About Quince
Quince is a company based in San Francisco (United States) founded in 2018 by Sid Gupta and Sourabh Mahajan.. Quince has raised $455.5 million across 5 funding rounds from investors including Notable Capital, Wellington and DST Global Partners. The company has 259 employees as of December 31, 2024. Quince offers products and services including Linen Pants, Cashmere Sweater, Silk Pillowcase, Leather Bag, and Down Alternative Comforter. Quince operates in a competitive market with competitors including MOHOP, Public Goods, House of Mangalam, Deivee and Hemptopia, among others.
- Headquarter San Francisco, United States
- Employees 259 as on 31 Dec, 2024
- Founders Sid Gupta, Sourabh Mahajan
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Last Brand Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$455.5 M (USD)
in 5 rounds
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Latest Funding Round
$200 M (USD), Series D
Jul 29, 2025
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Investors
Notable Capital
& 10 more
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Employee Count
259
as on Dec 31, 2024
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Products & Services of Quince
Quince offers a comprehensive portfolio of products and services, including Linen Pants, Cashmere Sweater, Silk Pillowcase, Leather Bag, and Down Alternative Comforter. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Comfortable pants made from European linen materials
Warm sweater crafted from Mongolian cashmere
Luxury pillowcase of mulberry silk for bedding
Handwoven Italian leather bag for daily use
Soft comforter made from premium materials
Funding Insights of Quince
Quince has successfully raised a total of $455.5M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $200 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series D — $200.0M
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First Round
First Round
(01 Jun 2019)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series D - Quince | Valuation | Iconiq Capital |
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| Jan, 2025 | Amount | Series C - Quince | Valuation | Notable Capital , Wellington | |
| May, 2023 | Amount | Series B - Quince | Valuation | Wellington |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Quince
Quince has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Notable Capital, Wellington and DST Global Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-to-growth-stage companies are funded by the venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Early-stage technology investments are managed by Basis Set Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Quince
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Quince
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Quince Comparisons
Competitors of Quince
Quince operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MOHOP, Public Goods, House of Mangalam, Deivee and Hemptopia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Eco-friendly multi-category products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category eco-friendly products are offered through an online platform.
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Online seller of organic camphor products for aromatherapy, cleaning, and religious use.
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| domain | founded_year | HQ Location |
Internet first brand offering women sportswear
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| domain | founded_year | HQ Location |
Private label brand offering multi-category products made from hemp
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Quince
Frequently Asked Questions about Quince
When was Quince founded?
Quince was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Quince located?
Quince is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Quince?
Jon Quince is the current CEO of Quince.
Is Quince a funded company?
Quince is a funded company, having raised a total of $455.5M across 5 funding rounds to date. The company's 1st funding round was a Series B of $77M, raised on Jun 01, 2019.
How many employees does Quince have?
As of Dec 31, 2024, the latest employee count at Quince is 259.
What does Quince do?
Quince was founded in 2018 and is headquartered in San Francisco, United States. The company operates as an e-commerce platform in the fashion sector, providing a range of apparel such as sweaters, bottoms, activewear, loungewear, shapewear, and maternity wear for men and women. Accessories including jewelry, bags, scarves, sunglasses, socks, footwear, and travel items are also available, alongside products for babies, kids, gifting, and home improvement.
Who are the top competitors of Quince?
Quince's top competitors include Public Goods, MOHOP and Deivee.
What products or services does Quince offer?
Quince offers Linen Pants, Cashmere Sweater, Silk Pillowcase, Leather Bag, and Down Alternative Comforter.
Who are Quince's investors?
Quince has 11 investors. Key investors include Notable Capital, Wellington, DST Global Partners, Basis Set Ventures, and 8VC.
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