Faire, the online wholesale marketplace connecting more than 300,000 retailers with 40,000 brands around the world, today announced the closing of $400 million in a Series G investment round co-led by new investor, Durable Capital Partners LP, and returning investors, D1 Capital Partners, and Dragoneer Investment Group. This round, which includes all existing investors, is Faire's third in just over a year and values the wholesale market leader at $12.4 billion, bringing its total funding-to-date to more than $1 billion. Six months after Faire launched across 15 markets in Europe and the United Kingdom, annualized sales volume in the region has exceeded more than $150 million - a scale that took nearly three years to achieve in North America.

Faire is a wholesale marketplace taking a data-driven approach to connect local, independent retailers with the best brands and artisans to stock their shelves with the best goods. Faire retailers rely on Faire for the convenience of ordering from thousands of their favorite brands all in one place, net 60 payment terms, free returns on opening orders, and freight caps. For brands, the platform provides powerful sales, marketing, and analytics tools, so sellers can simplify their wholesale business and focus on making great products.