Friday, July 22, 2022

Whatnot Raises $260M More

Los Angeles-based Whatnot said late Thursday that it has raised $260M in a Series D funding round for its live shopping platform. The funding was co-led by DST Global and CapitalG. Other investors in the round included BOND, Andreessen Horowitz (a16z) and YC Continuity. According to the company, this new funding brings its valuation to $3.7 billion. Whatnot said it will use the new funding for continued investment in its live and social commerce marketplace, plus launch into additional categories. Whatnot is led by CEO and Co-founder Grant Lafontaine.