Venture Capital News: Grailed Raises $60M Series B Financing Round
2021-09-16
NEW YORK, NY, Grailed announced it has closed a Series B funding round of $60 million led by GOAT Group ("GOAT").
Grailed, the community-driven marketplace for men's luxury, streetwear, sneakers, and vintage fashion, announced it has closed a Series B funding round of $60 million led by GOAT Group ("GOAT"). The partnership with GOAT, the global platform for the greatest products from the past, present, and future, brings together two of the most dynamic forces in the fashion e-commerce space. Other investors include Groupe Artémis, the holding company of the Pinault family; Gucci CEO, Marco Bizzarri; as well as existing investors, Thrive Capital and Index Ventures.
Founded in 2013, Grailed is the leading community marketplace for curated men's fashion. It was built "for enthusiasts, by enthusiasts," and features products from exclusive streetwear, designer, and contemporary brands including Supreme, Off White, Rick Owens, Raf Simons, Gucci, Saint Laurent, Balenciaga, Prada, Celine, and more. Combining a robust editorial platform and a highly vetted selection of clothing and accessories, Grailed makes the best of fashion affordable and available to everyone.
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