Faire lands $416M extension from YC, Sequoia and others for online wholesale marketplace

Faire, which has built a marketplace connecting retailers to indie brands globally, has raised a $416 million extension to its Series G financing, more than doubling the size of the round, the company confirmed to TechCrunch today.

With the additional capital, Faire is now valued at $12.59 billion post-money, or just under $200 million more than its valuation in November, according the company. Durable Capital Partners, D1 Capital Partners and Dragoneer Investment Group co-led the first tranche of the financing.