By  on November 14, 2017
Poshmark Stylist Match

Fashion resale marketplace Poshmark raised $87.5 million and is using the new funds to sharpen its data-driven edge. 

The Series D funding pushed the company's total money raised toward $160 million. According to Poshmark founder and chief executive officer Manish Chandra, the investment will go toward expanding its product categories and digging deeper into data-connected technologies. Underscoring that direction forward, the company unveiled a new Alexa skill that lets Poshmarkers initiate styling services by vocal command. 

“With the introduction of social styling, we’re revolutionizing the way people shop by combining data, social interactions and people-powered commerce to create the fashion mall for the Instagram generation,” said Chandra. 

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