# Whatnot funding: rounds and investors

> Whatnot has raised $1.0B across 3 rounds since 2025. Investors include Greycroft, Y Combinator and Andreessen Horowitz. Every round with its source.

Source: https://millionrounds.com/company/whatnot (Millionrounds; every figure on the page links to its filing or article)

United States · [Growth startup](https://millionrounds.com/companies)

# Who invested in *Whatnot*

3 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

E-commerce Marketplaces Retail

Raised 3 months ago Valuation: $12B, Mar 2026 Y Combinator: W20

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Funding summary Updated 5 Nov 2026

**$1.0B** raised across 3 rounds since 2025, from 4 sources

**$265M** Series E **$225M** Series F **$545M** Growth

- **Latest round:** Growth, $545M Aug 2026
- **Led by:** Greycroft
- **Step-up i:** 2.4×
- **Investors:** 13 (4 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$265M** Series E

**$225M** Series F

**$545M** Growth

- **First round:** Series E, $265M
- **Biggest round:** $545M
- **Usual gap between rounds:** 10 months

## The rounds

- **Aug 2026** Growth **$545M** *1 new* *5 returning* [Greycroft](https://millionrounds.com/fund/greycroft) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Wellington Management](https://millionrounds.com/fund/wellington-management) Reported by Greycroft SEC filing: $547M sold
- **Oct 2025** Series F **$225M** *3 new* *8 returning* [DST Global](https://millionrounds.com/fund/dst-global) Lead [CapitalG](https://millionrounds.com/fund/capitalg) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Greycroft](https://millionrounds.com/fund/greycroft) [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) [Bond](https://millionrounds.com/fund/bond) [Alkeon Capital](https://millionrounds.com/fund/alkeon-capital) [Avra](https://millionrounds.com/fund/avra) Reported by Crunchbase News SEC filing: $225M sold, first sale Oct 2025
- **Jan 2025** Series E **$265M** *9 new* [Greycroft](https://millionrounds.com/fund/greycroft) Lead [DST Global](https://millionrounds.com/fund/dst-global) Lead [Avra](https://millionrounds.com/fund/avra) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Bond](https://millionrounds.com/fund/bond) [CapitalG](https://millionrounds.com/fund/capitalg) [Durable Capital Partners Lp](https://millionrounds.com/fund/durable-capital-partners) Reported by Crunchbase News and 1 other SEC filing: $262M sold, first sale Dec 2024

## Funding filed with regulators

Whatnot filed 6 raises, $1.5B in all. Filings say how much was sold and to how many investors; they never name the investors.

- Aug 2026 **$547M** 17 investors SEC Form D
- Oct 2025 **$225M** 8 investors SEC Form D
- Dec 2024 **$262M** 11 investors of $265M offered SEC Form D
- Jul 2022 **$260M** 5 investors equity SEC Form D
- Aug 2021 **$141M** 7 investors equity of $150M offered SEC Form D
- May 2021 **$47M** 2 investors equity of $47M offered SEC Form D

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series E** 2025 **Series F** 2025 **Growth** 2026 [Greycroft](https://millionrounds.com/fund/greycroft) L L [Y Combinator](https://millionrounds.com/fund/y-combinator) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [DST Global](https://millionrounds.com/fund/dst-global) L L [CapitalG](https://millionrounds.com/fund/capitalg) L [Avra](https://millionrounds.com/fund/avra) L [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Bond](https://millionrounds.com/fund/bond) [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures)

## Everyone who backed them

[Greycroft](https://millionrounds.com/fund/greycroft) VC firm **3** rounds, led 2

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **3** rounds

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **3** rounds

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **3** rounds

[DST Global](https://millionrounds.com/fund/dst-global) Private equity **2** rounds, led 2

[CapitalG](https://millionrounds.com/fund/capitalg) Corporate VC **2** rounds, led 1

[Avra](https://millionrounds.com/fund/avra) VC firm **2** rounds, led 1

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **2** rounds

[Bond](https://millionrounds.com/fund/bond) Growth equity **2** rounds

[Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) VC firm **1** round

[Wellington Management](https://millionrounds.com/fund/wellington-management) VC firm **1** round

[Durable Capital Partners Lp](https://millionrounds.com/fund/durable-capital-partners) Private equity **1** round

[Alkeon Capital](https://millionrounds.com/fund/alkeon-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=whatnot).

## Also claim to have backed them

These 10 firms list Whatnot as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[S32](https://millionrounds.com/fund/s32) VC firm Per its own site

[Wonder Ventures](https://millionrounds.com/fund/wonder-ventures-2) VC firm Per its own site

[Parable](https://millionrounds.com/fund/parable) VC firm Per its own site

[Taurus Ventures](https://millionrounds.com/fund/taurus-ventures) VC firm Per its own site

[Backwards Capital](https://millionrounds.com/fund/backwards-capital) VC firm Per its own site

[Capital Time Holding](https://millionrounds.com/fund/capital-time-holding) Investment firm Per its own site

[Elshair Companies](https://millionrounds.com/fund/elshair-companies) Family office Per its own site

[Milkbox Partners](https://millionrounds.com/fund/milkbox-partners) VC firm Per its own site

[Original Capital](https://millionrounds.com/fund/original-capital) VC firm Per its own site

[Summit Peak Investments](https://millionrounds.com/fund/summit-peak-investments) Fund of funds Per its own site

## Quick answers about Whatnot

### Who invested in Whatnot?

Whatnot's investors include Greycroft, Y Combinator, Andreessen Horowitz, Lightspeed Venture Partners and DST Global, and 8 more on record. Greycroft led its latest round.

### How much has Whatnot raised?

Whatnot has raised $1.0B across 3 rounds since 2025.

### When did Whatnot last raise?

Whatnot's most recent round was a Growth of $545M in Aug 2026, led by Greycroft.

### What was Whatnot's biggest round?

Its most recent round, $545M in Aug 2026, is also its largest on record.

### Who backed Whatnot first?

Whatnot's first round on record, in Jan 2025, was backed by Greycroft, DST Global and Avra and 6 others.

### What stage is Whatnot at?

Whatnot's latest named round is a Growth, in Aug 2026.

### Where is Whatnot based?

Whatnot is based in the United States.

### Who led Whatnot's rounds?

Greycroft led the Series E in 2025; DST Global led the Series F in 2025.

## Companies like Whatnot

In the same sector, and raised in the last eighteen months.

[**General Medicine** $152M · Nov 2026](https://millionrounds.com/company/general-medicine)[**Settle** $103M · Oct 2026](https://millionrounds.com/company/settle)[**Offe Market** $4.3M · Oct 2026](https://millionrounds.com/company/offe-market)[**Alta** $68M · Oct 2026](https://millionrounds.com/company/alta)[**Kevel** $75M · Oct 2026](https://millionrounds.com/company/kevel)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)

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