The RealReal authorized enough shares for a $70 million raise at a valuation of $1.06 billion, if all shares authorized are issued. The luxury consignment e-commerce company is previously backed by Great Hill Partners, Sandbridge Capital, PWP Growth Equity, Industry Ventures, Greycroft Partners, and Canaan Partners to name a few. The most recent round, Series H, follows the $115 million raised for Series G valuing the company at $753 million. The terms surrounding the Series H include a pari passu liquidation with Series G and F, and conventional convertible meaning they will not participate with common stock if there are remaining proceeds. The most recent price per share is $6.8748, an up round from Series G at $5.2850.
The RealReal is currently a Prime Unicorn Index component. Here’s how they are currently tracking against the index:
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