StockX

StockX

Marketplace for high-demand consumer products

About StockX

Simplify's Rating
Why StockX is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Fintech

Consumer Goods

Company Size

1,001-5,000

Company Stage

Series E

Total Funding

$481.5M

Headquarters

Detroit, Michigan

Founded

2016

Overview

StockX operates as an online marketplace for buying and selling high-demand consumer products, with a primary focus on sneakers, streetwear, electronics, collectibles, and luxury items. The platform allows users to treat products like stocks, providing real-time market pricing based on supply and demand. This transparency helps buyers understand the current market value of items, enabling informed purchasing decisions. StockX generates revenue by charging transaction fees on sales and ensures the authenticity of products through a thorough verification process, fostering trust among users. The company targets a diverse clientele, including sneaker enthusiasts and collectors, and has adapted to the growing trend of online shopping, making its platform accessible through a user-friendly interface and mobile app. StockX's goal is to connect buyers and sellers while maintaining a strong emphasis on authenticity and market transparency.

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Simplify's Take

What believers are saying

  • StockX set record trades during Cyber Weekend, indicating strong market demand.
  • The platform's new returns policy could enhance customer satisfaction and loyalty.
  • StockX's trend reports highlight its ability to adapt to market changes.

What critics are saying

  • Ongoing legal dispute with Nike could harm StockX's reputation and finances.
  • Leadership transition may lead to strategic shifts impacting current market strategies.
  • Increased competition from AI-driven startups could challenge StockX's authenticity assurance.

What makes StockX unique

  • StockX offers a 'stock market of things' model for real-time pricing.
  • The platform ensures authenticity through a rigorous verification process.
  • StockX provides a personalized sneaker portfolio feature for users.

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Funding

Total Funding

$481.5M

Above

Industry Average

Funded Over

5 Rounds

Secondary funding comparison data is currently unavailable. We're working to provide this information soon!
Secondary Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Hybrid Work Options

Company Equity

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
MacMegaSite
Jan 15th, 2025
Apple places second in Electronics category of StockX's Sixth Annual Culture Index

Apple places second in electronics category of StockX's sixth annual Culture Index.

PR Newswire
Dec 3rd, 2024
Stockx Sets Cyber Weekend Records

— The company saw record trades on Cyber Monday —. — Asics, Fear of God, Pop Mart, and Timberland set new trade records throughout the week —. — Best-selling products across categories included Travis Scott's latest Jordan collab, sneakers from Asics and adidas, Fear of God apparel, Ugg Lowmel boots, and Labubu collectibles from Pop Mart —

Fashion Dive
Nov 20th, 2024
Nike's counterfeit legal dispute with StockX heats up

On Wednesday, StockX announced that it was launching a new returns policy in the U.S., which offers customers a 14-day return period and a full refund in the form of StockX credit.

PR Newswire
Nov 13th, 2024
Stockx Drops Quarterly Trend Report, Highlights Performance Sneakers And Other Trends Shaping Resale Market In 2024

New Balance collabs, challenger sneaker brands, and streetwear staples are among the trends outlined in the platform's latest 'Big Facts'. DETROIT, Nov. 13, 2024 /PRNewswire/ -- The latest quarterly trend report from current culture marketplace, StockX, highlights the brands and products that made their mark on the resale market in 2024. The report – Big Facts: 2024 Trends – also shines a light on the brands, collaborations, and sneaker silhouettes that have seen significant year-over-year search spikes on StockX ahead of the upcoming holiday season. "As we head into the holiday season, it's eye opening to look back on this year and see how much has changed in the resale market. There's never been a more exciting time for customers who want access to culturally relevant items than right now," said StockX Co-Founder, COO and President, Greg Schwartz

PR Newswire
Nov 8th, 2024
Stockx Announces Ceo Transition

Greg Schwartz, cofounder, president COO, to become CEO effective January 1, 2025. Outgoing CEO Scott Cutler to remain advisor to the company. DETROIT, Nov. 8, 2024 /PRNewswire/ -- StockX today announced that Scott Cutler has chosen to step down as Chief Executive Officer (CEO) effective December 31, 2024. The Board of Directors has selected Greg Schwartz, the company's co-founder, president COO, as the next StockX CEO. Cutler — who is one of StockX's earliest investors and served as an advisor to the company prior to joining as CEO in June 2019 — will resume his role as advisor and will work closely with Schwartz for the balance of the year to ensure a smooth transition

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