Quince
Quince, founded in 2018, runs a manufacturer-to-consumer model. Partner factories make goods on demand and ship them straight to customers, mostly at prices below traditional retail. It sells cashmere, apparel, accessories, home goods and wellness products, and also sells to businesses through gifting, trade and white-label channels. It describes itself as using AI, analytics and automation in operations. Reported figures vary by source: it raised a $200M Series D in July 2025 at a valuation above $4.5B, then a $500M Series E in March 2026 led by ICONIQ. Retail Dive reportedly put the Series E valuation at about $10.1B, and annual revenue is reported at around $1B.
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