Headquartered in San Francisco, Quince was founded in 2019 as Last Brand and rebranded in June 2020. Forbes listed it among its Next Billion-Dollar Startups in 2023, and by November 2025 the company employed some 800 people generating roughly $1.1 billion in annual revenue.
Backed by Founders Fund, Insight Partners and DST Global among others, Quince raised a Series D in July 2025 at a valuation above $4.5 billion. In 2026 it launched a Canadian website, expanding beyond the United States.