Investment continues to come from out-of-state investors
StockX says it has raised a total of $490 million since
Nick Manes/Crain's Detroit Business
StockX is based in downtown Detroit.
StockX Inc. is gearing up for a merry Christmas and a happy new year.
The Detroit-based e-commerce platform, which bills itself as a "stock market of things," announced Wednesday morning that it raised $275 million in a Series E funding round from a crop of new investors. The raise values the company, co-founded by billionaire Detroit businessman Dan Gilbert, at $2.8 billion, according to a news release. StockX says it has now raised a total of $490 million since launching in 2016.