StockX Revenue, Valuation, Funding & Investors

StockX is valued at $3.8B as of April 2021, a 9.5x multiple on its last reported $400M revenue.

Last StockX valuation

$3.8B

Series E · Apr 2021

Last StockX funding round

$195M

Series E · Apr 2021

StockX revenue

$400M

Series E · Apr 2021

Key investors in StockX

  • Altimeter Capital
  • Dragoneer
  • Tiger Global
  • GV
  • SV Angel
  • Battery Ventures

StockX Overview

About StockX

StockX is an online marketplace for authenticated sneakers, apparel, streetwear, electronics, collectibles, and trading cards, founded in 2016 in Detroit. The platform functions like a stock market for consumer goods, using bid-ask pricing and expert verification to confirm authenticity for buyers and sellers. It has grown to more than 15 million buyers and 1.7 million sellers, with over 50 million lifetime trades, competing with platforms such as GOAT in the authenticated resale market.


Founded

2015

HQ

United StatesDetroit, MI

Website

stockx.com

Status

Privately held

Customer focus

B2C

Revenue model

Commission

Revenue

$400M (Apr 2021)

Valuation

$3.8B (Apr 2021)

StockX Valuation

StockX is currently valued at $3.8B, based on its Series E in April 2021.

The $195M round was led by Altimeter Capital, with participation from Dragoneer.

StockX's valuation has grown 3.8x from $1B at its Series C in June 2019 to $3.8B in April 2021, across 4 priced rounds.

StockX valuation by funding round

Revenue multiple
StockX valuation by funding round
DateStageValuationRevenue Multiple
Apr 2021Series E$3.8B9.5x
Apr 2021Secondary$3.8B9.5x
Dec 2020Series E$2.8B28.0x
Jun 2019Series C$1B-

StockX Revenue

StockX's latest recorded revenue is $400M, as of its Series E in April 2021. At a $3.8B valuation, that implies a 9.5x revenue multiple.

Revenue grew from $100M in December 2020 to $400M in April 2021, while the revenue multiple moved from 28.0x to 9.5x.

StockX revenue by funding round

StockX revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Apr 2021$400M$3.8B9.5xSeries E
Apr 2021$400M$3.8B9.5xSecondary
Dec 2020$100M$2.8B28.0xSeries E

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

StockX Funding History

StockX has raised a total of $630M across 5 funding rounds, plus 1 secondary share sale.

StockX's first fundraising round was a $6M Series A in February 2017. The most recent completed round was a $195M Series E in April 2021.

StockX funding rounds

StockX funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2021Series EAltimeter Capital (lead); Dragoneer$195M$3.8BStockX operates as a global online marketplace for authenticated sneakers, apparel, electronics, collectibles, and trading cards, functioning like a 'stock market' for consumer goods with transparent bid-ask pricing and expert verification to ensure authenticity. Founded in 2016 in Detroit, it has grown rapidly by capitalizing on demand for hype-driven streetwear and luxury resale items targeted at Gen Z and millennial consumers. On April 8, 2021, StockX completed a $195 million secondary tender offering and $60 million in Series E-1 primary shares, achieving a $3.8 billion post-money valuation—a 35% increase from the $2.8 billion valuation in its prior $275 million Series E round in December 2020 led by Tiger Global. Altimeter Capital led this financing with participation from Dragoneer Investment Group as a new investor, alongside existing backers, providing liquidity to early employees and investors while funding global expansion, product innovation, and category diversification. The company demonstrated strong traction, generating over $400 million in revenue in 2020 alongside $1.8 billion in gross merchandise value, underscoring its position as one of the fastest-growing e-commerce platforms. By 2023, StockX reported over 15 million buyers, 1.7 million sellers, and 50 million lifetime trades. StockX competes in the authenticated resale market against platforms like GOAT (valued at $3.7 billion in 2021), emphasizing price discovery, trust, and transparency amid rising demand for verified products. Investors such as Altimeter and Dragoneer highlighted StockX's leadership in these trends, with total funding reaching around $690 million across multiple rounds by 2024.
Apr 2021SecondaryAltimeter Capital (lead); Dragoneer (lead)$195M$3.8BStockX is an online marketplace for authenticated sneakers, clothing, gaming consoles, and collectibles serving Gen Z and millennial consumers. The platform completed a $255 million financing round on April 8, 2021, consisting of a $60 million Series E-1 primary offering and a $195 million secondary tender offering, with the combined transaction valuing the company at $3.8 billion. This represented a 35% increase from the company's $2.8 billion valuation in December 2020 following its $275 million Series E round. Altimeter Capital led both components of the financing, with Dragoneer Investment Group as a new institutional investor alongside existing investors. StockX generated over $400 million in revenue in 2020 and completed over 7.5 million trades with $1.8 billion in gross merchandise value. The company was planning a public offering in the second half of 2021 as of the announcement date.
Dec 2020Series ETiger Global (lead); Sands Capital Ventures; Altimeter Capital; Hedosophia; Whale Rock Capital Management$275M$2.8BStockX is an e-commerce marketplace founded in 2016 that operates as a stock-market-style platform for authenticating and reselling sneakers, streetwear, luxury goods, collectibles, and electronics. The platform uses a supply-and-demand pricing model similar to financial markets, allowing buyers and sellers to transact based on true market value. The company is headquartered in Detroit, Michigan and has built a significant user base globally. In its Series E funding round announced on December 16, 2020, StockX raised $275 million led by Tiger Global Management, with participation from Altimeter Capital, Sands Capital, and Whale Rock Capital Management. The round valued the company at $2.8 billion post-money and marked the largest VC funding round in Michigan history at that time. The funds were designated to accelerate global expansion, product innovation, and category diversification. By Q3 2020, StockX had achieved record-breaking momentum. The company reported quarterly GAAP revenue exceeding $100 million with year-over-year growth accelerating to over 75% in Q3 2020. StockX had surpassed 13 million lifetime trades, with 50% occurring in the prior 12 months, and averaged 25 million global visitors per month. The company had also surpassed $3 billion in lifetime gross merchandise value by the end of Q3 2020. StockX's rapid growth reflected broader shifts in consumer behavior accelerated by the COVID-19 pandemic, positioning the company as a key player in the authenticated resale marketplace for high-demand consumer goods.
Jun 2019Series CDST Global (lead); General Atlantic (lead); Notable Capital (lead)$110M$1BStockX, a Detroit-based online marketplace operating as a 'stock market of things' for reselling luxury and lifestyle goods including sneakers, streetwear, watches, handbags, and shoes, closed a $110 million Series C funding round on June 26, 2019, led by DST Global, General Atlantic, and GGV Capital, with participation from GV and Battery Ventures. This marked the largest VC raise in Michigan history and pushed the company's post-money valuation over $1 billion, achieving unicorn status. The platform verifies product authenticity and uses a real-time bid-ask pricing model akin to stock exchanges, capitalizing on hype-driven resale markets for limited-edition items. The funding will support international expansion into Europe and Asia, diversification of product categories beyond sneakers, introduction of new product releases via 'initial product offerings,' and opening brick-and-mortar locations in major cities. StockX appointed e-commerce veteran Scott Cutler, former eBay SVP, as CEO, replacing co-founder Josh Luber who remains on the board and as the public face. At the time, the company had over 800 employees and customers in nearly 200 countries. Traction included gross product sales topping $100 million per month, revenue more than doubling year-over-year, and surpassing a $1 billion annual GMV run rate in under three years, with upwards of 15 million monthly active users. Previously, StockX raised $44 million in a Series B in 2018 from GV and Battery Ventures, bringing total funding to $160 million. The round highlights StockX's positioning in the growing secondary market for high-demand consumer goods amid sneaker culture and luxury resale booms.
Sep 2018Series BBattery Ventures (lead); GV (lead)$44M-StockX, a Detroit-based 'stock market of things,' operates an online marketplace for buying and selling high-demand consumer goods like sneakers, streetwear, watches, and handbags, using a bid-ask system with authentication to ensure transparency and combat fraud. On September 13, 2018, it closed a $44 million Series B funding round co-led by GV (formerly Google Ventures) and Battery Ventures, with participation from existing investors Detroit Venture Partners, Courtside Ventures, and high-profile angels including Eminem, Mark Wahlberg, Ted Leonsis, Tim Armstrong, Scooter Braun, Ron Conway, Steve Aoki, Karlie Kloss, and others. The funds were allocated to international expansion, growing the user base, adding product categories, expanding authentication centers, and scaling operations. At the time, StockX reported an average daily transaction value of $2 million, highlighting rapid growth since its launch just over two years prior. The company positioned itself as revolutionizing e-commerce with a liquid, anonymous marketplace mimicking stock exchanges for real-time pricing. Investors praised its efficiency, transparency, and potential in the resale market for consumer products. This Series B marked the largest high-tech VC-led investment for a Detroit startup then. StockX subsequently raised a $110 million Series C in June 2019 led by DST Global, General Atlantic, and GGV Capital (with GV and Battery participating), achieving a post-money valuation over $1 billion, alongside metrics like $1 billion in Q4 2018 sales, 15 million monthly unique visitors, 800 employees, and presence in 200 countries.
Feb 2017Series AScooter Braun; Courtside Ventures; SV Angel; Detroit Venture Partners; Mark Wahlberg; Olubowale Victor Akintimehin$6M-StockX raised $6 million in a Series A funding round in February 2017 from investors including Courtside Ventures, Detroit Venture Partners, Mark Wahlberg, Olubowale Victor Akintimehin (Eminem), Scooter Braun, and SV Angel. The funds were intended to expand the team and scale operations. This round matched the investor list and approximate date of February 15, 2017.

Who has invested in StockX?

17 investors have backed StockX across its funding rounds, including Altimeter Capital, Dragoneer, Tiger Global, GV, SV Angel and Battery Ventures.

Lead investors include Altimeter Capital, Dragoneer, Tiger Global, DST Global, General Atlantic and 3 other investors.


StockX Investors

Investors in StockX by funding rounds participated
InvestorHQRoundsRoleFirst check
Altimeter CapitalUnited StatesSan Francisco, CA3LeadDec 2020
DragoneerUnited StatesSan Francisco, CA2LeadApr 2021
Scooter BraunUnited StatesLos Angeles, CA1ParticipantFeb 2017
Courtside VenturesUnited StatesNew York City, NY1ParticipantFeb 2017
SV AngelUnited StatesSan Francisco, CA1ParticipantFeb 2017
GVUnited StatesSan Francisco, CA1LeadSep 2018
Battery VenturesUnited StatesBoston, MA1LeadSep 2018
Detroit Venture PartnersUnited StatesDetroit, MI1ParticipantFeb 2017
Sands Capital VenturesUnited StatesWashington, DC1ParticipantDec 2020
Mark WahlbergUnited StatesBoston, MA1ParticipantFeb 2017
General AtlanticUnited StatesNew York City, NY1LeadJun 2019
Tiger GlobalUnited StatesNew York City, NY1LeadDec 2020
HedosophiaUnited KingdomLondon1ParticipantDec 2020

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Acquisitions by StockX

StockX has acquired 1 company to date.

Last acquisition by StockX was on November 17th 2021. StockX acquired Scout for undisclosed valuation.


Latest Acquisitions by StockX

Scout
Description
Scout is an all-in-one workflow platform for alternative assets available at scoutapp.ai. It integrates essential functions for asset management, including tracking, reporting, and operations tailored to investors handling non-traditional investments.
HQ CountryUnited States
HQ City
San Francisco, CA
Deal Date17 Nov 2021
Valuationundisclosed
EV/Revenue
EV/EBITDA

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StockX Competitors

StockX competitors include listed companies like Inchcape and Travel+Leisure, and private ones like Carro, OYO, Goat Group and Weee!.

Public and private companies comparable to StockX
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CarroSingaporeSingaporePrivate$936M$34M$3.8B-
OYOIndiaGurgaonPrivate$669M$112M$3.8B5.7x
InchcapeUnited KingdomUnited KingdomPublicly listed$12B$867M$3.7B0.4x
Goat GroupUnited StatesLos Angeles, CAPrivate--$3.7B-
Travel+LeisureUnited StatesUnited StatesPublicly listed$4B$684M$3.9B2.3x
Weee!United StatesSan Francisco, CAPrivate$400M-$4.1B10.3x

StockX Public Comps

StockX is still privately-owned, but its public comps include Mercari, Inchcape, Travel+Leisure, Openlane, Tongcheng Travel, MakeMyTrip, Seek, Rasan, Goto Gojek Tokopedia and Kakaku.com.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Mercari$1.5B$282M2.4x2.4x12.7x11.7x
Inchcape$12B$867M0.4x0.4x5.4x5.0x
Travel+Leisure$4B$684M2.3x2.3x13.6x8.9x
Openlane$1.9B$302M2.4x2.2x15.2x12.2x
Tongcheng Travel$2.9B$659M0.7x0.7x3.0x2.6x
MakeMyTrip$1B$171M5.0x4.5x30.3x25.7x
Seek$914M($63M)4.2x4.5x(61.7x)10.2x
Rasan$174M$73M16.1x11.0x38.6x25.9x

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Common questions about StockX

When was StockX founded?StockX was founded in 2015.
Where is StockX headquartered?StockX is headquartered in Detroit, MI, United States.
Is StockX publicly listed?No, StockX is a private, VC-backed company.
What is StockX's valuation?StockX was last valued at $3.8B in its Series E in April 2021.
How much funding has StockX raised?StockX has raised $630M across 5 funding rounds.
What was StockX's last funding round?StockX's last funding round was a $195M Series E in April 2021, led by Altimeter Capital.
Who are StockX's investors?StockX's investors include Altimeter Capital, Dragoneer, Scooter Braun, Courtside Ventures, SV Angel, GV, Battery Ventures, Detroit Venture Partners, Sands Capital Ventures, Mark Wahlberg and 7 others.
What is StockX's revenue?StockX's latest recorded revenue is $400M (April 2021).
What is StockX's revenue multiple?StockX's latest valuation implies a 9.5x revenue multiple ($3.8B valuation on $400M of revenue).
Which companies are comparable to StockX?Companies comparable to StockX include Carro, OYO, Inchcape, Goat Group, Travel+Leisure and Weee!.
How many companies has StockX acquired?StockX has acquired 1 company, including Scout.

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