Whatnot announces $545 million in Series G funding
It is the largest raise in live shopping and will support seller growth through marketing, trust, new categories, and AI tools.
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Live shopping marketplace
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In short: Whatnot reached a $20 billion valuation and $8 billion in annual sales while facing scrutiny over the addictive nature of its platform.
It is the largest raise in live shopping and will support seller growth through marketing, trust, new categories, and AI tools.
The deal brings Shaped's founder and engineers to Whatnot to lead AI research in discovery and personalization.
The milestone represents seller passion, buyer trust, and community building across hundreds of categories since 2019.
The update includes templates, Shopify integration, and variants to improve speed and accuracy while retaining live selling efficiency.
Under the current model, Whatnot charges commission only on sales, excluding tax and shipping, with occasional promotional discounts rotated across certain categories. The new structure...
Whatnot started in a Valley garage in 2019 and now has around 1,500 employees globally.
Whatnot lets users bid on trading cards, sneakers and secondhand fashion in fast-paced live auctions. Some can't stop.
Whatnot, a fast-growing live-shopping platform, has nearly doubled its valuation in less than a year.
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