Tech Company Financing Transactions
The RealReal Funding Round
On 6/7/2017, The RealReal landed $50 million in investment from Great Hill Partners.
Transaction Overview
Company Name
Announced On
6/7/2017
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The cash infusion comes at an important juncture for The RealReal, which now employs more than 800 people and has pushed out the time by which it will turn profitable, setting its sights instead on spreading brand awareness by expanding its physical footprint.
Company Information
Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
1550-G Tiburon Blvd.
Tiburon, CA 94920
USA
Tiburon, CA 94920
USA
Phone
Website
Email Address
Overview
Offering authenticated, pre-owned, women's and men's designer brands including Chanel, Hermès, Manolo Blahnik, Gucci and Cartier - all at up to 90 percent off retail prices -The RealReal (Nasdaq: REAL) eliminates the uncertainty of purchasing luxury brands online and places the world of luxury at your fingertips.
Management Team
Title
Name
Email & Social
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We record every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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