Well Run profileThe Well Run 100 · #94 of 720

Position 94

Whatnot

Live-video shopping marketplace where sellers auction collectibles, fashion and more

Pace
4:05/kmRace4.5
Distance
Distance Marathon.
Open ops roles
4
Last week
#81
Move
▼ 13
Peak
#81
Weeks in the 100
2
The Chart →
Rank and score over time
Board rank
#71#86#101#81Oct 18#91Oct 25
Pace score
02464.5Oct 184.5Oct 25

One point per Sunday re-rank, tracking since Oct 18. The lines fill in week by week.

Whatnot runs in the Race lane (4:05/km): 5 of 111. Further right = more momentum. No competitors on the board yet, so it runs alone.

Also competes with: eBay, TikTok Shop, Fanatics Live, Poshmark

Revenue estimate
~$1B revenue (2025)estimate · as of 2025 siliconvalleyinvestclub.com ↗
Total raised
~$1.5Bsee rounds ↓
Headcount
~1,564as of Mar 2026 siliconvalleyinvestclub.com ↗
Founded
2019
HQ
Marina del Rey / Los Angeles, CA

Leadership

The problem

Small sellers need a live, community-driven way to reach buyers and sell fast

What they do

Live-video shopping marketplace where sellers auction collectibles, fashion and more

Traction H1 2026 GMV over $8B, matching all of 2025; buyers more than doubled YoY

Hiring trend

Open roles
149
Ops roles
4
Headcount
~1,700-2,000

Headcount ~1,723 (Revelio, Q1 2026), up from 1,163 in 2024; 149 open roles

Hiring in

  • San Francisco
  • New York
  • Los Angeles
  • Remote

Funding

Last round
$545M
Stage
Series G
Date
Aug 2026

Led by ICONIQ, Lightspeed, Avra

Distance

Marathon · edge: grows with users

Largest US live shopping platform, claims ~60% share; H1 2026 GMV over $8B; gambling claims pending.

Sources: DTC Dispatch: Whatnot $8B GMV, retention (Jun 2026) ↗ · CNBC: Whatnot valued at $20B, ~60% live-shopping share (Aug 2026) ↗

Watch-outs

Mar 2026: arbitration claims (15 filed, ~30 clients) allege card breaks are illegal gambling / RICO

Sources: The Athletic, Mar 2026 ↗ · Benzinga, Mar 2026 ↗

Last checked Oct 13, 2026

News timeline

  1. Sep 2026Permanently cut seller commissions, some to as low as 3% inc.com ↗
  2. Sep 2026ThredUp expands into live shopping on Whatnot finance.yahoo.com ↗
  3. Aug 2026Raised $545M Series G at $20B valuation cnbc.com ↗
  4. Jun 2026H1 2026 GMV topped $8B, matching all of 2025; fashion is top category dtcdispatch.com ↗
  5. Mar 2026Hit with RICO / illegal-lottery suit over sports card breaks benzinga.com ↗
  6. Oct 2025Raised $225M Series F at $11.5B valuation pymnts.com ↗

Funding historyTotal raised ~$1.5B

  1. Aug 2026Series G$545Mat $20BLed by ICONIQ, Lightspeed, Avra cnbc.com ↗
  2. Oct 2025Series F$225Mat $11.5BLed by CapitalG, DST Global siliconvalleyinvestclub.com ↗
  3. Jan 2025Series E$265Mat ~$5BLed by Avra, Greycroft techcrunch.com ↗
  4. Jul 2022Series D$260Mat $3.7BLed by DST Global siliconvalleyinvestclub.com ↗
  5. Sep 2021Series C$150Mat $1.5BLed by CapitalG siliconvalleyinvestclub.com ↗
  6. May 2021Series B$50MLed by YC Continuity siliconvalleyinvestclub.com ↗
  7. Mar 2021Series A$20MLed by Andreessen Horowitz siliconvalleyinvestclub.com ↗
  8. Dec 2020Seed$4MLed by Wonder Ventures siliconvalleyinvestclub.com ↗

Profile facts checked Oct 19, 2026. Every fact links to its public source.

Keep going

← Back to the board