✦ AI AI Company Comparison

Faire vs Hadrian — IPO & Funding Comparison

Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.

⚠️
Some data on this page may be outdated. We're verifying.
Data for Faire last verified: Jul 3, 2026. Hadrian: verified Jul 10, 2026.
Metric Faire Hadrian
Valuation$12.4B$8.5B
Total Funding$1.7B$1.42B
IPO StatusPrivatePrivate
SectorE-commerceDeeptech
StageSeries HSeries E
HeadquartersSan Francisco, CALos Angeles, CA
CEOMax RhodesChris Power
The IPO Stack Newsletter

Get Tuesday's IPO moves + one deep-dive in your inbox

Scores, valuations, and signals for Faire, Hadrian, and 370+ companies. 5-min read every Tuesday.

Faire

Faire is the wholesale marketplace connecting 700K+ independent retailers with 100K+ emerging brands — the B2B commerce platform for the indie retail economy. Valued at $12.4B with $1.7B raised, Faire processes billions in annual GMV and is the dominant wholesale marketplace globally. IPO candidate as B2B commerce digitisation continues to disrupt traditional wholesale distribution — a $50B+ global market.

IndustryE-commerce
StageSeries H
IPO StatusPrivate
Valuation$12.4B
Total Funding$1.7B
HeadquartersSan Francisco, CA

Hadrian

Defense manufacturing and industrial technology. Emerging name in defense tech category. Significant rounds in 2024-2025. Hadrian IPO searches growing.

IndustryDeeptech
StageSeries E
IPO StatusPrivate
Valuation$8.5B
Total Funding$1.42B
HeadquartersLos Angeles, CA

Get the Full Report on Any Company — One-Time $19

Complete funding history, cap table, S-1 analysis, and investor breakdown for any company. Instant PDF download.

Get All 375+ Reports — $49/mo

Or buy any single company report for $19

Frequently Asked Questions

What is the Faire vs Hadrian valuation in 2026? +

Faire is valued at $12.4B. Hadrian is valued at $8.5B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.

Which is more likely to IPO first — Faire or Hadrian? +

Faire filed an S-1 in April 2026 and is actively in the IPO pipeline. Hadrian is currently private. Track both companies on TechStackIPO for S-1 filings, roadshow announcements, and IPO date updates.

How much has each company raised in total funding? +

Faire has raised $1.7B. Hadrian has raised $1.42B.

Are Faire and Hadrian in the same sector? +

Faire operates in E-commerce, while Hadrian operates in Deeptech.

What are the key differences between Faire and Hadrian as investments? +

Faire is a E-commerce company valued at $12.4B with $1.7B raised. Hadrian is a Deeptech company valued at $8.5B with $1.42B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor access options.

How can I invest in Faire or Hadrian before their IPO? +

Accredited investors can access pre-IPO shares in Faire and Hadrian through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.