Whatnot, a Los Angeles, CA-based independent live shopping platform, raised $260 million in Series D funding.
The round was led by DST Global and CapitalG, which also saw participation from BOND and returning investors Andreessen Horowitz and YC Continuity.
The Company intends to use the funds to keep investing in its in-app live and social commentary platform, with plans to launch additional categories for collectors and enthusiasts.
Company: Whatnot, Inc.
Raised: $260.0 M
Round: Series D
Funding Month: July 2022
Lead Investors: DST Global and CapitalG
Additional Investors: Andreessen Horowitz and YC Continuity
Company Website: https://www.whatnot.com/
Software Category: social commentary platform
About the Company: Co-founded by Grant Lafontaine and Logan Head, Whatnot is the premier independent shopping destination for collectors and enthusiasts. The marketplace connects like-minded buyers and sellers and provides the opportunity for anyone to discover new hobbies and interests. Whatnot provides live shopping experiences for popular collectibles categories such as sneakers, trading cards, sports cards and memorabilia, rare toys, and more.
Source: https://www.pymnts.com/news/investment-tracker/2022/live-shopping-platform-whatnot-raises-260m-in-series-d/