who owns quince
Quince is a privately held direct‑to‑consumer brand, so there is no single public “owner” like you would see with a publicly traded company; instead, ownership is split between the original founders and a group of venture and institutional investors who have funded its growth over several rounds.
Who actually owns Quince?
- Quince (originally launched as Last Brand) was founded in 2018 in San Francisco by Sid Gupta , Sourabh Mahajan , Becky Mortimer , and Jon Quince.
- The company remains a private corporation, so equity is shared between the founding team, employees with stock options, and outside investors rather than being owned by public shareholders.
Founders and leadership
- Sid Gupta is the co‑founder and CEO of Quince and is widely treated as the key figure associated with the brand’s ownership and direction.
- Sourabh Mahajan is a co‑founder and serves as CTO, while Becky Mortimer is described as an ex‑co‑founder; together they shaped the early “affordable luxury” positioning and direct‑from‑factory model.
Major investors and control
- Over time, ownership has shifted toward institutional investors through multiple funding rounds, including a major Series A led by Insight Partners and participation from firms like Lugard Road Capital and Founders Fund.
- Later rounds brought in additional large investors, including Wellington Management and Notable Capital , which led or co‑led sizeable funding rounds and consequently hold meaningful equity stakes in Quince today.
Recent funding and what it implies
- By 2025, Quince had raised large growth rounds, including a reported Series C of around 120 million dollars in early 2025 to fuel expansion into more categories and scale its supply chain.
- Practically, this means Quince’s “owners” are now a mix of its founders (especially Sid Gupta and early team) and a broad pool of venture and institutional investors whose shares were created in each funding round, rather than one single person or family.
Quick HTML fact table (for your post)
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<table>
<thead>
<tr>
<th>Aspect</th>
<th>Details</th>
</tr>
</thead>
<tbody>
<tr>
<td>Company type</td>
<td>Privately held DTC brand, not publicly traded [web:1]</td>
</tr>
<tr>
<td>Founding year</td>
<td>2018 (originally as Last Brand) [web:1]</td>
</tr>
<tr>
<td>Key founders</td>
<td>Sid Gupta, Sourabh Mahajan, Becky Mortimer, Jon Quince [web:1]</td>
</tr>
<tr>
<td>Current CEO</td>
<td>Sid Gupta, co‑founder & CEO [web:1][web:5]</td>
</tr>
<tr>
<td>Ownership structure</td>
<td>Mix of founders, employees, and institutional/VC investors; no single disclosed majority owner [web:1]</td>
</tr>
<tr>
<td>Notable investors</td>
<td>Insight Partners, Lugard Road Capital, Founders Fund, Wellington Management, Notable Capital, among others [web:1]</td>
</tr>
<tr>
<td>Latest reported large round</td>
<td>Approx. $120M Series C in early 2025, led by Notable Capital and Wellington Management [web:1]</td>
</tr>
</tbody>
</table>
Information gathered from public forums or data available on the internet and portrayed here.