Private Market View

Whatnot

San Francisco, CA · Founded 2019 · Privately Held (backing)

PA Mark · $/share
$93
Sep 2026
Implied valuation
$11.5B
Total raised
$975.4M
Last round
Later Stage VC
Oct 2025

Key facts

as of Sep 2026
  • Whatnot’s last known valuation is $11.5B (Oct 2025).
  • It has raised $975.4M across 5 recorded rounds; the latest was Later Stage VC ($225.0M) in Oct 2025.
  • Notable investors include Y Combinator, Andreessen Horowitz, Sequoia Capital, Lightspeed Venture Partners, Liquid 2 Ventures41 tracked in total.
  • Private Market View tracks 2 recorded secondary trades in Whatnot shares.
  • Whatnot has filed 4 Form Ds with the SEC since 2021, most recently Jan 2025 ($262.0M sold to 11 investors).
  • Status: Privately Held (backing).
PA Mark — composite indicative price
LOW confidence
~$93per share
as of Sep 2026 · the exact daily mark is a member feature
Composed from 2 inputs:3rd-party trades 100%
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Recorded secondary trades

2 on record · Feb 2026 – Feb 2026

2 trades between Feb 2026 and Feb 2026. Exact dates, prices and structures are available to Pro members.

Feb 2026peak 2 prints / monthFeb 2026
Counts and months are public. The prints are the product.Unlock 2 trade prints

Institutional fund marks

No fund marks yet

No SEC-registered fund has reported a fair-value mark on Whatnot in its N-PORT filings yet. We sweep new filings monthly.

Pro members can request priority coverage with a 48-hour turnaround.

Funding rounds

5 rounds
Oct 2025Later Stage VC$225.0MSEC filing
Dec 2024Later Stage VC$262.0MSEC filing
Jul 2022Later Stage VC$260.0MSEC filing
Aug 2021Later Stage VC$141.1MSEC filing
May 2021Early Stage VC$47.0MSEC filing

About Whatnot

Developer of a live stream platform designed to trade limited-edition toys and collectibles. The company's platform allows buying and selling collectibles online, verifies every product sold, and builds social shopping experiences through features like live shopping and auctions, enabling collectors and enthusiasts to safely buy, sell their products and connect with other collectors.

Sector
Consumer Products and Services (B2C)
HQ
San Francisco, CA, United States
Founded
2019
Employees
979
Ownership
Privately Held (backing)