Collectable, a NYC-based sports memorabilia investment platform, raised an additional $5.5m as part of a Series A funding round.
The round was led by Amplo, Bain Capital Ventures and Fifth Down Capital with participation from Rose Park Advisors, Evolution VC Partners, Anthony and Joseph Pompliano, Colin Anderson (Friends and Family Capital, former CFO of Palantir) and Jeff Pearlman (Partner, LNK Partners). In conjunction with the funding, Sheel Tyle, Founder and CEO of Amplo, will be joining Collectable’s board.
The company intends to use the funds to expand its user base, supporting product expansion, marketplace data and analytics, content creation, and various marketing initiatives.
Led by CEO and Co-founder Ezra Levine and Jason Epstein, Chairman and Co-founder, Collectable is a fractionalized ownership platform dedicated solely to sports memorabilia. Since its launch in September 2020, the platform has attracted well over 35,000 users while completing nearly 100 sports collectible asset IPO’s.
Amplo is a global venture capital firm helping build companies that matter. Amplo’s roster of investments includes Robinhood, Andela, BharatPe, Doxel, Fair Square Medicine, and Parsley Health, amongst others.
FinSMEs
26/05/2021