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

Whatnot Valuation: $20B After the Aug 2026 Series G

Private

Whatnot was last valued at $11.5B (post-money). It comes from the $545M Series G of Aug 2026. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Whatnot valuation · at a glance
Last valuation
$11.5B
POST-MONEY · OCT 2025
Lead investors
7
across 9 rounds
Raised across rounds
$1.6B
9 rounds
Date of last round
Aug 2026
closed 7 Aug 2026
Valuation history

How the Whatnot valuation has moved

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 rounds

Whatnot rounds and the valuation each one set

9 rounds
Round
Date
Amount
Valuation
Basis
Series G LATEST
7 Aug 2026
$545M
$20B
POST-MONEY
Series F
1 Oct 2025
$225M
$11.5B
POST-MONEY
Tender offer
8 Jan 2025
$72M
—
—
Series E
8 Jan 2025
$265M
$5B
POST-MONEY
Series D
8 Jul 2022
$260M
$3.7B
POST-MONEY
Series C
1 Sep 2021
$150M
$1.5B
POST-MONEY
Series B
1 May 2021
$50M
—
—
Series A
1 Mar 2021
$20M
—
—
Seed
1 Dec 2020
$4M
—
—
Lead investors
Leads: Andreessen Horowitz, Avra, CapitalG, DST Global, ICONIQ, Lightspeed Venture Partners, Y Combinator Continuity Fund.
Full funding history — Whatnot profile ›
What the valuation means

What the $11.5B actually measures

A private valuation is the price agreed in one transaction. The Whatnot valuation of $11.5B is a post-money figure from the Series G dated 7 Aug 2026 — the whole company measured after the $545M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $11B .

The valuation holds until the next priced round or secondary sale. A private company founded in 2019 with roughly 800 people has no daily price and no order book between rounds.

Where the $11.5B comes from
EventSeries G, dated 7 Aug 2026
Basispost-money
Round size$545M
LeadICONIQ, Lightspeed Venture Partners, Avra

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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