Fab Raises $150 Million At $1B Valuation

Relative eCommerce newcomer Fab.com announced that it raised $150 million as part of its Series D funding round on Tuesday. According to sources who spoke to TechCrunch, Fab’s valuation prior to the funding was $1 billion, a figure that was suggested but unconfirmed by earlier reports.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Fab’s total to-date funding now totals $310 million, but it expects to collect an additional $100 million over the next few months.

    Read the full report here