Whatnot

Whatnot

Live stream platform and marketplace that enables collectors and enthusiasts to connect, buy, and sell verified products. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€3.4b (Public information from Jul 2022)
Marina del Rey California (HQ)
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Whatnot.com is a dynamic startup that operates in the niche market of collectibles, specifically focusing on Funkos, FiGPiNs, and other similar items. The company has carved out a unique space by offering the largest collection of 100% authentic collectibles, ensuring that every item listed on its platform is verified and authenticated. This rigorous verification process includes hand authentication, which adds a layer of trust and security for both buyers and sellers.

Whatnot.com primarily serves collectors and enthusiasts who are passionate about their hobbies and are looking for a safe and reliable marketplace to buy and sell their prized items. The platform's user base includes individuals who are fans of various franchises such as Marvel Comics, Star Wars, and Bob's Burgers, among others. These clients are often looking for rare and exclusive items to add to their collections.

The company operates in the online marketplace sector, specifically targeting the collectibles market. This market has seen significant growth in recent years, driven by the increasing popularity of pop culture and the desire for unique, limited-edition items.

Whatnot.com's business model is straightforward yet effective. It acts as an intermediary between buyers and sellers, providing a secure platform for transactions. The company makes money by charging low fees on each sale, which is a competitive advantage compared to other marketplaces. Additionally, Whatnot.com offers seller protection, ensuring that sellers receive their payments promptly and securely.

In summary, Whatnot.com is a specialized online marketplace that caters to the growing community of collectible enthusiasts. By focusing on authenticity and security, the company has built a trusted platform that facilitates safe and easy transactions for rare and valuable items.

Keywords: Collectibles, Funkos, FiGPiNs, Authentication, Marketplace, Pop Culture, Rare Items, Secure Transactions, Enthusiasts, Low Fees.

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