Funding round
SHEIN Growth
Reported as "Growth Equity"
SHEIN, which works in fashion and apparel retail in Germany, raised $1.00B in a Growth round announced on 3 Apr 2022, at a $100.00B post-money valuation. 2 firms took part. It is SHEIN's first venture round on record.
$1.00B
Amount raised
$100.00B
Post-money valuation
2
Investors
no lead named
1.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced SHEIN at $100.00B after the new money. The $1.00B bought investors about 1.0% of the company. It is 35% of the $2.88B SHEIN has raised in the venture rounds on record. SHEIN raised again: a Series F round of $1.88B in Apr 2022.
SHEIN's funding rounds
SHEIN has 2 venture rounds on record. This one is highlighted.
- Growth this round 3 Apr 2022 $1.00B$100.00B post-money
- Series F 30 Apr 2022 $1.88B
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- General Atlantic backs 134 venture-backed companies new investor
- IDG Capital backs 49 venture-backed companies new investor
Comparable rounds
How it compares
10 Growth rounds in Clothing Stores within a year either side disclosed an amount; the median was $112M, and this round was 9.0 times the median. The closest in time, other companies' Growth rounds in Clothing Stores:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Clothing Stores | 27 Apr 2022 | $108M | not disclosed | not named |
| MUSINSA Clothing Stores | 16 Mar 2022 | $115M | $2.20B | not named |
| Clothing Stores | 22 Mar 2022 | $73M | not disclosed | Highland Europe |
| Clothing Stores | 21 Feb 2022 | undisclosed | not disclosed | not named |
| Clothing Stores | 4 Aug 2022 | $700M | not disclosed | ACON Investments |
| Clothing Stores | 26 Nov 2021 | $11M | not disclosed | not named |
| Vestiaire Collective Clothing Stores | 22 Sep 2021 | $178M | $1.70B | SoftBank Vision Fund and Generation Investment Management |
| Trendyol Clothing Stores | 9 Aug 2021 | $1.50B | $16.50B | ADQ (UAE) |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did SHEIN raise in its Growth round?
SHEIN raised $1.00B in its Growth round, announced in Apr 2022.
Which investors took part in SHEIN's Growth round?
General Atlantic and IDG Capital.
What was SHEIN's valuation at the Growth round?
$100.00B post-money.
How does it compare with other Growth rounds in Clothing Stores?
10 Growth rounds in Clothing Stores within a year either side disclosed an amount; the median was $112M, and this round was 9.0 times the median.
Did SHEIN raise again after this round?
Yes: a Series F round in Apr 2022 of $1.88B.