U.S.-based e-commerce startup Faire announced that it has bagged $100 million in two funding rounds, valued at $535 million.
Led by U.S.-based investment firm Lightspeed Venture Partners and Y Combinator’s Continuity Fund, the rounds had participation from new investors including Founders Fund and Hong Kong-based DST Global.
Furthermore, existing backers including Forerunner Ventures, Sequoia Capital, and Khosla Ventures also participated.
Faire has raised a total of $116 million in funding over five rounds.