Funding round
Quince Series E
Quince, which works in luxury apparel and home goods retail in San Francisco, raised $500M in a Series E round announced on 11 Mar 2026, led by ICONIQ Capital, at a $10.10B post-money valuation. 9 firms took part. It is Quince's fifth venture round on record; the one before was a Series D in Jul 2025.
$500M
Amount raised
$10.10B
Post-money valuation
$9.60B pre-money
9
Investors
1 lead
2.2x
Step-up from the Series D
$4.50B in Jul 2025
5.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Quince at $10.10B after the new money, 2.2 times the $4.50B of its Series D (Jul 2025). The $500M bought investors about 5.0% of the company. It came 8 months after Quince's Series D. It is 57% of the $879M Quince has raised in the venture rounds on record. No later venture round is on record for Quince.
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 8 other firms.
Lead investor
- ICONIQ Capital new investor
Also in the round
- backs 53 venture-backed companies new investor
- Wellington Management new investor
- WndrCo new investor
- MarcyPen Capital Partners new investor
- Baillie Gifford new investor
- backs 44 venture-backed companies new investor
- DST Global backs 179 venture-backed companies new investor
- Marcy Venture Partners
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Series E rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Ayar Labs Electronical Components Manufacturing | 3 Mar 2026 | $500M | $3.75B | Neuberger Berman |
| Tech Companies | 24 Mar 2026 | $220M | $2.00B | Founders Fund |
| Electronical Components Manufacturing | 9 Mar 2026 | $174M | $1.45B | 浦东创投集团 |
| Payment Processing & Point of Sale | 11 Mar 2026 | $81M | not disclosed | Prysm Capital and Left Lane Capital |
| Automobile Dealers & Manufacturers | 24 Mar 2026 | $47M | not disclosed | Lightrock |
| Medical Supply Manufacturers | 12 Mar 2026 | $28M | not disclosed | InnovaHealth Partners and Birchview Capital, LP |
| Golf Courses & Country Clubs | 17 Mar 2026 | undisclosed | not disclosed | Coral Tree Partners |
| Vestwell Investment Consultants & Financial Advisors | 18 Feb 2026 | $385M | $2.00B | Blue Owl Capital and Sixth Street |
Sources
Where this comes from
Reported by 4 sources. 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 E round?
Quince raised $500M in its Series E round, announced in Mar 2026.
Who led Quince's Series E round?
ICONIQ Capital led it, with Basis Set, Wellington Management, WndrCo, MarcyPen Capital Partners and Baillie Gifford and 3 more.
What was Quince's valuation at the Series E round?
$10.10B post-money ($9.60B pre-money).