EXCLUSIVE: Quince Closes $500 Million Series E at $10.1 Billion Valuation
Quince has a fresh infusion of cash.
The factory-direct luxury essentials player — which has offerings across apparel, accessories, home and beauty — closed on a $500 million series E funding round, valuing the company at $10.1 billion. The round was led by Iconiq and also saw participation from Baillie Gifford, Basis Set Ventures, DST Global, Marcy Venture Partners, Notable Capital, Wellington Management and WndrCo.
The San Francisco-based company said the new money would “support the continued...
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