Whatnot Raises $260M Series D Co-Led By Dst Global And Capitalg To Expand Its Live, Social Commerce Marketplace
Whatnot Raises $260M Series D Co-Led By Dst Global And Capitalg To Expand Its Live, Social Commerce Marketplace
07/21/22, 5:24 PM
Location
marina del reyMoney raised
$260 million
Industry
information technology
Round Type
series d
Whatnot, the largest independent live shopping platform in the US, announced today that it has raised $260 million in a Series D funding round co-led by DST Global and returning investor CapitalG, Alphabet’s independent growth fund. The latest fundraise brings the company’s valuation to $3.7B, a 2.5x increase since its $1.5 billion valuation in September, 2021. Other participating investors include BOND and returning investors Andreessen Horowitz (a16z) and YC Continuity. The fresh capital will facilitate continued investment in the in-app live & social commerce marketplace and enable the company to launch additional categories for collectors and enthusiasts of all kinds.
Company Info
Location
578 washington blvd. #1019
marina del rey, california, united states
Additional Info
Whatnot is the largest livestream shopping platform in North America and Europe to buy, sell, and discover the things you love. We’re building the future of ecommerce, bringing together community, shopping and entertainment. We are committed to our values, and as a remote co-located team, we operate out of hubs within the US, UK, Ireland, Poland, and Germany today.
We’re innovating in the fast-paced world of live auctions from fashion, beauty, electronics to collectibles like trading cards, comic books, and even live plants. Whatnot has something for everyone.
And, we’re growing. Whatnot has been one of the fastest growing marketplaces and we’re hiring forward-thinking problem solvers across all functional areas.