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Grailed, founded in 2013 and headquartered in New York, is a prominent online marketplace specializing in luxury apparel and accessories primarily for men. The platform offers fashion-conscious individuals the opportunity to purchase high-end clothing at reduced retail prices, sourced directly from the closets of other style enthusiasts. Since its inception, Grailed has successfully raised over $76 million in funding, demonstrating significant investor interest in its business model.
In a notable development, Grailed was acquired by GOAT in October 2022, though the financial details of this transaction were not disclosed publicly. This acquisition marks a significant milestone in the company's journey and could potentially impact its future strategic direction.
As of now, there is no concrete information available regarding Grailed's plans for an initial public offering (IPO). The company has not made any official announcements about going public, and we have not found any credible reports or rumors suggesting an imminent IPO. Given the recent acquisition by GOAT, it's unclear how this might affect any potential plans for Grailed to become a publicly traded company.
For investors interested in the luxury resale market, it's worth noting that Grailed's business model and growth trajectory have garnered attention in the industry. However, without official statements or reliable information about IPO prospects, it's not possible to speculate on the likelihood or timing of Grailed stock becoming available for public investment.
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While Grailed's IPO prospects remain uncertain, investors interested in the fashion resale market don't have to wait on the sidelines. At Linqto, we offer members access to interests in promising pre-IPO companies, including potential leaders in the e-commerce and fashion technology sectors. Our platform allows you to diversify your portfolio with lower minimum investments in emerging industry disruptors, potentially benefiting from their growth before they go public.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.