The Fancy raises additional $7 million from owner of Barneys and others [report]


Social commerce startup The Fancy reportedly has another $7 million in the bank. According to The Business of Fashion, the Pinterest rival has raised new money from a group of investors including hedge fund manager Richard C. Perry, the majority owner of luxury retailer Barneys New York. In July, the startup was said to have raised $53 million at a $600 million valuation.


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