French investment bank Bpifrance and CEO Max Bittner led the financing, enabling the Paris-based social luxury resale platform to enter new markets and invest in tech.

This week, Vestiaire Collective hires Maximilian Bittner as its new CEO, while Condé Nast names Joseph Libonati as communications chief.

Backed by the likes of President Macron and LVMH, the world’s fashion capital is rolling out the red carpet for tech start-ups as well as designer labels. BoF goes behind the hype.

Selena Gomez, Adwoa Aboah and other industry catalysts from around the world celebrated the BoF 500 at a New York Fashion Week dinner topped off by live musical performances.

Vestiaire Collective will use the funding to fuel expansion into new markets and reinforce customer acquisition amidst competition from The RealReal, Tradesy and others.

"In Sebastien Fabre's case it was his wife's impulse shopping that provided the inspiration that led to the creation of Vestiaire Collective."

BoF can exclusively reveal that luxury resale site Vestiaire Collective has raised a $37 million Series D round to ramp up global expansion.