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Faire vs Recursion Pharmaceuticals — IPO & Funding Comparison

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

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Some data on this page may be outdated. We're verifying.
Data for Faire last verified: Jul 18, 2026. Data for Recursion Pharmaceuticals last verified: Jul 15, 2026.
Metric Faire Recursion Pharmaceuticals
Valuation$12.4B$2.5B
Total Funding$1.7B$939M
IPO StatusPrivatePublic
SectorE-commerceBiotechnology
StageSeries HPublic
HeadquartersSan Francisco, CASalt Lake City, UT
CEOMax RhodesChris Gibson
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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

Recursion Pharmaceuticals

AI-powered biotech combining biology, chemistry, and machine learning for drug discovery.

IndustryBiotechnology
StagePublic
IPO StatusPublic
Valuation$2.5B
Total Funding$939M
HeadquartersSalt Lake City, UT

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Frequently Asked Questions

What is the Faire vs Recursion Pharmaceuticals valuation in 2026? +

Faire is valued at $12.4B. Recursion Pharmaceuticals is valued at $2.5B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.

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

Faire filed an S-1 in April 2026 and is actively in the IPO pipeline. Recursion Pharmaceuticals is currently already public. 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. Recursion Pharmaceuticals has raised $939M.

Are Faire and Recursion Pharmaceuticals in the same sector? +

Faire operates in E-commerce, while Recursion Pharmaceuticals operates in Biotechnology.

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

Faire is a E-commerce company valued at $12.4B with $1.7B raised. Recursion Pharmaceuticals is a Biotechnology company valued at $2.5B with $939M 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 Recursion Pharmaceuticals before their IPO? +

Accredited investors can access pre-IPO shares in Faire and Recursion Pharmaceuticals 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.

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