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The RealReal’s $300 Million IPO Values Luxury Reseller Above $2 Billion

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

The RealReal raised $300 million in its initial public offering, exceeding expectations en route to a market value of more than $2 billion. In a regulatory filing earlier this month when the luxury resale firm set the terms for its IPO, The RealReal was planning to raise $270 million and garner a market capitalization of…

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