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WHATNOT
Whatnot
E-commerce / live-stream shopping · Los Angeles · United States · Founded · 2019 · ≈ · 800 · employees

Whatnot Company Profile

Private

Whatnot is a private company building in e-commerce / live-stream shopping, founded in 2019. Investors last valued the company at $11.5B. No public ticker exists for the company.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Whatnot at a glance
Last valuation
$11.5B
POST-MONEY · OCT 2025
Raised across rounds
$1.6B
9 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
AMZN—
AMZN-PERP · live
Valuation history

Whatnot valuation history

5 valuations. The latest, $20B post-money, was set by the Series G in Aug 2026.

$11.5B
Sep 2021
$1.5B
Series C · post-money
Jul 2022
$3.7B
Series D · post-money
+147% vs prior valuation
Jan 2025
$5B
Series E · post-money
+34% vs prior valuation
Oct 2025
$11.5B
Series F · post-money
+131% vs prior valuation
Aug 2026
$20BLATEST
Series G · post-money
+74% vs prior valuation
Latest valuation
$20Bpost-money
Set by the Series G · 7 Aug 2026
×13.3since the $1.5B Series C in Sep 2021
Valuations
5
Priced rounds with a valuation
Event type
Primary round
The Series G · $545M raised
Funding history

Whatnot funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Seed
Dec 2020
$4M
—
—
—
Series A
Mar 2021
$20M
—
Andreessen Horowitz
—
Series B
May 2021
$50M
—
Y Combinator Continuity Fund
—
Series C
Sep 2021
$150M
$1.5B
CapitalG
—
Series D
Jul 2022
$260M
$3.7B
DST Global, CapitalG
+146.7%
Series E
Jan 2025
$265M
$5B
—
+34.3%
Tender offer
Jan 2025
$72M
—
—
—
Series F
Oct 2025
$225M
$11.5B
DST Global, CapitalG
+131.4%
Series G
Aug 2026
$545M
$20B
ICONIQ, Lightspeed Venture Partners, Avra
+73.9%
Whatnot · investors

Investors

IICONIQLEADLightspeed Venture PartnersLEADAAvraLEADDST GlobalLEADCapitalGLEADYY Combinator Continuity FundLEADAndreessen HorowitzLEADGreycroftSSequoia Capital
Will Whatnot IPO?
Founded
2019
Dec 2020
Seed
Aug 2026
Series G · $20B
IPO
Not announced
No filing has been made.
Whatnot — the private market
Last valuation$11.5B · post-money · Oct 2025
Total raised$1.6B
Lead investors
ICONIQLightspeed Venture PartnersAvraDST Global
IPO statusNot announced
Founded · HQ2019 · Los Angeles · United States
Employees≈ 800
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Whatnot

Whatnot is a digital marketplace and live-stream shopping platform where users can buy and sell items in online video auctions, incorporated in Delaware and based in Marina Del Rey, California. Whatnot was founded in 2019 by Grant LaFontaine and Logan Head; before expanding to host a more diverse range of products, the platform started as a marketplace for Funko Pop figurines.

It is the largest live shopping platform in the United States, and in 2025 the platform had more than $8 billion in sales and held nearly 60% market share of live commerce across North America and Europe. In April 2026, Whatnot was included on the TIME100 Most Influential Companies of 2026 list.

The money screen · ranked by accessibility

How to get Whatnot exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Whatnot.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Whatnot availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Whatnot included.

No account needed

Whatnot stock — frequently asked questions

Who has invested in Whatnot?›

Lead investors for each round are in the funding timeline.

Who are Whatnot's competitors?›

The closest e-commerce / live-stream shopping peers are on the competitors page.

How can I get exposure to Whatnot?›

The routes section explains what is realistically available for a company at this stage.

Is Whatnot publicly traded?›

No. Whatnot is a private company; its shares do not trade on a public exchange.

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