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$150 Million

The RealReal, Inc.

Convertible Debt

Co-Manager, June 2020

The RealReal, Inc.

The Real Real Inc is the world’s largest online marketplace for authenticated, consigned luxury goods. With a rigorous authentication process overseen by experts, The RealReal provides a safe and reliable platform for consumers to buy and sell their luxury items. They have 150+ in house gemologists, horologists and brand authenticators who inspect thousands of items each day. As a sustainable company, REAL gives new life to pieces by hundreds of brands, from Gucci to Cartier, supporting the circular economy. REAL makes consigning effortless with free in home pickup, drop off service and direct shipping for individual consignors and estates. At TRR stores in LA, NYC and San Francisco, customers can shop, consign, and meet with experts. At 10 Luxury Consignment Offices, four of which are in retail stores, expert staff provides free valuations.