Whatnot Raises $260M in Series D Funding
Summary
The round, which brings the company’s valuation to $3.7 billion, was co-led by DST Global and returning investor CapitalG, Alphabet’s independent growth fund, with participation from BOND and returning investors Andreessen Horowitz (a16z) and YC Continuity. In conjunction with the funding, Laela Sturdy, General Partner at CapitalG, joined the Whatnot board. The company intends to use the funds for continued investment in the in-app live & social commerce marketplace and for the launch in additional categories for collectors and enthusiasts of all kinds. Co-founded by Grant Lafontaine and Logan Head, Whatnot is the premier independent shopping destination for collectors and enthusiasts. To further build its community, Whatnot has launched activations and partnerships with artists such as Fat Joe, YouTuber and investor Logan Paul, and the exhibit company Fan Expo.
Funding
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