feature one-of-a-kind luxury items, including women's and men's fashion, fine jewelry, watches, home furnishings, decor and art from top designers including Chanel, Herm's, Cartier, Rolex, Stella McCartney, Gucci, and more. Clients can also drop off items to be consigned. The RealReal's staff of gemologists, horologists, art curators and authentication specialists will be on hand to answer questions and provide personalized service.

The RealReal and University of Arizona Collaborate to Create an Endowed Chair in Gemology

The RealReal, Inc. announced a first-of-its-kind collaboration with the University of Arizona to create a new degree program for gemology. The RealReal is funding an endowed chair in the UA College of Science with the intent of helping the University of Arizona develop new research and technology. An undergraduate program will be offered, along with a graduate program for master's and PhD students emphasizing gemological research and skills will be made possible through this endowment. Finally, Gem-A (Gemological Association of Great Britain) is also partnering with the UA and The RealReal to allow students in the program to obtain their individual gemology certification. As a key leader and innovator in the industry, The RealReal is joining the University of Arizona and Gem-A to further their shared values of education, innovation, and expertise. Together, they will develop unique technologies to enhance the study of gemology. For The RealReal, these advancements will also provide its gemologists, buyers, collectors, and potential sellers with elevated knowledge and information. The new degree program will be located in Tucson, Arizona, the mineral and colored stone capital of the world. Students will learn on campus and in labs located in the University of Arizona's new Gem and Mineral Museum in downtown Tucson.

The RealReal launches RealReal 360

The RealReal announced the launch of RealReal 360, an innovative commerce solution that offers a unified, real-time view of inventory, product, and customer activity across all platforms. Built from the ground up to scale with company’s fast moving business needs, RealReal 360 provides a centralized view of The RealReal customer and inventory across desktop, mobile, stores, and warehouse. RealReal 360 Key Features: Customer 360° Profiling: RealReal 360 supports the shopper across platforms and gives the business a single view of customer activity. Unifies desktop, mobile, web, iOS, and Android, and brick & mortar, to ensure a cohesive customer experience. In-store iPads that give shoppers a holistic view of product inventory across all channels, helping them quickly discover an item. One customer view enables talking to the shopper with one voice across all platforms to ensure the same message is heard regardless of the device. Seamless Inventory Management: A connected inventory view surfaces the full assortment from two warehouses and stores. Real-time updates that allow inventory changes to immediately reflect all locations, providing the customer, and business, with an accurate view of what is available at all times. RFID Integration allows store experts to easily locate items to better service customers and enhance inventory control. Real-time Business Intelligence:- Empowers the business through data and insights throughout the customer and business lifecycle. Real-time sales visibility across all customer touch points including desktop, mobile, and stores. Gives company experts the ability to view sales by region, channel, and customer type, to better identify and address customer needs.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
May 25, 2017
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