Founded Year

2017

Stage

Corporate Minority | Alive

Total Raised

$1.692B

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+13 points in the past 30 days

About Faire

Faire offers a wholesale marketplace that connects brands and retailers in the retail industry. It provides a platform for retailers to discover and purchase wholesale merchandise. Faire was formerly known as Indigo Fair. It was founded in 2017 and is based in San Francisco, California.

Headquarters Location

100 Potrero Avenue

San Francisco, California, 94103,

United States

415-213-4762

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ESPs containing Faire

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / E-Commerce

The wholesale platforms market offers digital solutions for brands and retailers to manage the wholesale buying and selling process online, increasing efficiency and supporting business growth. These platforms provide real-time data insights, allowing for optimized performance and the ability to view linesheets, build assortments, place and manage orders, process payments, and more. With the chall…

Faire named as Leader among 15 other companies, including Amazon, Alibaba, and eBay.

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Research containing Faire

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Faire in 1 CB Insights research brief, most recently on Nov 17, 2023.

Expert Collections containing Faire

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Faire is included in 8 Expert Collections, including Store tech (In-store retail tech).

S

Store tech (In-store retail tech)

2,086 items

Companies that make tech solutions to enable brick-and-mortar retail store operations.

U

Unicorns- Billion Dollar Startups

1,270 items

T

Tech IPO Pipeline

825 items

F

Future Unicorns 2019

50 items

A

AI 100

100 items

The winners of the 4th annual CB Insights AI 100.

R

Retail Tech 100

200 items

The most promising B2B tech startups transforming the retail industry.

Latest Faire News

Small businesses use AI to save time and money but one in 10 say it's 'cheating'

Apr 11, 2025

such retailers revealing that 83% have begun utilising AI, and a third use it daily. The most frequent applications include marketing support (33%), general research tasks (26%), and customer service management (23%). On an average day, respondents estimated that they save over two hours through the use of AI. More significantly, the study found that 73% believe that AI saves their business money, reporting an average saving of £79 per day - equating to nearly £20,000 annually for the third of retailers who use it daily. The research, commissioned by global wholesale marketplace , also revealed that 19% of respondents said that the use of AI has led to an increase in their sales. Four out of ten small retailers identified rising business costs as their biggest challenge, but suggested that AI could help reduce these costs and potentially rescue struggling high streets. Many believe AI can help them improve overall efficiency and increase customer engagement. Because of this, 15% view AI as a means to future-proof their business against industry changes and prevent them from falling behind other retailers, both large and small. Happy & Glorious, a small business in Canterbury, is one example of a company leveraging the AI revolution. Its owner and shopkeeper, Kate Tompsett, said: "Right now, it's letting me juggle a massive website overhaul at the same time as I ramp up my customer emails. "I mostly use it to sense-check and proofread marketing copy, but it's also brilliant for rewriting product descriptions, coming up with snappy email subject lines, and even telling me the best time to post on social media. This is helping Happy & Glorious to grow at an otherwise challenging time and I'm sure it will boost future sales." But not all independent retailers are as convinced by the power of AI. According to the research, one in 10 small businesses have 'no interest' in adopting it. One in 10 consider the use of AI as 'cheating' and others fear they would become too dependent on it and worry it lacks the 'personal touch'. Nicola Eyre, owner of independent store Cissy Wears, expressed her hesitation to fully embrace AI, stating, "It often feels at odds with the values that guide my business. Authenticity, human connection, and thoughtful storytelling all risk being lost when too much is automated. "I've worked hard to build a brand with a clear voice and creative identity, and I'm not ready to hand that over to an algorithm." The study carried out through OnePoll.com also found 11% aren't confident when it comes to adopting new business tools or software generally. While 74% of independent retailers want more support and advice on the benefits of the tech, 48% are worried they might get left behind if they don't adopt AI soon. Charlotte Broadbent, UK general manager at Faire, said: "Despite tough economic conditions, many of the independent retailers we work with are embracing AI to save time, cut costs, and compete with bigger retailers. "What's exciting is that technology - and particularly some of the AI driven tools we offer our retailers - are helping to level the playing field, giving small businesses access to the same efficiencies and insights as much larger competitors. Next Story

Faire Frequently Asked Questions (FAQ)

  • When was Faire founded?

    Faire was founded in 2017.

  • Where is Faire's headquarters?

    Faire's headquarters is located at 100 Potrero Avenue, San Francisco.

  • What is Faire's latest funding round?

    Faire's latest funding round is Corporate Minority.

  • How much did Faire raise?

    Faire raised a total of $1.692B.

  • Who are the investors of Faire?

    Investors of Faire include Shopify, Sequoia Capital, Y Combinator, Forerunner Ventures, Khosla Ventures and 12 more.

  • Who are Faire's competitors?

    Competitors of Faire include Wescover, Ankorstore, Candid Wholesale, Abound, Andisor and 7 more.

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Compare Faire to Competitors

Ankorstore Logo
Ankorstore

Ankorstore operates as a wholesale marketplace in the retail and electronic commerce sectors. The company provides a platform for brands and retailers to connect, offering products including home and kitchen items, food and drinks, beauty and wellness products, fashion and accessories, and stationery and hobbies. It serves retailers and brands looking to expand their product offerings. The company was founded in 2019 and is based in Paris, France.

JOOR Logo
JOOR

JOOR is a business-to-business wholesale platform that facilitates transactions between fashion brands and retailers. It offers tools including order management, virtual showrooms, digital line sheets, and an embedded payment system to support the wholesale process. It primarily serves the fashion and lifestyle sectors, connecting brands with retail buyers. It was founded in 2010 and is based in New York, New York.

Mable Logo
Mable

Mable develops a mobile and website-based business-to-business (B2B) wholesale platform that enables retailers to find and buy quality products from suppliers and wholesalers of all sizes. It was formerly known as Foundry Market. It was founded in 2019 and is based in Boston, Massachusetts.

Storenvy Logo
Storenvy

Storenvy is a marketplace that allows independent brands to sell their products. The company provides a platform for users to launch custom storefronts and sell various consumer goods, including clothing, accessories, art, and home decor. Storenvy serves the ecommerce industry, enabling purchases from emerging brands and creators of authentic goods. It is based in Chico, California.

TradeSquare Logo
TradeSquare

TradeSquare is a company that operates in the ecommerce industry, focusing on bridging the gap between local wholesalers and retailers. The company offers a wide range of products including homewares, toys, pet supplies, health and beauty products, fashion items, electronics, and more, all available for purchase at wholesale prices. TradeSquare primarily serves the retail industry, providing a platform for small and medium enterprises to access products from large vendors. It was founded in 2020 and is based in Sydney, New South Wales.

Costco Wholesale Australia Logo
Costco Wholesale Australia

Costco Wholesale Australia is a membership warehouse club operating in the retail sector. The company offers a range of brand-name merchandise and specialty departments. Costco Wholesale Australia primarily serves individual consumers seeking products at competitive prices. It was founded in 2003 and is based in Lidcombe, Australia.

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