The RealReal Reportedly Mulls IPO

The RealReal is in discussions with investment banks about launching an initial public offering later this year, according to Reuters, which cited unnamed sources. The upscale resale site has sent out requests for proposals to advisors and underwriters that might manage an IPO, Reuters reports. With the summer close of $115 million in Series G financing, The RealReal so far has raised a total of $288 million. The e-retailer declined to comment to Retail Dive on the Reuters report. Read more at Retail Dive.