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Quince
Fashion · M2C apparel / home / luggage (global)
Series EGlobal
HQSan Francisco, CA, USA
Founded2018
FoundersSid Gupta, Zunu Mittal, Sourabh Mahajan
RegionGlobal
Financials
FY24 Revenue$300-340M (2024); >$1B more recently
FY25 Revenuereportedly >$1B
YoY growthtriple-digit YoY
Profitabilityclosing on profitability per investor disclosures
Channels & Distribution
D2C · 100%
D2C100%
Marketplace—
Offline—
Stores—
Tech stack
Primary stackShopify Plus
Shopify share95%In-house: 5%
Mobile appYes
Stack signals
Shopify Plus
Analyst notes
SF manufacturer-to-consumer (M2C) brand founded 2018. Series E $500M @ $10.1B (2025) led by ICONIQ; Series D $200M @ $4.5B (Jul 2025); Series C $120M (Jan 2025). $300-340M revenue 2024; reportedly >$1B more recently. DTC online only with M2C drop-ship from factory. Shopify Plus.
Confidence: verifiedVerified 5 Jun 2026
Funding
Latest roundSeries E2025
Round size$500M @ $10.1B (2025)
Total raised$820M+
Valuation$10.1B2025
Investors
ICONIQDST GlobalWellington MgmtNotable Capital8VCBasis SetWndrcoBaillie Gifford
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