Quince

Quince is transforming the global supply-chain via a manufacturer-to-consumer (M2C) retail model, in which factories produce inventory on demand and ship their goods directly to consumers' doorsteps, cutting out financial and environmental waste. It's an exciting retail concept that promises to democratize luxury essentials by offering them at unbelievable prices. Quince already has partnered with 45 world-renowned factories based in China, Italy, India, Vietnam, Peru, Hong Kong, Portugal, and Turkey.

Since our launch, we have driven exponential growth - we're on track to do 20x the volume of July 2020 having doubled our sales every month since then with a 25 million run rate in 2020 and 200 million run rate forecasted by the end of 2021

We recently got featured in TechCrunch - https: //techcrunch. com/2020/10/12/Quince-launches-out-of-beta-with-new-manufacturer-to-customer-model/

Funding Status:

Raised $14,500,000 in seed round funded by Founders Fund (Peter Thiel's fund), 8VC, and Basis Set Ventures.

Business Vision:

• Be the everyday lowest price provider in the premium quality segment.
• Be the market leader in the manufacturer-to-consumer (M2C) model for the premium quality segment partnering with renowned factories in the world manufacturing the finest goods in an ethical manner.
• Be the most efficient and cost-effective cross-border logistics aggregator and service provider with the unique capability of understanding and modeling customs and export requirements, and taxes in all major countries of origin.