Funding round
Vestiaire Collective Growth
Reported as "Growth Equity"
Vestiaire Collective, which works in pre-loved luxury fashion retail in Paris, raised $64M in a Growth round announced on 21 Apr 2020. 13 firms took part. It is Vestiaire Collective's fourth venture round on record; the one before was a Series F in Jun 2019.
$64M
Amount raised
Not disclosed
Post-money valuation
13
Investors
no lead named
Valuation
What this round says about the price
Vestiaire Collective did not disclose a valuation in this round. It came 10 months after Vestiaire Collective's Series F. It is 11% of the $585M Vestiaire Collective has raised in the venture rounds on record. Vestiaire Collective raised again 11 months later: a Growth round of $216M in Mar 2021. Its next priced round, a Growth in Sep 2021, valued it at $1.70B.
Vestiaire Collective's funding rounds
Vestiaire Collective has 6 venture rounds on record. This one is highlighted.
- Series C 2 Sep 2013, led by Condé Nast and Condé Nast International $20M
- Growth 24 Jan 2017, led by Vitruvian Partners $62M
- Series F 1 Jun 2019 $45M
- Growth this round 21 Apr 2020 $64M
- Growth 1 Mar 2021, led by Kering and Tiger Global $216M
- Growth 22 Sep 2021, led by SoftBank Vision Fund and Generation Investment Management $178M$1.70B post-money
Investors
Who put money in
13 firms took part; no lead investor was named.
Investors
- backs 25 venture-backed companies new investor
- Fidelity International new investor
- Vaultier7 new investor
- new investor
- Eurazeo backs 103 venture-backed companies new investor
- Bpifrance new investor
- backs 27 venture-backed companies new investor
- Condé Nast new investor
- new investor
- Naver new investor
- French Leather industry new investor
- Idinvest new investor
- Cuit Invest
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, other companies' Growth rounds in Clothing Stores:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Clothing Stores | 4 May 2020 | $7.1M | not disclosed | Generis Capital Partners |
| Clothing Stores | 10 Feb 2020 | $163M | $450M | not named |
| Clothing Stores | 11 Nov 2019 | undisclosed | not disclosed | not named |
| Clothing Stores | 2 Oct 2019 | undisclosed | not disclosed | not named |
| Authentic Clothing Stores | 11 Aug 2019 | $875M | $4.00B | BlackRock Long Term Private Capital |
| Clothing Stores | 20 May 2019 | $11M | not disclosed | Knuru |
Sources
Where this comes from
Reported by 3 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Vestiaire Collective raise in its Growth round?
Vestiaire Collective raised $64M in its Growth round, announced in Apr 2020.
Which investors took part in Vestiaire Collective's Growth round?
Korelya Capital, Fidelity International, Vaultier7, Cuir Invest, Eurazeo and Bpifrance and 7 more.
What was Vestiaire Collective's valuation at the Growth round?
It was not disclosed.
Did Vestiaire Collective raise again after this round?
Yes: a Growth round in Mar 2021 of $216M.