Who Owns Quince?
Updated onExplore the ownership hierarchy of Quince. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Quince
Quince is a direct-to-consumer e-commerce brand that sells affordable "luxury" clothing, accessories, and home goods using a factory-direct model to offer premium-quality essentials at lower prices.
Starts at $9.9 / item
Last Brand
Last Brand is a San Francisco–based direct-to-consumer company founded in 2018 that offers sustainably sourced, high-quality fashion and home essentials at accessible prices.
Quince
Quince is a direct-to-consumer e-commerce brand that sells affordable "luxury" clothing, accessories, and home goods using a factory-direct model to offer premium-quality essentials at lower prices.
Starts at $9.9 / item
Last Brand
Last Brand is a San Francisco–based direct-to-consumer company founded in 2018 that offers sustainably sourced, high-quality fashion and home essentials at accessible prices.
Major Shareholders
Quince
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Sid (Siddhartha) Gupta Co‑founder and Chief Executive Officer of Last Brand, Inc. (dba Quince), the Delaware corporation behind the Quince brand, founded in 2018 and rebranded from Last Brand to Quince. | Founder | — | Nov 2025 |
Zunu Mittal Co‑founder and President of Quince/Last Brand since 2019; continues to serve as president and co‑founder as of 2025. | Founder | — | Sep 2025 |
Sourabh Mahajan Co‑founder and Chief Technology Officer of Quince, listed as a founding executive and CTO in recent corporate profiles. | Founder | — | Mar 2024 |
Becky Mortimer Co‑founder and Head of Sourcing/Product Development at Quince, identified as a member of the founding team. | Founder | — | Apr 2024 |
Iconiq Capital Lead investor in Quince’s approximately $200M Series D round in July 2025, the company’s largest disclosed financing, valuing Quince at over $4.5B. | Institutional | — | Jul 2025 |
Wellington Management Institutional investor that led Quince’s $77M Series B round in May 2023 and co‑led the $120M Series C round in January 2025. | Institutional | — | Jan 2025 |
Notable Capital Venture firm that co‑led Quince’s $120M Series C funding round in January 2025. | Institutional | — | Jan 2025 |
Insight Partners Growth equity investor that led Quince’s first major institutional round, the $50M Series A financing announced in November 2021. | Institutional | — | Nov 2021 |
DST Global Global technology investment firm that participated in Quince’s $120M Series C round in January 2025. | Institutional | — | Jan 2025 |
Basis Set Ventures Early‑stage VC that first invested in Quince’s Series A round in 2021 and participated again in the Series B and Series C financings. | Institutional | — | Jan 2025 |
8VC Venture firm that backed Quince starting with its Series A and reinvested in subsequent rounds including the Series B and Series C. | Institutional | — | Jan 2025 |
Lugard Road Capital Investor affiliated with Luxor Capital that participated in Quince’s $77M Series B funding round in May 2023. | Institutional | — | May 2023 |
GGV Capital Venture capital firm that invested alongside Wellington and others in Quince’s Series B round in 2023. | Institutional | — | May 2023 |
Founders Fund Venture firm that participated in Quince’s $50M Series A financing in late 2021. | Institutional | — | Nov 2021 |
Luxor Capital Group Investment firm, related to Lugard Road Capital, that invested in Quince’s Series A round. | Institutional | — | Nov 2021 |
FJ Labs Marketplace‑focused investor identified as a backer of Quince in later rounds, including the 2025 financing, and described by FJ Labs as one of its larger Fund II positions by carrying value. | Institutional | — | Jul 2025 |
Last Brand
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Sid (Siddhartha) Gupta Co‑founder and CEO of Quince (formerly Last Brand), which operates through Last Brand, Inc.; as founding chief executive he is widely understood to hold a significant equity stake, though no percentage is publicly disclosed. | Founder | — | Dec 2025 |
Sourabh Mahajan Technical co‑founder and Chief Technology Officer of Quince/Last Brand, making him a key individual shareholder; exact ownership is not disclosed. | Founder | — | Dec 2025 |
Becky Mortimer Original co‑founder of Last Brand (rebranded as Quince) and part of the founding team that raised the initial seed round; her equity stake is not publicly quantified. | Founder | — | Dec 2025 |
Zunu Mittal Co‑founder and President at Quince/Last Brand, identified in multiple leadership profiles as part of the founding team; specific share ownership has not been disclosed. | Founder | — | Dec 2025 |
Iconiq Capital Lead investor in Quince’s approximately $200M Series D financing in July 2025, which valued the company above $4.5B, making Iconiq Capital a major institutional shareholder of Last Brand, Inc.; detailed stake size is not public. | Institutional | — | Jul 2025 |
Wellington Management Large institutional investor that led Quince’s $77M Series B round in 2023 and co‑led the $120M Series C round in January 2025, implying a significant minority position in Last Brand, Inc.; no exact percentage is disclosed. | Institutional | — | Jan 2025 |
Notable Capital Venture firm that co‑led Quince’s $120M Series C funding in January 2025, making it one of the more recent major investors in Last Brand, Inc.; ownership share is undisclosed. | Institutional | — | Jan 2025 |
DST Global Growth‑stage investor that participated in Quince’s $120M Series C round, and therefore holds a direct minority stake in Last Brand, Inc.; no public data on stake size. | Institutional | — | Jan 2025 |
Insight Partners Global growth‑equity firm that invested in Quince’s $77M Series B round in 2023 and is repeatedly listed among its key backers, indicating a material but undisclosed minority ownership in Last Brand, Inc.. | Institutional | — | May 2023 |
Lugard Road Capital Public‑markets–oriented investment fund that joined Quince’s $77M Series B in 2023, taking a direct equity position in Last Brand, Inc.; specific ownership percentage has not been reported. | Institutional | — | May 2023 |
GGV Capital / Notable Capital (pre‑rebrand) GGV Capital, whose U.S. business later rebranded as Notable Capital, participated in Quince’s $77M Series B financing, holding a minority stake in Last Brand, Inc.; precise stake is undisclosed. | Institutional | — | May 2023 |
Basis Set Ventures Early‑stage fund that backed Last Brand/Quince from its $8.5M seed round and also participated in later rounds including the Series B and Series C, making it a continuing minority shareholder; exact ownership level is not public. | Institutional | — | Jan 2025 |
8VC Venture firm that invested in Last Brand/Quince starting with the 2019 seed round and followed on in subsequent rounds such as the Series B and Series C, implying a meaningful but undisclosed minority stake in Last Brand, Inc.. | Institutional | — | Jan 2025 |
Founders Fund One of the principal investors in Last Brand’s initial $8.5M seed financing, alongside 8VC and Basis Set Ventures, giving it an early minority position in the company; current percentage ownership is not publicly available. | Institutional | — | Oct 2019 |
FJ Labs Startup studio and venture investor cited among Quince’s backers in coverage of the company’s July 2025 fundraising, indicating a direct but non‑disclosed minority equity stake in Last Brand, Inc.. | Institutional | — | Jul 2025 |
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