The RealReal luxury consignment Web site has raised $20 million in a Series C funding round. The funding will be applied toward “expansion of our operations and infrastructure,” said founder and chief executive officer Julie Wainwright. “Additionally, this investment will help us accelerate our supply and customer acquisition efforts.”
The site is expected to more than double its annual volume this year to $125 million from $55 million in 2013. It has 5,000 active consignors and 2.4 million members.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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