July 2, 2019 3 minutes

The RealReal Raises $300 Million in IPO

Primary Analyst: Coresight Research

Executive Summary

The RealReal raised $300 million in its June 28 NASDAQ IPO. The stock went up 44.5% to $28.90 per share in its first day.

The company reported 1Q19 GMV of $224 million, up 41.8% year over year.
Authentication is one of the company’s key characteristics.
Buyer acquisition cost decreased to $121 in 1Q19, from $224 in 2014.

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