Quince hits $10B valuation with giant $500M round led by Iconiq
Entertainment
In a sea of massive valuations for early-stage AI startups, today we have a bit of rare news: a jumbo round and valuation step-up for an e-commerce company. Quince announced on Wednesday that it raised a $500 million Series E round at a $10.1 billion valuation. The round was led by previous investor Iconiq, which also led Quince’s $200 million Series D in early 2025 at a reported $4.5 billion valuation. That’s more than double the valuation in less than a year. Quince rose to fame on Instagram
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