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Overview
The RealReal operates a luxury consignment marketplace for authenticated pre-owned designer items such as handbags, shoes, jewelry, and clothing. Consignors list items online, which the company authenticates through an in-house expert process before sale, and buyers shop and purchase items with The RealReal earning a commission; consignors can earn up to 85% of the sale price, and members pay $10 per month for 24-hour early access to sales. The company differentiates itself with rigorous authentication, partnerships with high-end brands, and a focus on sustainability to extend the lifecycle of luxury goods. Its goal is to be a trusted leader in authenticated luxury resale by connecting consignors and buyers through a sustainable marketplace.
About The RealReal
Industries
Social Impact
Consumer Goods
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
San Francisco, California
Founded
2011
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Simplify's Take
What believers are saying
- Q2 2026 GMV hit $617 million, up 22%, with fourth straight >20% growth.
- Adjusted EBITDA margin reached 7% in Q2 2026, and full-year guidance rose.
- Chestnut Hill and Glendale stores expand supply, while vintage demand rose 432% since 2020.
What critics are saying
- Chanel's 2026 lawsuit attacks authentication credibility; one high-profile counterfeit scandal would crush trust.
- Take rate fell to 35.9% in Q2 2026, pressuring monetization as mix shifts upward.
- Ongoing shareholder litigation and thin cash, $134 million in August 2026, constrain flexibility.
What makes The RealReal unique
- Expert-led authentication and AI pricing keep The RealReal trusted for luxury resale.
- Rati Levesque’s team combines online scale with 18 U.S. stores by August 2026.
- Athena automates intake, while Google partnership improves discovery across 44 million members.
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Funding
Total Funding
$658M
Above
Industry Average
Funded Over
10 Rounds
Stock Price
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%Luxury resale store debuts in MA + pickleball club ranked among best in U.S.: business week. New retail openings and national recognition for a Bay State sports club lead this week's business roundup. Posted Fri, Sep 18, 2026 at 8:57 am ET From new retail openings to national recognition for a Bay State sports club, it's been a busy week in Massachusetts business news. Prefer to watch? Check out this week's Patch Food and Business Roundup in the video below, then keep scrolling for the written version. Find out what's happening in Across Massachusettsfor free with the latest updates from Patch. The RealReal will open its first store in the state at The Street Chestnut Hill on Thursday, Oct. 15. The 1,800-square-foot shop will be located at 27 Boylston St. and offer women's and men's fashion, handbags, fine jewelry, watches and accessories. Bosse Pickledom was named the No. 9 pickleball club in the U.S., according to CourtSource's 2026 Top 100 Pickleball Clubs ranking. The Natick Mall venue was the only club in the Northeast to place in the top 10. Spirit Halloween, known as the world's largest specialty Halloween retailer, is opening in 33 communities across Massachusetts. The Spirit brand operates more than 1,500 stores nationwide. Aritzia, the Vancouver-based clothing store, opened its new boutique Monday at 100 Derby St. in Hingham. The storefront marks the company's first South Shore location and fourth store in Massachusetts. One Massachusetts restaurant is included in The Restaurant List 2026, an elite compilation of the 50 best restaurants in America by The New York Times. Dalia, a Spanish tapas restaurant at 429 W. Broadway in South Boston made the list. The eatery opened in April and is already drawing national recognition. With a net worth of $908 billion, Elon Musk again tops the Forbes 400, a ranking of the nation's wealthiest billionaires that includes Fidelity Investments CEO and founding family member Abigail Johnson, Massachusetts' richest person. Six other Massachusetts billionaires made the list. You can find them here. More Massachusetts Business News: Catch Up On Past Business Roundups:
The RealReal is opening its first Massachusetts store at The Street Chestnut Hill on 15 October. The 1,800-square-foot location will offer personalized luxury consignment services, authentication expertise, and curated shopping for authenticated designer goods including handbags, jewelry, watches, and fashion. The online marketplace for authenticated luxury resale selected Chestnut Hill based on its existing community of buyers and consignors across Greater Boston. Chief Merchandising Officer Samantha McCandless said Boston has been a target market, noting strong alignment with consumers who value quality and craftsmanship. The opening follows strong performance, with The RealReal reporting record quarterly gross merchandise value of $617 million in Q2 2026, up 22% year-over-year. The company now has over 44 million members, with more than half from Gen Z and Millennials.
The RealReal is opening a new store in Glendale, California on 1 October 2026. The luxury resale marketplace's latest location at 230 S Brand Boulevard will offer authenticated pre-owned goods, consignment services, and curated shopping across women's and men's fashion, handbags, jewellery, watches, and accessories. The Glendale opening joins The RealReal's existing Southern California stores in Los Angeles and Newport Beach. The company reported record quarterly gross merchandise value of $617 million in the second quarter of 2026, up 22% year over year. The store will feature one-of-one pieces from luxury houses including Chanel, Hermès, Louis Vuitton, and Rolex. According to The RealReal's 2026 Resale Report, demand for vintage items has increased 432% since 2020. More than half of the company's customer base now comprises Gen Z and Millennials.
The RealReal reported strong second-quarter 2026 results, with gross merchandise value reaching an all-time high of $617 million, up 22% year-over-year. This marks the company's fourth consecutive quarter of GMV growth exceeding 20%. Revenue grew 17% to $193 million. Trailing 12-month active buyers increased 11% year-over-year, accelerating for the fourth consecutive quarter. The luxury resale platform also delivered significant margin expansion. Adjusted EBITDA margin reached 7%, up nearly 300 basis points compared to the previous year. CEO Rati Levesque attributed the results to disciplined execution of the company's strategy, highlighting improvements in customer experience and platform intelligence. The company raised its full-year outlook based on the strength of current performance. Levesque emphasised that trust distinguishes market leaders as the resale market expands, noting the company's authentication and merchandising expertise as key differentiators.
The RealReal opens new West Palm Beach store. Featuring personalized consignment services, private luxury appointments and a curated selection of authenticated designer brands WEST PALM BEACH, Fla. - August 3, 2026 - The RealReal, the world's largest online marketplace for authenticated luxury resale, today announced the opening of its new West Palm Beach store on Thursday, August 13, at 700 S. Rosemary Ave., Suite 136. Relocating from its longtime Palm Beach location to a larger, more modern space, the store is designed to better serve one of the country's most dynamic luxury markets. Spanning more than 2,100 square feet, the new boutique combines The RealReal's industry-leading authentication expertise with a personalized, concierge-style shopping and consignment experience. Customers can consign, shop and discover authenticated luxury across women's and men's fashion, handbags, fine jewelry, watches and accessories. The store features a continually refreshed assortment of the most coveted pieces from the world's most sought-after luxury houses, including Chanel, Dior, Hermès, Rolex, Van Cleef & Arpels and more. From iconic handbags and fine jewelry to sought-after watches and ready-to-wear fashion, new arrivals are added daily, making every visit unique. "South Florida continues to be one of the most important luxury markets in the country, and we're excited to deepen our investment in this community with our new West Palm Beach store," said Rati Sahi Levesque, President and Chief Executive Officer of The RealReal. "Our stores combine the convenience of our digital marketplace with the expertise of our luxury specialists, creating a seamless experience for South Florida customers to consign their luxury items while discovering new finds." The West Palm Beach store offers: * Personalized Consignment Services: One-on-one consultations and valuations with luxury experts for handbags, fine jewelry, watches and designer fashion. * Luxury Authentication & Appraisals: Expert evaluations that help consignors understand the resale value of their luxury items. * Curated Shopping Experience: A constantly evolving assortment of authenticated luxury from the world's leading designer brands. * Private Viewings: Personalized appointments to explore exceptional fine jewelry, luxury watches and rare handbags. To celebrate the grand opening, guests are invited to visit the store on Thursday, August 13, and enjoy complimentary beverages from Maman, including its signature iced matcha lattes, while exploring the latest arrivals. From August 13-15, customers who consign an accepted item at the West Palm Beach store will receive a $100 The RealReal site credit to shop in-store same day. Terms and conditions apply. See store for complete details. The opening marks The RealReal's 18th retail location in the United States, further expanding the company's omnichannel presence and bringing its trusted authentication expertise and full-service luxury consignment model to one of the nation's fastest-growing luxury retail destinations. Store Information The RealReal - West Palm Beach 700 S. Rosemary Ave., Suite 136 West Palm Beach, FL 33401 Hours Monday-Saturday: 10:00 a.m.-7:00 p.m. Sunday: 10:00 a.m.-6:00 p.m. About The RealReal The RealReal is the world's largest online marketplace for authenticated, resale luxury goods, trusted by more than 40 million members. Our full-service consignment model - offering virtual appointments, in-home pickup, drop-off, and direct shipping - enables consumers to buy and sell luxury across fashion, fine jewelry and watches, art, and home categories with ease. The company combines a rigorous, expert-led authentication process with proprietary technology, including AI and machine learning, to power optimal pricing and processing for our members, and to help scale the business. By extending the life of millions of luxury goods, the company is leading a more circular economy while delivering a seamless experience for buyers and sellers. The RealReal Store Locations Chicago, IL - Dallas, TX - Greenwich, CT - Houston, TX - Los Angeles, CA (Melrose, Brentwood) - Manhasset, NY - Marin, CA - Miami, FL (Design District) - Newport Beach, CA - Brooklyn, NY - New York, NY (Madison Avenue, Midtown Luxury Consignment Office and SoHo) - West Palm Beach, FL - Palo Alto, CA - San Francisco, CA - Summit, NJ *Offer valid August 13-15, 2026, at The RealReal West Palm Beach store only. Customers who consign an accepted item during the promotional period will receive a $100 The RealReal site credit to shop in-store same day. Terms and conditions apply. See store for complete details. PR Contact / Florida Contact Corporate Images. Additional info. Media Contact: Jodi Lynn Karpes
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About The RealReal
Industries
Social Impact
Consumer Goods
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
San Francisco, California
Founded
2011
There are no jobs for The RealReal right now.
Find jobs on Simplify and start your career today