Whatnot, a Los Angeles CA-based live stream shopping platform and marketplace, raised $150M in Series C funding, valuing it at $1.5 billion.
Backers included Andreessen Horowitz, YC Continuity, CapitalG, and angel investors Andre Iguodala, Logan Paul, Gokul Rajaram, Nilam Ganenthiran and others.
The company, which has raised $225M in total funding to date, intends sto use the fund to continue to grow operations and its business reach.
Founded in 2019 by Grant Lafontaine and Logan Head, Whatnot is a live stream shopping and marketplace for collectors and enthusiasts, allowing communities and fandoms to connect in real-time and geek out with their favorite sellers. The company, which has 70 employees, began with collectibles like Funko Pops and Pokémon cards, and plans to expand to 20 categories by the end of 2021.
FinSMEs
20/09/2021