Temasek has led an $87.5m round for Poshmark that took its total funding to nearly $160m but which did not include existing backer Shea Ventures.
Poshmark, a US-based online fashion marketplace backed by property development group JF Shea, secured $87.5m in series D funding yesterday from a consortium led by Singapore state-owned investment firm Temasek.
Mayfield Fund, Menlo Ventures, GGV Capital, Inventus Capital, Uncork Capital, Union Grove Venture Partners and Cross Creek Advisors also contributed to the series D round, which pushed Poshmark’s total funding to almost $160m.
Founded in 2011, Poshmark operates a social marketplace focused on fashion that enables users to sell, buy…
