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Whatnot, the Live-Stream Shopping Platform and Marketplace for Collectors and Enthusiasts, Announces $4M in Seed Funding


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LOS ANGELES, Dec. 17, 2020 /PRNewswire/  Today, Whatnot announced it has raised $4M in seed funding with participation from Scribble Ventures, Wonder Ventures, Operator Partners, Y Combinator, Liquid 2 Ventures, Twenty Two Ventures and other investors. The company plans to use the funds to invest in growing the team, scaling their operations and expanding into new categories including video games, comics books, designer toys and vintage fashion.
The Whatnot app
While the first generation of online marketplaces created the opportunity for collectors and enthusiasts to transact with one another for the first time, these platforms are also plagued by fraudulent activity with few safeguards to guarantee authenticity and protect community members. Whatnot not only takes the guesswork and risk out of buying and selling items online, but has also built a live streaming platform that enables its community to connect and interact in r ....

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