POPA ReconWhatnot Raises $545M Series G at a $20B Valuation
Whatnot Raises $545M Series G at a $20B Valuation Live-shopping marketplace Whatnot closed a $545M Series G at a $20B valuation, roughly double the $11.5B it was worth after its Series F last October. The round was led by ICONIQ, Lightspeed and Avra, with returning backers including Andreessen Horowitz, Y Combinator, DST Global and Alphabet's CapitalG, plus new investors like Kleiner Perkins. Whatnot has now raised about $1.5B since 2019 and plans to expand and lean further into AI. The mega-round stands out in an AI-obsessed market, betting on livestreamed, gamified commerce for small-busi…
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