Livestream shopping in the United States has a ways to go to catch up with China’s booming $600 billion industry, but Whatnot’s new $260 million Series D round shows that shoppers stateside are increasingly embracing this way of buying and selling items.
The announcement of the firm’s inaugural capital raise from prominent investors is set to propel the vision for the construction of decentralized content representing communities from across the NFT space.
Music distribution and payments platform Stem has announced the completion of a $20 million funding round and detailed plans to deliver “sophisticated financial tools to all stakeholders in the music industry.”
Crypto investor Katie Haun has raised $1.5 billion for her new fund after leaving Andreessen Horowitz, and shattered a record in the process.
A new platform in the celebrity EdTech space promises amateur performers the opportunity to demonstrate their talent and receive feedback from industry experts.
Airlines have a relatively straightforward goal — getting people in seats — but they’ve traditionally relied on inefficient and outdated statistical modeling methods to predict what prices and other conditions will sell tickets. Enter FLYR Labs. The company has developed a deep learning platform to forecast airline demand and set airfare prices, and it’s now secured … Read more
Whatnot, a livestreaming shopping platform for collectors to buy and sell things like rare Pokémon cards and Funko Pops, has closed a $150 million Series C — its third round of fundraising in 2021 alone. This round pins Whatnot’s valuation at $1.5 billion, earning it a spot on the ever-growing list of unicorns. So what’s … Read more
Social commerce startup Flip is mixing live commerce mobile apps with real customer reviews to improve the buying experience and opportunity for the creator economy. Today, the Los Angeles-based company closed on a $28 million Series A led Streamlined Ventures. Nooruldeen “Noor” Agha, a serial e-commerce entrepreneur, founded Flip in 2019 after emigrating to the … Read more
Online learning platform MasterClass has been valued at $2.75 billion in a new round of funding, sources tell CNBC. That’s more than triple its valuation from June 2020, according to Pitchbook. The company plans to use the fresh $225 million in funds to help launch a new enterprise business and expand internationally. MasterClass, which offers … Read more
Stem’s music distribution and payment platform recently raised $10 million in new funding and, since its 2015 launch, has paid out $100 million in royalty payments to independent artists using the platform. While the Los Angeles-based financial technology startup’s latest milestones help support creators during the ongoing pandemic and related economic devastation that has left … Read more