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Announced

Completed

Andreessen Horowitz, YC Continuity and CapitalG led a $150m Series C round in Whatnot.

Financials

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Transaction Value£108m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

E-commerce

online marketplace

shopping platform

United States

Acquisition

Domestic

Single Bidder

Private

Venture Capital

Minority

Completed

Private Equity

Synopsis

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Andreessen Horowitz, YC Continuity and CapitalG led a $150m Series C round in Whatnot, a live stream shopping platform and marketplace for collectors and enthusiasts. "Whatnot has cracked the code on making online shopping engaging and fun through their community-first approach to livestream shopping. Whatnot's fusion of entertainment and commerce has created an incredible growth flywheel that accelerates growth on both sides of their marketplace. Shoppers spend hours each week engaged in the app's content and community, while sellers achieve stronger monetization than is available on other channels. Whatnot has already demonstrated success across multiple categories, and we are thrilled to partner with Grant, Logan and the team on their journey," Laela Sturdy, CapitalG General Partner.

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