Quidd, a NYC-based platform for buying, trading and using premium, rare digital goods, raised $13M in Series A funding.
The round was led by Sequoia Capital, with participation from returning investors. In conjunction with the funding, Sequoia partner and AdMob founder Omar Hamoui joined the company’s Board of Directors.
The company intends to use the funds to expand its ecosystem of buyers, sellers, publishers and media companies, particularly through increased investment in the ledger technology that underlies the Quidd platform.
Launched in 2016 by Michael Bramlage and Erich Wood, Quidd provides a platform for buying, trading and using premium, rare digital goods.
Available for free on iOS and Android devices, the app operates a large catalog of premium, rare digital goods, featuring extensive collections of digital stickers, GIFs, cards and 3D toys from the best names in entertainment, like Marvel, Game of Thrones and Rick and Morty.
Quidd will open an office in LA in 2018.