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Sneaker Investment App Rares Announces $4 Million Seed Funding Round, Led By Mac Venture Capital

Oct 11, 2021•almost 4 years ago

Amount Raised

$4 Million

Round Type

seed

Las Vegas

Description

Rares, an innovative social investing platform and the first alternative asset marketplace exclusively for sneakers, announces today that it has raised $4 million in a seed funding round led by MaC Venture Capital. The new investment round was supported by Cake Ventures, Urban Rising Funds I and II, and Evolution VC, with both W Fund and Gaingels participating after their Pre-Seed investments.

Company Information

Company

Rares

Location

Las Vegas, Nevada, United States

About

Rares is an innovative social investing platform and alternative asset marketplace exclusively for sneakers. Regulated by the U.S. Securities & Exchange Commission (S.E.C.) it provides a safe and secure environment for sneaker investors to buy and trade fractional ownership of extremely rare assets (i.e. sneakers). It is the only S.E.C. regulated stock market exclusively for sneakers.