Whatnot, Inc. Asset Profile

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Year established

2019

Location

CA US

Primary Industry

Internet

About

Founded in 2019 and based in California, US, Whatnot Inc. operates as a developer of a digital marketplace where users can buy and sell items online. The company has 70 employees as of September 2021 and was co-founded by Grant LaFontaine and Logan Head. In May 2021, it raised USD 50 million in series B funding led by returning investor Y Combinator, with participation from new investors. In September 2021, Whatnot raised USD 150 million in series C funding from Andreessen Horowitz, CapitalG, and Y Combinator. The company provides a mobile application that allows collectors and fanatics to buy or sell collectible items like Pokemon cards, sports cards, and Funko pops through a live stream shopping platform. The company also offers products such as FigPins, vintage fashion, streetwear, and sneakers. The company plans to use its series C funding raised in September 2021 to expand to up to 20 categories by the end of 2021, leverage its capital to drive growth in the competitive space, and expand into other popular collectible categories like vintage fashion and sneakers.

Current Investors

Sequoia Capital, Y Combinator, Wonder Ventures

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Primary Industry

Internet

Sub Industries

Internet

Website

www.whatnot.com

Verticals

E-commerce, Mobile Apps

Company Stage

Series D

Total Amount Raised

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