The Shea Ventures-backed social fashion marketplace has hired underwriters for an initial public offering that would follow almost $150m in funding.
US-based fashion e-commerce platform Poshmark is readying an initial public offering that will allow home builder JF Shea to exit, the Wall Street Journal reported on Friday.
The company has hired Goldman Sachs and Morgan Stanley as underwriters for an IPO that could take place as soon as Q3 2019, according to people familiar with the matter. It was valued at almost $600m when it last raised funding, Reuters reported.
Poshmark runs a social commerce platform where users can buy…
