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Venture Capital News: StarStock Secures $8M Series A Funding

2021-04-01
NEW YORK, NY, StarStock has secured an $8 million Series A funding round.
StarStock, a marketplace for sports fans and card hobbyists to buy, sell, and invest in their favorite athletes, has secured an $8 million Series A funding round to continue to fuel the company's growth plans in the thriving sports card market. The round is led by Andreessen Horowitz, with participation from several angel investors including NBA all-star Trae Young, Twitch Co-founder Justin Kan, Chief Operating Officer of BetMGM, Ryan Spoon, and Ilkka Paananen, Co-founder of Supercell. This latest round brings the company's total funding to $10 million.

StarStock is a marketplace for sports fans and card hobbyists to buy, sell, and invest in their favorite athletes. By storing sports cards in a centralized vault, StarStock enables its users to buy and sell their favorite players without actually needing to ship the cards. This creates a stock market feel where fans can trade players instantaneously and at scale.
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