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Collx Raises $5.5M To Scan And Evaluate Value Of Trading Cards

Feb 27, 2023•over 2 years ago

Amount Raised

$5.5 Million

HaddonfieldSoftwareInformation Technology

Investors

Bam VenturesDefy.VcLightspeed Venture PartnersSeven Seven Six CapitalSpearheadNaval RavikantJeff FagnanRobert J. MooreRyan SchinmanBrad StadlerDarren LachtmanDavid AdelmanDj SkeeNat TurnerMorrison Seger Venture Capital PartnersBen Franklin Technology Partners114 VenturesFj LabsNext Coast VenturesBrand Foundry Ventures

Description

Card collectors often dispute how much their cards are worth. New Jersey-based CollX provides a free iOS and Android app to card enthusiasts that allows them to scan their trading cards and get value in return.

Company Information

Company

CollX

Location

43 Kings Highway W

Haddonfield, New Jersey, United States

About

CollX helps answer one of the most basic questions that any collector has: “What’s this worth?” The mobile app, initially for iOS and Android, enables users to take a picture of a collectible, identify it, and get the current market value. CollX is launching with support for baseball cards, followed shortly by all sports cards, trading card games like Magic and Pokemon, and soon comics and other collectibles. 

 Once an item is added to your collection, you can track that item’s value over time, just as you can your overall portfolio. More importantly, you can buy and sell any collectible with full transparency into the counterparty's collection, offering an unprecedented ability to create ad-hoc lots, trade, and more.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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