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Faire is a business-to-business wholesale marketplace: independent retailers use it to buy inventory directly from brands, and independent brands use it to get their products in front of retailers without building a traditional sales-rep network from scratch. Faire doesn’t manufacture or warehouse what’s listed on it. Every transaction runs between a specific brand and a specific retailer, with Faire acting as the marketplace, the payment processor, and, in a narrow set of situations, the referee between them.
The company started in 2017 under the name Indigo Fair, built by four Square alumni, Max Rhodes, Marcelo Cortes, Daniele Perito, and Jeff Kolovson, who went through Y Combinator’s winter 2017 batch before rebranding to Faire. Headquartered in San Francisco, the company has grown into one of the larger venture-backed marketplaces still operating as a private company. It has raised more than $1.5 billion in total funding, including a $100 million round in November 2025, and, per its own investor disclosures around that round, was annualizing more than $500 million in revenue with over 40% year-over-year growth at the time.
Its valuation has moved considerably along the way. A Series G extension set Faire’s valuation at roughly $12 billion in 2022, near the top of the venture-funding cycle; a November 2025 employee tender offer priced the company closer to $5.2 billion, a decline that tracks the broader repricing of late-stage venture-backed startups over the past few years more than it signals something specific gone wrong at Faire, particularly alongside continued fundraising and reported revenue growth in the same period. The company has also been through layoffs: two rounds within roughly a year, the more recent cutting about 250 roles in November 2023 as part of trimming a management structure built for faster hiring than the company was doing at the time. This research turned up no confirmed reports of further workforce reductions between 2024 and mid-2026. Faire is frequently named as a plausible IPO candidate given its scale, though as of July 2026 it has not filed a public S-1 or announced a listing timeline, and more specific claims about an active filing that circulate online don’t hold up against its own investor disclosures.
By its own reporting as of July 2026, Faire works with more than 100,000 brands from over 120 countries and hundreds of thousands of retailers across more than 70,000 cities and towns, and it puts cumulative brand sales moved through the platform at more than $8 billion. That scale is also why a single review has to cover two different products at once. What a retailer experiences browsing and buying inventory is a genuinely different thing from what a brand experiences applying, getting approved, and waiting to get paid, and this review treats both as central rather than assuming one stands in for the other.
Faire sells nothing directly; it’s the delivery mechanism for what more than 100,000 independent brands list on it. The bulk of that catalog sits in a handful of recognizable categories:
The unifying thread isn’t category so much as scale: Faire’s brands are, almost by definition, independent and small-batch rather than the mass-market manufacturers a retailer might otherwise source through a traditional distributor, and pricing reflects that. A retailer buys at wholesale, commonly somewhere in the neighborhood of half of a product’s suggested retail price, though the exact ratio is set by each brand rather than standardized across the platform.
Faire is built for buyers who are themselves in business, not for individual end consumers. To place an order, you need to be purchasing either for resale (a retail shop, an online store, a market stall) or for business use (an office, salon, hotel, or restaurant furnishing or stocking itself), and account verification checks for that distinction before releasing full buying privileges.
A few Faire-specific programs sit alongside the core catalog and matter enough to know going in. Faire Direct lets a brand send its own existing or prospective customers a personal ordering link that carries 0% commission, effectively letting a brand use Faire’s checkout, logistics, and payment infrastructure for relationships it already owns. Faire Insider is a paid membership for retailers that unlocks free shipping on a subset of brands along with earlier access to Faire’s buying events. Open with Faire is a program aimed at helping brand-new, first-time retailers get a storefront off the ground, which Faire says has supported more than 1,600 retailers since 2021. None of these programs are required to use the core marketplace, but they shape the economics on both sides enough that the pricing section below treats them as part of the real cost structure rather than optional extras.
Faire’s pricing works differently depending on which side of a transaction you’re on, and both sides are worth understanding even if you only occupy one of them, since the fee structure on the brand side is a large part of why wholesale prices sit where they do. Figures below reflect Faire’s own published rates as of July 2026.
What retailers pay
| Cost | Amount | Notes |
|---|---|---|
| Marketplace access | Free | No membership required to browse or place standard orders |
| Product pricing | Set by each brand | Wholesale pricing, typically well below suggested retail |
| Standard payment | Charged at time of order | Default method unless approved for payment terms |
| 60-day payment terms | 0% interest | Requires approval; a revolving, interest-free credit pool, not a loan |
| 90-day first-order terms | 0% interest | Invitation-only; applies only to a retailer’s first order with a brand new to them |
| Faire Insider membership | $19.99/month, 30-day free trial | Unlocks free shipping on qualifying brands, phone support, early event access |
| First-order returns | Free | 60-day window per brand; Faire pays for the return label |
What brands pay
| Fee | Amount | Notes |
|---|---|---|
| Marketplace commission | 15% of order value | Applies to every marketplace order, first orders and reorders alike |
| New-customer fee | $10 flat | One-time charge, only on a new retailer’s very first order |
| Faire Direct commission | 0% | Only on orders from retailers referred through a brand’s own personal link |
| Payment processing | 1.9%–3.5% + $0.30 per order | Rate depends on the payout speed a brand selects, from 60-day (cheapest) to next-day (priciest) |
| Seller application | Free | Approval can take up to 30 days |
For retailers, the headline economics are straightforward: you pay what the brand charges, plus shipping, and Faire’s own fees mostly show up as optional programs, like Insider, rather than mandatory ones. Order minimums are set per brand rather than by Faire, and they vary widely; some brands sell with no minimum at all, and Faire lets you filter specifically for brands with “no minimum” or “$100 or less” listed if you want to test a new line without committing to a large first order.
For brands, the math is less forgiving. Stack the standard 15% commission with the $10 new-customer fee and payment-processing costs, and a first order from a new retailer can cost a brand somewhere in the neighborhood of a quarter of that order’s value before the brand’s own production and shipping costs are even factored in. Faire Direct is the intended relief valve, cutting commission to 0% on relationships a brand brings itself, and that 0% rate is meant to apply to that retailer’s ongoing orders, not just the first one, once the relationship is confirmed to qualify. In practice, sellers reported enough confusion about exactly which relationships qualified for that 0% rate that Faire rewrote its own Faire Direct policy in January 2024, extending the qualifying window and adding clearer tools for tracking and disputing commission charges, after the company itself acknowledged what it called “frustration and confusion” among sellers. That’s a real, documented data point about how the fee structure has actually played out for brands, not a theoretical concern.
One more detail worth flagging for brands: payout speed and retailer payment speed run on two separate clocks. A brand chooses its own payout schedule, next-day, 30-day, or 60-day, at three different processing-fee rates, and gets paid on that schedule regardless of whether the retailer who placed the order is on a standard, 60-day, or 90-day payment plan; Faire is effectively fronting that gap itself. That’s a genuine advantage over traditional wholesale, where a brand extending net terms directly to a retailer usually carries that credit risk alone. It doesn’t mean payouts are instant or complaint-free, which the next section covers in more detail.
Faire’s aggregate reputation splits sharply depending on which side of the marketplace is doing the rating, more so than most brands covered on this site, and that split is the most useful thing to understand before trusting any single score.
On Trustpilot, Faire holds an “Excellent” rating of 4.6 out of 5 from more than 11,000 reviews as of July 2026, with roughly 82% of reviews at five stars and about 6% at one star. Work through a sample of that feedback and the reviewers are overwhelmingly retailers describing a shopping experience: praise clusters around the breadth of Faire’s catalog across its 100,000-plus brands, an ordering and checkout flow reviewers repeatedly call simple and fast, and shipping that generally arrives well-packed and on schedule. The negative slice of that same Trustpilot pool skews toward shipping-specific gripes, occasional damaged or delayed packages, shipping costs some small-business buyers feel eat into their margin, and confusion around the return process, rather than anything that reads as a trust or safety problem.
The Better Business Bureau paints a considerably rougher picture, and it draws from a different crowd. Faire carries an F rating with the BBB and is not BBB-accredited; as of July 2026, the business had 61 complaints on file and had left 51 of them without a response. Work through those complaints and the pattern shifts from buyer to seller: brands describing account holds or terminations with limited explanation, disputes over commission charged on relationships they believed qualified for Faire Direct’s 0% rate, delayed payouts, and customer support that, according to a number of complainants, leans heavily on automated chat before a human gets involved. A smaller number of brands report counterfeit or knockoff versions of their own designs turning up elsewhere on the marketplace and describe DMCA takedown requests moving slowly, with infringing listings reappearing after removal. None of that is something LegitScout independently tested; it’s a tendency drawn from aggregated complaint text, and it should be read as a pattern worth knowing about rather than a confirmed event-by-event account.
Put the two scores side by side and the honest read isn’t that one is right and the other wrong. Trustpilot is measuring what it’s like to be a retailer buying on Faire, an experience that is, by a fairly wide margin, well-reviewed. The BBB complaint log is measuring something closer to what it’s like to be a brand selling on Faire when something goes wrong, and on that score, the concerns are specific and consistent enough that they shouldn’t be waved away as background noise from a handful of unhappy sellers.
Faire checks out as a legitimate, currently operating company: it has been running since 2017, has disclosed backing from well-known venture investors including Sequoia Capital, Khosla Ventures, Forerunner Ventures, and Founders Fund, and has put more than $8 billion in cumulative brand sales through its marketplace by its own reporting. None of that guarantees every individual transaction goes smoothly, but it does rule out the pattern most people are actually worried about when they ask whether a wholesale site is real: a marketplace with no real infrastructure behind it, collecting payments with no intention of fulfilling orders or paying sellers.
The safeguards Faire has built in are concrete rather than aspirational. Retailers buying for resale generally have to upload a resale tax ID or similar proof of an active business before Faire grants full buying access, which keeps the marketplace from being as open as a normal consumer storefront. Brands go through their own vetting before they’re allowed to list, a review Faire says can take up to 30 days and that checks for a registered business along with tax and banking information. On the money side, Faire, not the individual brand, handles the return process and refund for a retailer’s first order with any given brand, and its 60- and 90-day payment-terms programs run on published eligibility criteria rather than a case-by-case handshake.
Where this gets more complicated is on the brand side, and it’s worth being specific about what the complaints actually describe rather than treating “legit” as a single yes-or-no answer. Sellers who have had accounts held or closed describe limited, sometimes automated, communication about why. Sellers who believed they qualified for 0% commission on a relationship they brought to Faire themselves have, in a pattern documented enough that Faire revised its own policy over it, ended up disputing charges instead. Payout complaints, while not the majority experience given the scale of the underlying business, show up often enough in BBB and review data to be a real consideration rather than an isolated one. That’s a real operational shortfall, not evidence of fraud, and the distinction matters: a company that is slow to resolve a payout dispute is a materially different problem than a company that never intended to pay sellers in the first place, and everything surfaced in this research points to the former, not the latter.
For retailers, the practical safety picture is stronger than for brands: verified sellers, Faire-mediated returns and refunds rather than a direct dispute with an individual brand, and payment terms that carry no interest and don’t touch personal credit. For brands, “safe” is a more qualified yes: the company is real, the checks are real, and the commission structure is disclosed rather than hidden, but expecting occasional friction around commission tracking, payout timing, or support responsiveness is the more accurate expectation than assuming a frictionless experience.
Faire earns a 3.9 out of 5 from us. That number blends two genuinely different pictures rather than averaging one smooth experience: an excellent, well-earned retailer-side reputation backed by real protections (verified sellers, Faire-mediated first-order returns, transparent and interest-free payment terms) and a brand-side experience that is workable and disclosed but comes with documented friction, an F BBB rating with most complaints left unanswered, a commission-dispute history serious enough that Faire had to rewrite its own policy over it, and payout and support complaints that surface too often to dismiss as noise.
If you’re a retailer sourcing inventory, the evidence here supports using Faire with reasonable confidence: vet what you’re ordering the way you would with any new supplier, use the first-order return window while it’s available, and don’t assume net-60 approval is automatic just because you applied. If you’re a brand deciding whether to list, treat the roughly 15%-plus-processing commission as a real cost of the reach Faire provides rather than a rounding error, get familiar with Faire Direct if you already have retailer relationships worth protecting from that commission, and go in knowing that if something goes wrong with a payout or an account hold, resolving it may take real persistence.
Either way, check Faire’s current fees, terms, and program names before committing anything meaningful. A marketplace operating at this scale and this stage of its own growth, still privately held, still fundraising, still widely rumored as an eventual IPO candidate, tends to adjust its programs more often than a mature public company would.
Yes. Faire is a nine-year-old, venture-backed B2B wholesale marketplace that has raised more than $1.5 billion and, as of July 2026, connects hundreds of thousands of verified retailers with over 100,000 independent brands. It requires US retailers to submit proof of an active business, typically a resale tax ID, before releasing full buying access, and it holds an 'Excellent' 4.6-out-of-5 rating on Trustpilot from more than 11,000 reviews. Its F rating with the Better Business Bureau and a documented pattern of brand-side complaints about commissions and payouts mean legit does not mean friction-free, especially if you are selling on Faire rather than buying from it.
In most cases, yes. Faire is built for retailers and other businesses buying for resale or professional use, not individual consumers, and US buyers purchasing for resale are generally required to upload a resale tax ID, also called a seller's permit or resale certificate, before Faire verifies the account. Business-use buyers, such as offices, salons, or hotels furnishing their own space, go through a similar verification step without necessarily needing a resale certificate. Faire states most submissions are reviewed within one business day, though incomplete documentation can slow that down.
Retailers who are approved get a spending limit they can use to place orders now and pay 60 days after the order date, or 60 days after the ship date if an order takes more than 14 days to ship. Faire describes it as an interest-free credit pool rather than a loan, and using it does not affect personal credit. Approval is not automatic: Faire weighs business type, size, and location along with payment history and order-return behavior, and it can adjust or revoke the limit if invoices go unpaid. A separate, invitation-only 90-day version exists specifically for a retailer's first order with a brand they have not bought from before.
On your first order with any individual brand, yes, within a 60-day window: Faire pays for a prepaid return label and processes the refund itself rather than routing the dispute through the brand. That protection resets per brand rather than per order, so a later order with a brand you have already bought from once is not covered. It also doesn't refund your original outbound shipping cost, and items such as custom orders, testers, or a single piece pulled from a pre-packed set are excluded.
That depends on how much you value reach versus margin. Faire charges a 15% commission on marketplace orders, first orders and reorders alike, plus a one-time $10 fee the first time a given retailer discovers you, and payment-processing fees of roughly 1.9% to 3.5% depending on how fast you choose to be paid. Brands can bring that down to 0% commission by routing existing or referred customers through a personal Faire Direct link, though enough sellers reported confusion about which relationships actually qualify that Faire rewrote the policy in January 2024 to clarify it. Whether the math works out depends on your margins and whether Faire is genuinely bringing you retailers you couldn't have reached on your own.
Because the two ratings draw from different audiences. Trustpilot reviews for Faire skew heavily toward retailers describing their shopping experience, selection, checkout, and shipping, which is a large part of why the aggregate score lands at 'Excellent.' The Better Business Bureau complaint log skews the other way, toward brands describing commission disputes, delayed payouts, and slow support. Both readings are real, drawn from real complaint and review text; neither one alone describes what using Faire is like for every user.