Poshmark Closes $87.5 Million
November 15, 2017
5:23 pm
Credit: poshmark.com
Fashion marketplace Poshmark completed $87.5 million in Series D financing, led by Temasek Holdings. Mayfield Fund, Menlo Ventures, GGV Capital, Inventus Capital Partners, Uncork Capital, Union Grove Venture Partners, and Cross Creek Capital also participated.
Poshmark, founded in 2011, is a social fashion marketplace where users can buy, sell, and share fashion ideas and products. The company seeks to “empower entrepreneurs to become the next generation of retailers.” Poshmark’s two million “seller stylists” help users navigate through 25,000,000 items and 5,000 brands.
