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New Deal


Announced

Completed

Andreessen Horowitz led a $20m Series A funding round in Whatnot.

Financials

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Transaction Value£14m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Acquisition

E-commerce

Completed

Domestic

Minority

Private

Private Equity

online marketplace

shopping platform

Venture Capital

United States

Synopsis

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Andreessen Horowitz, a venture capital firm, led a $20m Series A funding round in Whatnot, a live stream shopping platform. The round had participation from investors Y Combinator, Wonder Ventures, Operator Partners, Scribble Ventures, Steve Aoki and Chris Zarou. "Many of our biggest and most popular sellers have thriving communities on other platforms, but had to find work-arounds to actually buy and sell the pieces their fans were asking for. Inspired by our own experiences buying and selling collectibles online, Whatnot creates a space that turns online shopping into entertainment, helps people connect live over the things they love, and is purpose-built to make it easy to foster both community and commerce," Logan Head, Whatnot Co-Founder.

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