Whatnot Raises $4M in Seed Funding

Whatnot

Whatnot, a Los Angeles, CA-based live-streaming platform and marketplace that allows collectors and enthusiasts to connect with their community to buy and sell verified products, raised $4M in seed funding.

Backers included Scribble Ventures, Wonder Ventures, Operator Partners, Y Combinator, Liquid 2 Ventures, Twenty Two Ventures and other investors.

The company plans to use the funds to invest in growing the team, scaling their operations and expanding into new categories including video games, comics books, designer toys and vintage fashion.

Led by CTO Logan Head and CEO Grant LaFontaine, Whatnot is a live-streaming platform and marketplace that allows collectors and enthusiasts to connect with their community to buy and sell verified products. The company verifies each item and holds buyers and sellers to a high code of conduct. Since its launch in December 2019, Whatnot has gained thousands of sellers and tens of thousands of buyers on the platform.

The company has 11 employees.

FinSMEs

18/12/2020

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