Whatnot funding rounds & valuation history
Whatnot, the Los Angeles live-shopping marketplace for collectibles, fashion and more. Funding from the Series E (Jan 2025) to the Series G (Aug 2026), sourced to CNBC, Whatnot and Crunchbase News.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
Closed round |
Series G |
$545M |
Iconiq, Lightspeed, Avra |
$20BValuation stated by Whatnot (CNBC)1.74× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Tender |
Investor tender offerAnnounced with the Series F; a purchase of existing shares, no new money for Whatnot. |
Up to $126M |
Select current investors |
Not statedNo company valuation stated by the source |
—Not disclosedTender price, not a new round; no multiple |
||
Closed round |
Series FTotal raised about $968M since 2019 after this round (Crunchbase News). |
$225M |
DST Global, CapitalG |
$11.5BReported (Crunchbase News, CNBC) |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series EMonth only. |
$265M |
—Not disclosed |
Nearly $5BReported as “nearly $5 billion” (approximate, so no step-up) |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.
Sources: CNBC, Whatnot, Crunchbase News. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- Jan 2025 · Closed
Series E: $265M at Nearly $5B.
- 28 Oct 2025 · Closed
Series F: $225M at $11.5B led by DST Global, CapitalG.
- 28 Oct 2025 · Tender
Investor tender offer: Up to $126M.
- 7 Aug 2026 · Closed
Series G: $545M at $20B led by Iconiq, Lightspeed, Avra.
Cite this dataset
Free to quote with a link back. Copy this citation:
Whatnot Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/whatnot/
Download the data
The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
whatnot-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/whatnot-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_usd_low,amount_usd_high,lead_or_buyer,co_leads,valuation_usd_low,valuation_usd_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_usd_low,price_per_share_usd_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A primary round announced by the company or confirmed in the press, bringing new money to the company.
Tender
A sale of existing shares (employee tender, secondary or buyback). It brings no new primary capital, so it is Status, not the last-closed valuation; no step-up or multiple.
Valuation ÷ run-rate
Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.
What is not a separate row
Seed to Series D (2019–2022), and employee share sales other than the 2025 investor tender.
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled (batch 3, not yet published).