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With $500M in Fresh Funding, Quince’s Valuation Tops $10B

On Wednesday, San Francisco-based Quince announced a $500 million Series E financing round at a $10.1 billion valuation.
Backed by strong revenue, Quince surpassed $1 billion in top-line revenue last year and has posted triple-digit annual growth since founding in 2018, the company said.
The financing was led by Iconiq, investment firm and lead investor, with Baillie Gifford, Basis Set Ventures, DST Global, Marcy Venture Partners, Notable Capital, Wellington Management, and WndrCo participating, and Iconiq previously led Quince's $200 million Series D at a $4.5 billion valuation.
Quince responded to ongoing litigation by alleging antitrust violations against Deckers Outdoor Corp., while an amended class action filed Thursday alleges deceptive pricing and marketing, and Quince declined to comment.
Quince's AI-powered demand model predicts weekly demand and scales test orders, while its Manufacturer-to-Consumer system compounds efficiencies as it expands denim and Canada markets recently.

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TechCrunch

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Quince hits $10B valuation with giant $500M round led by Iconiq

E-commerce company Quince has raised another massive round, less than a year after its previous raise.

2 days ago·United States

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PR Newswire

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In the news release, Quince Raises $500M Series E, Resulting in $10.1B Valuation to Accelerate the Manufacturer-to-Consumer Platform, issued 11-Mar-2026 by...

2 days ago·United States

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retaildive.com

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RetailWit

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With $500M in fresh funding, Quince’s valuation tops $10B

The DTC brand, best known for its attractively priced cashmere sweaters, said revenue grows by triple digits annually and topped $1 billion last year.

2 days ago

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