The RealReal
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 298m | 468m | 603m | 549m | 585m | 632m | 691m |
| % growth | (6 %) | 57 % | 29 % | (9 %) | 7 % | 8 % | 9 % |
| EBITDA | (153m) | (178m) | (158m) | (81.0m) | 3.4m | 22.0m | 47.1m |
| % EBITDA margin | (51 %) | (38 %) | (26 %) | (15 %) | 1 % | 3 % | 7 % |
| Profit | (178m) | (236m) | (196m) | (168m) | (80.4m) | (55.5m) | (33.8m) |
| % profit margin | (60 %) | (50 %) | (33 %) | (31 %) | (14 %) | (9 %) | (5 %) |
| EV / revenue | 5.1x | 2.1x | 0.5x | 0.9x | 1.0x | 0.9x | 0.8x |
| EV / EBITDA | -9.9x | -5.7x | -1.8x | -6.0x | 181.8x | 26.8x | 12.5x |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$1.1m | Seed | ||
| N/A | $7.5m | Series A | |
$14.0m | Series B | ||
$20.4m | Series C | ||
$40.0m | Series D | ||
$40.0m | Late VC | ||
$50.0m | Late VC | ||
* | $115m | Series G | |
$70.0m Valuation: $1.1b 5.0x EV/LTM Revenues -16.3x EV/LTM EBITDA | Series H | ||
| N/A | $300m Valuation: $1.7b 8.0x EV/LTM Revenues -26.1x EV/LTM EBITDA | IPO | |
| Total Funding | $358m | ||
Related Content
Recent News about The RealReal
EditThe RealReal, accessible at therealreal.com, is a pioneering company in the luxury consignment market. It specializes in the resale of pre-owned designer items, including handbags, shoes, jewelry, and clothing. The company serves a diverse clientele ranging from fashion-conscious individuals to environmentally aware consumers who value sustainability. The RealReal operates primarily in the luxury goods market, focusing on high-end brands such as Chanel, Cartier, Gucci, and many others.
The business model of The RealReal is based on consignment, where individuals can sell their luxury items through the platform. The company authenticates each item through a rigorous process managed by experts to ensure the genuineness of the products. This authentication process is a key differentiator, providing buyers with confidence in the quality and authenticity of their purchases.
The RealReal makes money by taking a commission on each sale. Consignors can earn up to 85% of the sale price of their items, incentivizing them to use the platform. Additionally, The RealReal offers a membership program called "First Look," where, for a monthly fee of $10, members get 24-hour advance access to sales and special invitations to monthly promotions. This membership model provides a steady stream of recurring revenue.
The company also promotes sustainability by extending the lifecycle of luxury items, thus reducing waste and encouraging a circular economy. This eco-friendly approach appeals to a growing segment of consumers who prioritize environmental responsibility in their purchasing decisions.
In summary, The RealReal is a leader in the luxury consignment market, offering authenticated pre-owned designer goods to a diverse and environmentally conscious clientele. Its business model is built on consignment sales, membership fees, and a strong focus on sustainability.
Keywords: luxury consignment, authenticated items, designer brands, sustainability, resale market, high-end fashion, membership program, circular economy, eco-friendly, pre-owned goods.