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Venture Capital News: Whatnot Lands $150M Series C Funding Round

2021-09-16
LOS ANGELES, CA, Today Whatnot, the live stream shopping platform and marketplace for collectors and enthusiasts, announced that it has raised $150 million in Series C round.
The includes return investors Andreessen Horowitz, YC Continuity, and new investor CapitalG. They join angel investors Andre Iguodala, Logan Paul, Gokul Rajaram, Nilam Ganenthiran and others in investing in the company, bringing the company's total funding to $225M to date.

Founded in 2019 by Grant Lafontaine and Logan Head, in less than two years Whatnot has become the biggest live stream shopping platform with a total valuation of $1.5B. Since the announcement of the last round, Whatnot has expanded to include other popular collectible categories like vintage fashion and sneakers, and plans to leverage the capital to drive growth in this competitive space.

Whatnot is a live stream shopping and marketplace for collectors and enthusiasts, capturing the the excitement of the in-person collector experience and allowing communities and fandoms to connect in real-time and geek out with their favorite sellers. Whatnot is a remote-first company based in Los Angeles, CA and has 70 employees.
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