Overview
- DST Global and CapitalG co-led the financing, with Sequoia and Alkeon joining alongside returning backers including Andreessen Horowitz, Greycroft and Bond.
- Whatnot reports about $6 billion in 2025 gross merchandise volume so far, more than double its 2024 total.
- Proceeds will support new product features, policy updates, expanded hiring and faster international growth.
- The round includes a $126 million tender offer to provide liquidity for select existing shareholders.
- Total funding rises to roughly $968 million, more than doubling Whatnot’s valuation since January’s $265 million raise near $5 billion.