Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.
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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.
| Industry | E-commerce |
| Stage | Series H |
| IPO Status | Private |
| Valuation | $12.4B |
| Total Funding | $1.7B |
| Headquarters | San Francisco, CA |
Tailscale is the mesh networking platform providing zero-trust private networks for developers and enterprises, the modern VPN alternative that connects devices across any cloud, office, or home network. Valued at 1B USD with 100M raised, Tailscale has 1M+ active nodes and is used by thousands of engineering teams at Fortune 500 companies. Major defensetech IPO candidate as zero-trust networking replaces traditional VPN infrastructure for every remote and hybrid organization.
| Industry | Cybersecurity |
| Stage | Series C |
| IPO Status | Private |
| Valuation | $2.5B |
| Total Funding | $265M |
| Headquarters | Toronto, Canada |
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Faire is valued at $12.4B. Tailscale is valued at $2.5B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.
Faire filed an S-1 in April 2026 and is actively in the IPO pipeline. Tailscale is currently private. Track both companies on TechStackIPO for S-1 filings, roadshow announcements, and IPO date updates.
Faire has raised $1.7B. Tailscale has raised $265M.
Faire operates in E-commerce, while Tailscale operates in Cybersecurity.
Faire is a E-commerce company valued at $12.4B with $1.7B raised. Tailscale is a Cybersecurity company valued at $2.5B with $265M raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor access options.
Accredited investors can access pre-IPO shares in Faire and Tailscale 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.