ICONIQ Capital · 2026-03-11 · 85d

Quince Series E: Building Retail Infrastructure Through Supply Chain Optimization

ICONIQ Capital leads Quince's Series E funding round, deepening partnership with the direct-to-consumer brand that leverages technology-enabled supply chain infrastructure to deliver premium products at lower prices. Quince expands beyond its viral $50 cashmere sweater into multiple categories (apparel, home, accessories, beauty) with international expansion to Canada and B2B solutions. The company demonstrates how structural supply chain efficiency can create sustainable competitive advantages while maintaining strong unit economics and exceptional growth.

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Metrics in this report

Cashmere Sweater Price Point

50$

retail price

Premium cashmere apparel category