WhatNot

WhatNot

Online marketplace for authentic collectibles

About

Whatnot.com operates as an online marketplace dedicated to collectibles, particularly focusing on items like Funkos and FiGPiNs. The platform ensures that every item listed is 100% authentic through a rigorous verification process that includes hand authentication, providing trust and security for both buyers and sellers. It primarily serves collectors and enthusiasts who are passionate about pop culture franchises such as Marvel Comics and Star Wars, looking for rare and exclusive items. Whatnot.com distinguishes itself from competitors by charging low fees on sales and offering seller protection, which ensures prompt and secure payments. The company's goal is to create a safe and reliable environment for collectors to buy and sell their prized items.

Company Stage

Series E

Employees

501-1,000

Industries

Consumer Software, Consumer Goods

Total Funding

$728.7M

Headquarters

Marina del Rey, California

Founded

2019


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Simplify's Take

What believers are saying

  • Whatnot's $265M funding round supports expansion and new product categories.
  • The platform's collaboration with PSA enhances trust through integrated authentication services.
  • Rising interest in live shopping among younger demographics drives Whatnot's growth.

What critics are saying

  • Increased competition from TikTok Shop may impact Whatnot's market share.
  • The collectibles market's volatility could affect Whatnot's sales and inventory.
  • Expansion into new categories may dilute Whatnot's specialized brand identity.

What makes WhatNot unique

  • Whatnot offers a unique marketplace for 100% authenticated collectible items.
  • The platform integrates live shopping with entertainment, enhancing user engagement.
  • Whatnot's partnerships with major franchises like Marvel boost its market appeal.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%

Benefits

Competitive base salary and stock options

Unlimited Vacation Policy and No Meeting Holidays

Health Insurance options including Medical, Dental, Vision, Life, Short term disability & Long term Disability

Work From Home Support

Up to $500 monthly to spend within Whatnot App

Care benefits

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