San Francisco-based Minted, artists and designers online marketplace, has scored $208 million in Series E financing.
The round was led by UK-based investment firm Permira and T. Rowe Price New Horizons Fund, a fund managed by U.S.-based private equity firm T. Rowe Price Associates, Inc.
With this capital raised, Minted will be able to extend its footprint into new channels and reach more consumers.
Furthermore, Minted will also use the new capital to expand its burgeoning wholesale and licensing businesses, leveraging its archives of thousands of unique designs to help retail and brand partners.