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Faire
Last Updated
July 14, 2023
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Faire

Online wholesale marketplace for retailers and brands.

About

Industry

Marketplace

Founded

2017

Headquarters

San Francisco, California

Website

Link

jobs

Link

Funding History

funding

$1.7 billion

Valuation

$12.59 billion

Notable investors

Founders Fund, Sequoia Capital, Y Combinator, Khosla Ventures, Lightspeed Venture Partners, Forerunner Ventures

Traction

  • 70,000 retailers in 50,000 cities buy from 100,000 brands selling on Faire. The company has facilitated 6 million introductions between retailers and brands.
  • Open with Faire, a program to help retailers with inventory financing, distributed $60 million in its first year.
  • 3/4 of Faire’s customers have other sales channels outside physical retail, which allowed them to continue to grow during the pandemic and keep growing through the downturn.

Leadership

  • Max Rhodes: Co-Founder & CEO of Faire. Former Director of Consumer Product, Caviar at Square.
  • Marcelo Cortes: Co-Founder & CTO of Faire. Former Staff Software Engineer at Square.
  • Daniele Perito: Co-Founder & Chief Data Officer of Faire. Former Director of Security and Risk Engineering at Square.
  • Carla Pellicano: Head of Product, Brands at Faire. Former Senior Director of Product, Head of Marketplace Dynamics at Airbnb.

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