Fenwick represented Faire, an online wholesale marketplace connecting over 200,000 local retailers with emerging and established brands, in its $260 million Series E financing.
The round was led by Sequoia Capital and includes all existing investors—Lightspeed Venture Partners, DST Global, Founders Fund, Khosla Ventures, Forerunner Ventures, D1 Ventures, Y Combinator and Dragoneer Investment Group—and new global investors, Wellington Management and Baillie Gifford.
The new capital will help Faire continue to build leading tools and market events that equip its customers with the resources they need to thrive, including doubling down on its investment within apparel after seeing meaningful category growth. More information about the deal can be found in Faire’s announcement.
The Fenwick team included corporate partner Steven Levine and associates Will Black, Tracy Kennberg and Sloka Tankala.