Funding round
Quince Series D
Quince, which works in luxury apparel and home goods retail in San Francisco, raised $200M in a Series D round announced on 1 Jul 2025, led by Iconiq Capital, at a $4.50B post-money valuation. 2 firms took part. It is Quince's fourth venture round on record; the one before was a Series C in Jan 2025.
$200M
Amount raised
$4.50B
Post-money valuation
2
Investors
1 lead
4.4%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Quince at $4.50B after the new money. The $200M bought investors about 4.4% of the company. It came 6 months after Quince's Series C. It is 23% of the $879M Quince has raised in the venture rounds on record. Quince raised again 8 months later: a Series E round of $500M in Mar 2026, at $10.10B post-money.
Quince's funding rounds
Quince has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
Iconiq Capital led the round with 1 other firm.
Lead investor
- Iconiq Capital new investor
Also in the round
- Wellington new investor
Comparable rounds
How it compares
The closest in time: 2 in Clothing Stores, then Series D rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Clothing Stores | 15 May 2025 | $12M | not disclosed | not named |
| Clothing Stores | 7 Jul 2026 | $65M | $1.20B | TPG |
| Medical Supply Manufacturers | 1 Jul 2025 | $250M | not disclosed | Qatar Investment Authority and Janus Henderson Investors |
| Vanta Tech Companies | 23 Jul 2025 | $150M | $4.15B | Wellington Management |
| Tech Companies | 17 Jul 2025 | $80M | $800M | JMI Equity |
| Investment Consultants & Financial Advisors | 22 Jul 2025 | $77M | not disclosed | Tarsadia |
| Medical Supply Manufacturers | 9 Jul 2025 | $56M | not disclosed | EQT |
| Tech Companies | 22 Jul 2025 | $50M | not disclosed | Alkeon |
Sources
Where this comes from
Reported by 1 source. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Quince raise in its Series D round?
Quince raised $200M in its Series D round, announced in Jul 2025.
Who led Quince's Series D round?
Iconiq Capital led it, with Wellington.
What was Quince's valuation at the Series D round?
$4.50B post-money.
Did Quince raise again after this round?
Yes: a Series E round in Mar 2026 of $500M at $10.10B post-money.