Faire Inc., an online wholesaler, is set to more than double its valuation to exceed $2 billion with a new funding round that’s under negotiation.
The San Francisco-based company, founded by three former Square Inc. colleagues, is in advanced discussions with new and existing investors about raising more than $100 million in new capital, according to people with knowledge of the matter who asked not to be identified.
Representatives for Faire didn’t immediately respond to requests for comment.
The company, led by Chief Executive Officer
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