San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Faire is raising $596,212,662.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Matthew Rhodes played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Faire
Faire is an online wholesale marketplace built on the belief that the future is local, there are over 2 million independent retailers in North America and Europe doing more than $2 trillion in revenue. At Faire, were using the power of tech, data, and machine learning to connect this thriving community of entrepreneurs across the globe. Picture your favorite boutique in town, we help them discover the best products from around the world to sell in their stores. With the right tools and insights, we believe that we can level the playing field so that small businesses everywhere can compete with these big box and ecommerce giants. By supporting the growth of independent businesses, Faire is driving positive economic impact in local communities, globally. Were looking for smart, resourceful and passionate people to join us as we power the shop local movement.

To learn more about Faire, visit http://www.faire.com/

Contact:
Matthew Rhodes, Chief Executive Officer
800-208-8926
matthew.rhodes@faire.com
https://www.linkedin.com/in/max-rhodes/

SOURCE: http://www.intelligence360.io
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